Radey is an AV-rated firm consisting of lawyers who practice before state agencies and in all state and federal courts.
The Florida Department of Financial Services (DFS) took the opportunity in its recent Insurance Insights newsletter to remind agents of the diligent effort requirement in the Surplus Lines Law. DFS points out that one of the stated purposes of the Surplus Lines Law is to protect authorized insurers from unwarranted competition by unauthorized insurers who are […]
The House Insurance Committee is scheduled to hear several insurance bills in a meeting today: HB 53 would apportion part of the Florida Hurricane Catastrophe Fund’s investment income to the Florida Catastrophic Storm Risk Management Center associated with Florida State University. HB 119 would amend the definition of assets at Section 625.012, Florida Statutes, to […]
A bill passed in the 2010 legislative session relating to recouping Florida Insurance Guaranty Association assessments will become law effective July 1, 2010. The new law (Chapter Law 2010-49) streamlines the process by which insurers may recoup assessments levied by FIGA. An insurer seeking to recoup an assessment will make an informational filing with the […]
