Jan 8, 2018
A public hearing on how to proceed with reinsurance collateral reforms that could be precipitated by the recently signed Bilateral Agreement Between the United States of America and the European Union (“EU”) on Prudential Measures Regarding Insurance and Reinsurance (“Covered …
Jan 4, 2018
Insurance Companies Send Settlement Checks to Hurricane Irma Victims with Strings Attached Some Florida Homeowners are discovering their Insurance Companies are employing an interesting strategy to avoid future Claims Costs. The Sun-Sentinel’s Ron Hurtibise reports. Climate Gentrification: In Florida, The …
Jan 3, 2018
If a request(s) for a hearing are received on the recently published Notice of Proposed Rule for Rule 19-8.029, F.A.C., Insurer Reporting Requirements and Responsibilities, the Florida Hurricane Catastrophe Fund (“FHCF”) Advisory Council will meet on January 9, 2018 at 1:30 …
Jan 3, 2018
Public Adjuster Licensing Among Six New Florida Laws Now Effective HB 911 makes a series of changes related to Rules and Licensure for Public Insurance Adjusters. THE NEWS SERVICE OF FLORIDA’s Jim Turner reports via the Ocala Star-Banner. Gloria Estefan’s …
Jan 2, 2018
In a notice issued December 19, 2017, the Florida Hurricane Catastrophe Fund (“FHCF”) announced its maximum statutory adjusted capacity for mandatory FHCF coverage, the maximum statutory coverage for any optional coverage, and the aggregate fund retention used to calculate individual …
Jan 2, 2018
Assignment of Benefits Abuse Tops Florida News for 2017 From threats of insurer ratings downgrades caused by the escalation in litigated water loss claims accompanied by an AOB, to the push for legislative reform to the state’s one-way attorney fee …
Jan 2, 2018
Effective January 1, 2018 as Chapter No. 2017-147, Laws of Florida, HB 911 relating to Insurance Adjusters has amended a Florida statute relating to insurance adjusters. Originally sponsored by State Representative Sean Shaw, who also formerly served as Florida’s Insurance Consumer …
Jan 2, 2018
Effective January 1, 2018 as Chapter No. 2017-147, Laws of Florida, HB 911 relating to Insurance Adjusters has amended a Florida statute relating to insurance adjusters. Originally sponsored by State Representative Sean Shaw, who also formerly served as Florida’s Insurance Consumer …
Jan 2, 2018
Assignment of Benefits Abuse Tops Florida News for 2017 From threats of insurer ratings downgrades caused by the escalation in litigated water loss claims accompanied by an AOB, to the push for Legislative Reform to the State’s One-Way Attorney Fee …
Dec 22, 2017
Aflac, State Farm reach life insurance settlements Some insurance companies managed to check death rolls quietly but quite efficiently to stop paying annuities, an investigation spearheaded by Florida officials found. Charles Elmore reports for the Palm Beach Post’s “Protecting Your Pocket” …