Oct 6, 2017
The Florida Office of Insurance Regulation has scheduled a public hearing for October 18, 2017 to consider a workers’ compensation rate filing made by the National Council on Compensation Insurance, Inc. (“NCCI”). The NCCI has requested an overall average decrease …
Oct 6, 2017
The Florida Hurricane Catastrophe Fund has updated the following (click on the hyperlink to access each PDF file): As of September 29, 2017: 2017/2018 FHCF Coverage Selections & Premium Calculations As of October 2, 2017: 2016/2017 FHCF Coverage Selections & Premium …
Oct 5, 2017
Taddeo’s arrival shakes up Senate Banking and Insurance Committee The impact of the assignment shuffle appears to be greatest on the Senate Banking and Insurance Committee, where President Negron replaced Democrat trial lawyer Gary Farmer with Taddeo and then added …
Oct 4, 2017
Florida Senate To Focus On Hurricane Issues Next Week With Hurricane Issues expected to play a big role in the 2018 Legislative Session, several Senate Committees next week will begin looking at storm-related issues in the aftermath of Hurricane Irma. …
Oct 4, 2017
Florida Senator Gary Farmer announced today, October 4, 2017, that he has filed two bills–one he describes as “decreasing unfair discrimination in the sale of auto insurance” and the other as “reducing premiums for consumers statewide.” Senator Farmer’s news release …
Sep 30, 2017
SEPTEMBER 2017 Here’s your update on Florida insurance-related legal developments from the Colodny Fass Insurance Litigation Practice. Florida Insurance Matters is a monthly update on Florida insurance-related legal developments by the Colodny Fass Insurance Litigation Practice, recently recognized as …
Sep 28, 2017
Florida Citizens says hurricane Irma loss won’t hit reinsurance It is the coastal account which has the private market reinsurance and the Everglades catastrophe bonds acting as risk transfer, with the first per-occurrence reinsurance wrap attaching above $504 million of …
Sep 27, 2017
Taddeo Wins As Democrats Pick Up Florida Senate Seat Florida’s Democratic Party picked up a Crucial Seat in the Florida Senate Tuesday in a Special Election triggered months ago by a Miami Republican’s Alcohol-Fueled Tirade at a bar near the …
Sep 26, 2017
Florida Regulator: Irma-Related Insurance Claims Approach $3.6B Insurance Claims stemming from Hurricane Irma Damage in Florida totaled $3.58 Billion as of late Saturday, according to Data from the State. The Orlando Sentinel reports via Insurance Journal. Hurricane Maria Waves Batter …
Sep 25, 2017
Floridians File Nearly 17,000 Flood Insurance Claims FEMA Data shows that Miami-Dade Residents have Filed 1,870 Claims, 829 have been Filed in Broward County and 199 have come from Palm Beach County. U.S. News and World Report says. Insider Q&A: …