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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.

 

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...

 

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

 

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.

 

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.

 

HTMLEU-US Insurance Project Proposes Initial Steps on Reinsurance Collateral Covered Agreement by Year-End 2014
Colodny Fass Talenfeld Karlinsky Abate Webb P.A.;
Legal Alert/Article
August 21, 2014, previously published on August 14, 2014
Amid mounting assertions by United States ("US") lawmakers and regulators that individual states should participate directly in the debate on international insurance regulatory standards and convergence, the EU-US Insurance Project has proposed that initial steps should be taken toward...

 

HTMLMaryland Federal District Court Grants Defendant-Physician’s Partial Motion for Summary Judgment in Declaratory Action Involving Insurance Coverage Dispute
Jhanelle A. Graham; Semmes, Bowen & Semmes A Professional Corporation;
Legal Alert/Article
August 19, 2014, previously published on August 2014
In Catlin Specialty Insurance Co. v. Barry I. Aron, M.D., the Maryland District Court was asked to decide a medical malpractice insurance coverage dispute involving Defendant, Dr. Barry I. Aron (“Dr. Aron”) an obstetrician/gynecologist who had purchased an insurance policy from...

 

HTMLAllocation of Underlying Settlement and UM Coverage Set-Off
Carlock Copeland Stair LLP;
Legal Alert/Article
August 19, 2014, previously published on August 11, 2014
Long standing Georgia law requires a claimant to exhaust the tortfeasor’s underlying liability insurance limits before looking to uninsured motorist insurance for coverage. Daniels v. Johnson, 270 Ga. 289, 290 (1998). Additionally, Georgia public policy prohibits the recovery of punitive...

 

HTMLDefective Construction Claims: Are They Covered Under the CGL Policy or Not?
Kohrman Jackson Krantz PLL;
Legal Alert/Article
August 19, 2014, previously published on August 18, 2014
One area that is often argued are claims for defective construction under builders' commercial general liability insurance policies. This is an issue that equally affects a builder, a damaged party and the insurer, and how that issue is decided may depend on which state's law will control.

 


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