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Property Insurance State and Local Government

ArentFox Schiff

Mega-Trends Impacting Municipal Market

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We are at the initial stages of a major paradigm shift that has significant implications for the municipal market over the next five to 10 years. A number of societal mega-trends will present material challenges for the...more

McGuireWoods Consulting

Florida Organization Session & Issues to Expect for 2023

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On November 22, 2022, 160 Florida lawmakers, many elected to the legislature for the first time, gathered in Tallahassee to be sworn in. During this constitutionally required “organization session,” the two chambers also...more

Shumaker, Loop & Kendrick, LLP

Client Alert: Special Session 2022D - Condominium Safety Update

As Florida Legislators conclude their third Special Session of the year, new laws regarding two paramount issues in the state of Florida—property insurance and condominium safety—are set to be forwarded to the governor for...more

Carlton Fields

New Legislation From Florida Special Session on Property Insurance Reform

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The Florida Legislature wrapped up its special session on property insurance reform yesterday, overwhelmingly passing legislation to reform the property insurance market and unanimously passing reforms to enhance the safety...more

McGuireWoods Consulting

Florida Lawmakers to Reconvene May 23 to Address Property Insurance Crisis

On Tuesday, April 26, 2022, Gov. Ron DeSantis issued a call for a special session of the legislature and announced the dates for the upcoming special session. Lawmakers will reconvene in Tallahassee May 23-27, to address...more

McGuireWoods Consulting

Florida Special Session Part 2: Property Insurance, Special Districts, and Data Privacy

On April 19, 2022, lawmakers gaveled in for Florida’s special session on Congressional redistricting, and the day prior Gov. Ron DeSantis announced that he will issue a proclamation later this week to convene a second special...more

Shumaker, Loop & Kendrick, LLP

Shumaker Advisors 2022 Florida Legislative Session Weekly Newsletter, Week Six

The sixth week of Florida’s 2022 Legislative Session concluded today in Tallahassee. There are now three weeks remaining in this year’s session, during which time legislators are set to tackle budget negotiations and debate...more

Bressler, Amery & Ross, P.C.

SB76: Florida’s Attempt to Reduce Insurance Litigation and Attract Insurance Carriers

Introduction: On July 1, 2021, Florida’s Senate Bill 76 (“SB76”), which modified several provisions that impact Florida’s property insurance litigation, went into effect. This bill was Florida’s latest attempt to stabilize...more

Chartwell Law

Florida Senate Bill 76 Signed Into Law

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On April 30, 2021, the Florida legislature passed SB 76, which includes important provisions that will impact Florida property insurance claims handling and litigation. Governor Ron DeSantis signed the bill into law on June...more

Locke Lord LLP

New Jersey Considering Legislation That Would Authorize Insurers to Provide Policy Riders Covering Global Virus Transmission or...

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The New Jersey Assembly is currently considering legislation that would authorize property insurers offering coverage for loss of use and occupancy and business interruption to provide their insureds a rider covering global...more

UB Greensfelder LLP

The Northern District of Ohio Provides More Clarity On COVID-19 Related Business Interruption Claims

UB Greensfelder LLP on

Two more federal court judges in the Northern District of Ohio have weighed in on whether insurance carriers in the cases pending before them must cover claims for damages caused by the COVID19 pandemic. In both cases, the...more

Shutts & Bowen LLP

How Big Changes Coming to Flood Insurance Will Affect Commercial Property in Florida

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The Federal Emergency Management Agency (FEMA) administers the National Flood Insurance Program (NFIP). The NFIP offers insurance coverage for physical losses to buildings and/or contents caused by a flood. Over the years,...more

McDermott Will & Emery

California Moratorium on Cancellation and Nonrenewal Due to Wildfire

McDermott Will & Emery on

On Thursday, November 5, the California Department of Insurance (CDI) issued the long-awaited Bulletin 2020-11, implementing the 2020 wildfire season’s targeted moratorium on cancellations and nonrenewals based on wildfire...more

Locke Lord LLP

COVID-19 Daily Insurance Regulatory Updates To Keep You Informed During The Lockdown (August 2020 #9)

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In conjunction with the Locke Lord COVID-19 task force, we are reviewing, analyzing, and compiling regulatory updates to provide clients easy access to information during this unprecedented time. If you have any questions on...more

Locke Lord LLP

COVID-19 Daily Insurance Regulatory Updates To Keep You Informed During The Lockdown (July 2020 #18)

Locke Lord LLP on

In conjunction with the Locke Lord COVID-19 task force, we are reviewing, analyzing, and compiling regulatory updates to provide clients easy access to information during this unprecedented time. If you have any questions on...more

Locke Lord LLP

COVID-19 Daily Insurance Regulatory Updates To Keep You Informed During The Lockdown (May 27, 2020)

Locke Lord LLP on

In conjunction with the Locke Lord COVID-19 task force, we are reviewing, analyzing, and compiling regulatory updates to provide clients easy access to information during this unprecedented time. If you have any questions on...more

Faegre Drinker Biddle & Reath LLP

State Insurance Departments Issue Guidance to Life and P&C Insurers Concerning COVID-19 (Updated #2)

State insurance departments across the country are continuing to provide guidance in response to the coronavirus outbreak. Faegre Drinker has aggregated a list of current guidance from state departments of insurance...more

Seyfarth Shaw LLP

More States Seek to Expand Business Interruption Coverage to Include COVID-19-Related Losses

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This week, legislators in Ohio and Massachusetts introduced bills to expand retroactively commercial property insurance policies to include business losses suffered from COVID-19....more

Carlton Fields

Florida Bad Faith Legislation

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The Florida Senate is considering legislation designed to reduce insurance companies’ exposure to bad faith claims. Florida Senate Bill 1334, introduced by Sen. Jeff Brandes (R), requires policyholders to present their...more

Rumberger | Kirk

Insurers Take Note: Florida's New Assignment of Benefits Law

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The Florida Legislature passed House Bill 7065 (“HB 7065” or the “Act”), which takes effect today, July 1, 2019, as Section 627.7152, Florida Statutes. The Act regulates post-loss assignment of benefits (“AOB”) contracts...more

Robinson+Cole Property Insurance Coverage...

New Statutory Framework Confronts Florida’s AOB Crisis

A new law represents a major step forward to remedy Florida’s assignment of benefits (“AOB”) crisis, which Florida Governor Ron DeSantis has described as a “racket” in recent years....more

Locke Lord LLP

Texas Department of Insurance Announces New Legislative Priorities

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The Texas Department of Insurance (“TDI”) has released its 2018 Biennial Report to the 86th Texas Legislature. Every two years and pursuant to Texas Insurance Code section 32.022, TDI releases a report on insurance areas...more

Locke Lord LLP

Florida Governor Scott Orders Freeze on Property and Casualty Rate Increases

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On Tuesday, September 12th, Florida Governor Rick Scott directed Insurance Commissioner David Altmaier to “freeze any and all efforts” to increase property insurance rates. In addition, Governor Scott stated that...more

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