Nov 22, 2010
In response to several agent complaints relating to the broad nature of Florida’s unfair trade practices statutes, the Florida Department of Financial Services (“DFS”), Division of Agent and Agency Services recently held an additional public hearing Rule on proposed …
Nov 22, 2010
Colodny Fass filed an Amici Curiae brief today, November 19, 2010, in support of United Automobile Insurance Company’s motion for rehearing of the Florida Supreme Court’s decision of November 4, 2010 in Custer Medical Center v. United Automobile Insurance …
Nov 22, 2010
Following is a listing of insurance-related Florida regulatory events for the week of November 22-26, 2010: All times are Eastern Time. Additional information is available via hyperlink where noted in bold type. FLORIDA INSURANCE REGULATORY EVENTS Monday, November 22 Florida …
Nov 22, 2010
A recent meeting of insurance industry interests in which the Florida Property and Casualty Association participated yielded the following summary of priority issues and proposed action items for the 2011 Florida Legislative Session: Reprinted The objective of this meeting …
Nov 22, 2010
Various insurance industry groups are currently drafting and securing sponsors for proposed Florida legislation relating to bad faith. Given recent rulings of the Florida Supreme Court that have been indicative of a hostile climate toward certain legislative measures …
Nov 22, 2010
The following article was published by Sunshine State News on November 22, 2010: Fraud is not the Driving Force Behind Sinkhole Claims http://www.sunshinestatenews.com/ By David Beasley There has been a lot of talk of late about sinkholes and their impact …
Nov 22, 2010
The following article was published in the Tampa Tribune on November 22, 2010: Legislators: Vehicle fee reduction unlikely www.tbo.com By Gary Pinnell The 2009 Florida Legislature, faced with a $6 billion deficit, increased 106 DMV fees for all motor …
Nov 22, 2010
To ensure language in the proposed Non-admitted Insurance Multi-State Agreement (“NIMA”) is precise, the National Association of Insurance Commissioners (“NAIC”) Surplus Lines Implementation Task Force (“Task Force”) will continue its work during a teleconference scheduled for December 1 at …
Nov 22, 2010
To view a complete story, click on a headline below: Fraud Is Not the Driving Force Behind Sinkhole Claims There has been a lot of talk of late about sinkholes and their impact on Florida’s property insurance industry. Tampa …
Nov 22, 2010
Attending legislators at the November 18-21 National Conference of Insurance Legislators (“NCOIL”) 2010 Annual Meeting adopted a “slimmed-down” version of the Surplus Lines Insurance Multi-State Compliance Compact after it was approved on November 18 by NCOIL’s State-Federal Relations Committee. …