Radey is an AV-rated firm consisting of lawyers who practice before state agencies and in all state and federal courts.
The so-called “right-sizing” proposal of the Florida Hurricane Catastrophe Fund (FHCF) is on the agenda of the Senate Budget Subcommittee on General Government Appropriations today. This proposal would increase the FHCF’s retention over time, and reduce the amount of coverage it makes available to residential property insurers. I have written about this proposal, known in […]
The Florida House of Representatives has advanced HB 1127 by a vote of 89-25, sending it to the Senate for consideration. This is the bill that would decrease the reliance of Citizens Property Insurance Corporation on regular assessments, shifting instead to more of an emergency assessment-based approach. This is a rare bill in which Citizens, […]
Citizens Property Insurance Corporation recently sent a survey to companies authorized to write property insurance in Florida seeking their input regarding impediments to depopulation. Citizens’ policy count has increased dramatically in recent months, and interest in so-called take-out has been limited. The reconstituted depopulation committee of Citizens met last week to consider the results. The […]
The Florida House of Representatives has passed a bill (HB 4169) that would repeal Florida’s excess profits law for workers’ compensation insurance. The Senate should consider this favorable proposal, but unfortunately no companion bill exists. The excess profits law requires workers’ compensation insurers to refund their “excess” profits earned over a three-year period if they […]
A proposal to reduce the size of the Florida Hurricane Catastrophe Fund (FHCF) remains under consideration in the Florida Senate in the form of SB 1372. A similar proposal exists in the House of Representatives but has not advanced thus far in the 2012 legislative session. This proposal, which has been termed the FHCF “right-sizing” […]
Last night I read an article published by News Service of Florida, whose timely articles and analysis I always enjoy. I mostly pay attention to their articles on insurance-related issues, legislative events, Florida politics and similar issues relating to being a member of a capital-based law firm serving regulated industries. However, this article caught my […]
I recently recorded a podcast in the latest episode of A.M. Best’s Insurance Law Podcast, a series that examines timely and important legal issues affecting the insurance industry from an attorney’s point of view. In this episode, I discussed the pending proposal by the Florida Hurricane Catastrophe Fund to shrink its size and increase its costs over a […]
Karen Asher-Cohen, Travis Miller, and David Yon recently made a presentation on the latest trends in Florida at the AON Benfield Analytics Insights Conference in New Orleans. Their panel discussion was titled “Florida Insurance Uncovered” and they provided participants with an in-depth look at the regulatory and legal changes created by the insurance bills passed […]
Radey Thomas Yon & Clark, P.A. today announced that Florida Trend magazine ranked it among the Top 100 Best Companies to Work for in Florida. Florida Trend annually ranks the “Best Companies to Work for in Florida,” and its August issue lists the 2011 winners. The firm is one of only four Tallahassee companies to […]
Radey Thomas Yon & Clark, P.A. today announced that Florida Trend magazine ranked it among the Top 100 Best Companies to Work for in Florida. Florida Trend annually ranks the “Best Companies to Work for in Florida,” and its August issue lists the 2011 winners. The firm is one of only four Tallahassee companies to […]
