News & Updates

Affordable Care Act

2016 Brought Its Share of Novel Issues

2016 Brought Its Share of Novel Issues

As 2016 winds to a close, we can look back and see the impact this year’s events had on the Florida insurance market.  In the property and casualty sector, we saw two hurricanes affect Florida after a decade without hurricanes.  Fortunately, Hurricane Hermine remained a relatively small storm, and Hurricane Matthew stayed just offshore enough […]

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DFS Discusses Navigator Registration

DFS Discusses Navigator Registration

The Florida Department of Financial Services has published a compliance reminder relating to the registration of navigators.  The following identifies the guidance recently published by DFS. What is a navigator? “Navigator” means an individual authorized by the Federally-Facilitated Exchange (Exchange), also known as the Marketplace to serve as a navigator, or who works on behalf […]

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DFS Reminds Agencies of Prohibition Against Misleading Names

DFS Reminds Agencies of Prohibition Against Misleading Names

The Department of Financial Services has reminded agencies of the statutory prohibition against misleading names.  Section 626.602, Florida Statutes, allows DFS to disapprove an agency’s name if the name may mislead the public or if the name implies the agency is an insurer, state or federal agency, charitable organization, or an entity that provides advice and […]

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DFS Sees Increase in Questionable Agency Names After ACA

DFS Sees Increase in Questionable Agency Names After ACA

The Florida Department of Financial Services (DFS) recently advised in its Insurance Insights publication that it has seen an increase in the number of potentially misleading agency names following the enactment of the Affordable Care Act.  Under Florida law, an agency cannot have a name that would be potentially misleading or deceptive.  For example, agency […]

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Property Issues Not Prominent This Year

Property Issues Not Prominent This Year

Property insurance issues have dominated the legislative session in nearly every year since Hurricane Andrew.  If property insurance was not the most prevalent issue in a given session, it certainly ranked in the top five topics being considered.  Over the last twenty years, the legislature has established the Florida Hurricane Catastrophe Fund, merged the former […]

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