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HTMLCBS News' 60 Minutes to Feature Florida Chief Financial Officer Jeff Atwater and Insurance Commissioner Kevin McCarty this Sunday
Colodny Fass P.A.;
Legal Alert/Article
April 27, 2016, previously published on April 15, 2016
Florida's Chief Financial Officer Jeff Atwater and Insurance Commissioner Kevin McCarty will be featured during an episode of CBS News' feature television program 60 Minutes this Sunday, April 17, 2016.

 

HTMLEnacted Today, HB 931 Mandates Revisions to Florida's Citizens Property Insurance Takeout Program by January 1, 2017
Colodny Fass P.A.;
Legal Alert/Article
April 27, 2016, previously published on April 14, 2016
Signed by Governor Rick Scott today, April 14, 2016, HB 931 will make several changes to law relating to Florida's Citizens Property Insurance Corporation ("Citizens") effective July 1, 2016.

 

HTMLFlorida Withdraws from NIMA Effective June 1, 2016
Jennifer C. Erdelyi; Colodny Fass, P.A.;
Legal Alert/Article
April 27, 2016, previously published on April 14, 2016
The Florida Surplus Lines Service Office ("FSLSO") issued Bulletin 2016-03 today, April 14, 2016, stating that Florida has withdrawn from the Nonadmitted Insurance Multi-State Agreement ("NIMA") effective June 1, 2016.

 

HTMLFourth Circuit Holds Insurance Fraud Investigators are Not Exempt from Overtime Pay, Creating Circuit Split
William Robert Gignilliat, Chris Lauderdale; Jackson Lewis P.C.;
Legal Alert/Article
April 15, 2016, previously published on April 5, 2016
Disagreeing with a sister circuit, the U.S. Court of Appeals for the Fourth Circuit has held that insurance fraud investigators were misclassified as exempt from overtime pay under the administrative exemption of the Fair Labor Standards Act, signaling that it will construe the exemption narrowly....

 

HTMLFlorida Cabinet Extends Insurance Commissioner Application Time
Colodny Fass P.A.;
Legal Alert/Article
April 14, 2016, previously published on March 29, 2016
The process to select a new Florida Insurance Commissioner was extended for approximately one month after debate at the Florida Cabinet meeting today, March 29, 2016.

 

HTMLAutomakers Reach out to Auto Insurers on Recalls
Sutherland Asbill Brennan LLP;
Legal Alert/Article
April 14, 2016, previously published on April 13, 2016
Two associations representing the largest automakers in the world have asked the auto insurance industry to assist them by reminding insureds of recalls when they renew their policies. The Alliance of Automobile Manufacturers and the Association of Global Automakers made their request in letters to...

 

HTMLPitfalls In Cyberinsurance Coverage - Not Your Grandfather’s Auto-Insurance Policy
Carl "Chuck" N. Kunz; Morris James LLP;
Legal Alert/Article
April 5, 2016, previously published on January 27, 2016
In the current maelstrom of data breaches, Federal Trade Commission enforcement actions and calls to secure data, insurance carriers are pushing out more and more cybersecurity products each year. Unfortunately for the buyer, while there are many cyberinsurance products and services, there is...

 

HTMLCalifornia Proposes Anti-Steering Regulation Focusing on Deceptive Statements
Sutherland Asbill Brennan LLP;
Legal Alert/Article
April 1, 2016, previously published on March 30, 2016
Through a recently proposed regulation, the California Department of Insurance seeks to amend the rules preventing insurers from steering claimants to specific auto repair shops. The proposed amendments relate to a variety of issues, such as when a claimant has “chosen” an automotive...

 

HTMLFlorida Supreme Court Rules that in a UM Case the Insurer is Bound by the Damages Found in the UM Case and that Trial Court may Reserve Jurisdiction in Judgment to Allow Plaintiff to Amend to Add Bad Faith Claim
Conroy Simberg;
Legal Alert/Article
March 30, 2016, previously published on February 26, 2016
On February 25, 2016, in the case of Fridman v. Safeco Ins. Co. of Illinois, Case No. SC13-1607, the Florida Supreme Court issued a very significant ruling concerning the timing and procedure for bad faith claims inninsured/underinsured motorist (UM) cases. At issue in the case was whether the...

 

HTMLMichigan: Federal Law May Pre-empt Health Insurance Claims Assessment Act After All
Chad Arfons, David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
March 24, 2016, previously published on March 17, 2016
In June of 2011, Governor Snyder signed the Health Insurance Claims Assessment Act (Act), which imposed a one percent assessment on health-related services performed in Michigan and paid by employer sponsored health plans and other third-party carriers. The law went into effect on January 1, 2012....

 


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