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HTMLNational Council on Compensation Insurance (NCCI) Files First Florida Statewide Average Workers' Compensation Decrease in Four Years
Colodny Fass Talenfeld Karlinsky Abate Webb P.A.;
Legal Alert/Article
August 27, 2014, previously published on August 25, 2014
On August 22, 2014, the Florida Office of Insurance Regulation ("OIR") announced its receipt of the 2015 Florida workers' compensation rate filing by the National Council on Compensation Insurance ("NCCI"). The filing proposes a statewide average rate decrease of 2.5...

 

HTMLDelaware Surplus Lines Tax Increase Has Florida Impact, FSLSO Advises
Colodny Fass Talenfeld Karlinsky Abate Webb P.A.;
Legal Alert/Article
August 27, 2014, previously published on August 13, 2014
The Florida Surplus Lines Service Office ("FSLSO") advised today, August 13, 2014, that the State of Delaware has enacted legislation impacting certain Florida surplus lines policies.

 

HTMLFlorida Legislature Relaxes Agency Licensing Requirements for Broker-Dealer Branch Offices Selling Insurance Products but Creates New Disclosure Requirements for Surrenders
Eric A. Arnold, Clifford E. Kirsch, Michael B. Koffler, Susan S. Krawczyk, Holly H. Smith; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
August 27, 2014, previously published on August 25, 2014
Under current Florida insurance laws, branch offices of broker-dealers selling insurance products in Florida are required to either “license” or “register” as agency branches (in addition to satisfying insurance producer licensing requirements). However, Florida recently...

 

HTMLDiscretionary Protection - State Bonding Requirements in P3 Projects
Vianney Lopez; Smith, Currie & Hancock LLP;
Legal Alert/Article
August 25, 2014, previously published on August 19, 2014
Public-private partnerships (“P3s”) have become an increasingly popular procurement method for public projects. P3s refer to the partnership between a public government agency—which can be federal, state, or local—and a private entity. The private entity’s role in...

 

HTMLNational Association of Insurance Commissioners (NAIC) Adopts Corporate Governance Models
Colodny Fass Talenfeld Karlinsky Abate Webb P.A.;
Legal Alert/Article
August 21, 2014, previously published on August 8, 2014
Models will allow for the annual collection of detailed information on insurers' corporate governance practices

 

HTMLSuccessful International Negotiations Substantially Reduced Citizens Property Insurance Assessment Load, CEO Gilway Tells Florida Cabinet
Colodny Fass Talenfeld Karlinsky Abate Webb P.A.;
Legal Alert/Article
August 21, 2014, previously published on August 19, 2014
As part of the Florida Cabinet meeting agenda today, August 19, 2014, Citizens Property Insurance Corporation ("Citizens") President and CEO Barry Gilway was asked to provide an update on the State-run insurer's travel expenses and related policies.

 

HTMLFlorida Hurricane Catastrophe Fund Schedules Rule Workshop on Proposed 2015-2016 Reimbursement Contract
Colodny Fass Talenfeld Karlinsky Abate Webb P.A.;
Legal Alert/Article
August 21, 2014, previously published on August 15, 2014
The Florida Hurricane Catastrophe Fund ("FHCF") has scheduled an August 20, 2014 Rule Development Workshop for discussion of proposed amendments to Rule 19-8.010, "Reimbursement Contract," relating to the 2015-2016 FHCF Contract Year.

 

HTMLComments Due on Draft International Association of Insurance Supervisors' (IAIS) Procedures by September 2, 2014
Colodny Fass Talenfeld Karlinsky Abate Webb P.A.;
Legal Alert/Article
August 21, 2014, previously published on August 12, 2014
Public comments are due by September 2, 2014 on the International Association of Insurance Supervisors' ("IAIS") "Draft Procedures on Meeting Participation and the Development of Supervisory and Supporting Material and Draft Policy for Consultation of Stakeholders" document,...

 

HTMLFlorida Hurricane Catastrophe Fund Offers Tips on Avoiding WIRE System Validation Errors in Advance of September 2 Data Call Deadline
Colodny Fass Talenfeld Karlinsky Abate Webb P.A.;
Legal Alert/Article
August 21, 2014, previously published on August 12, 2014
Based on insurer responses received in advance of the 2014 Florida Hurricane Catastrophe Fund ("FHCF") Data Call deadline on September 2, 2014, the FHCF has noted several common electronic submission errors that are causing files to fail validation in its new WIRE (Web Insurer Reporting...

 

HTMLFlorida Workers' Compensation Law Declared Unconstitutional
Colodny Fass Talenfeld Karlinsky Abate Webb P.A.;
Legal Alert/Article
August 21, 2014, previously published on August 14, 2014
In an order issued yesterday, August 13, 2014, Miami Circuit Court Jorge E. Cueto concluded that Florida's workers' compensation law is facially unconstitutional, as long as it contains section 440.11, F.S. as an exclusive replacement remedy.

 


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