Please Join Us for a Locke Lord Webinar – Dissecting the Amendments to Florida’s Viatical Settlement Act – December 20
You are invited to a Complimentary Webinar for Clients and Friends of Locke Lord LLP
Read Moreby Brian Casey and Thomas Sherman | Dec 8, 2017 | Florida Developments, Regulatory | United States
You are invited to a Complimentary Webinar for Clients and Friends of Locke Lord LLP
Read MoreDec 4, 2017 | Florida Developments, Texas Developments | United States
The 2017 United States Atlantic hurricane season, which officially ended on November 30, was the most expensive ever according to one report. Disaster modelers Chuck Watson and Mark Johnson concluded that total damages for the season, which included Hurricanes Harvey, Irma and Maria, topped $202 billion.
Read Moreby Thomas Sherman | Oct 13, 2017 | Florida Developments, Life Insurance & Annuities, Regulatory, State Legislative Developments | United States
The Florida Supreme Court Pruco advisory opinion, Wells Fargo Bank, N.A. v. Pruco Life Ins. Co., 200 So. 3d at 1203 & 1206-07, to the United States Eleventh Circuit Court of Appeals held that an insurer may not challenge the...
Read Moreby Thomas Sherman | Oct 12, 2017 | Florida Developments, Life Insurance & Annuities, Regulatory, State Legislative Developments | United States
Florida has recently adopted amendments to its Viatical Settlement Act. One of the new provisions, Section 626.99292 Notice to life insurance policyholders, provides: “(1) A life insurer shall provide an individual life...
Read Moreby Thomas Sherman | Oct 12, 2017 | Florida Developments, Life Insurance & Annuities, Regulatory, State Legislative Developments | United States
Florida has recently adopted amendments to its Viatical Settlement Act. One of the new provisions, Section 626.99287 Contestability of viaticated policies, provides as follows: (2) Except as hereinafter provided [certain life...
Read Moreby Thomas Sherman | Oct 12, 2017 | Florida Developments, Life Insurance & Annuities, Regulatory, State Legislative Developments | United States
Florida has recently adopted amendments to its Viatical Settlement Act. One of the new provisions, Section 626.9911 (9), defines a prohibited stranger-originated life insurance practice as: (9) “Stranger-originated life...
Read Moreby Matthew Murphy | Sep 18, 2017 | Florida Developments, Texas Developments | United States
Some estimates peg the number of cars flooded by Hurricane Harvey at more than a half million. So too, the number of flooded cars following Irma will be legion.
Read Moreby Tom Bohac | Sep 14, 2017 | Florida Developments | United States
On Tuesday, September 12th, Florida Governor Rick Scott directed Insurance Commissioner David Altmaier to “freeze any and all efforts” to increase property insurance rates.
Read Moreby Tom Bohac | Sep 11, 2017 | Florida Developments, Texas Developments | United States
On Friday, September 7th, the Senate passed a bill increasing the disaster aid within the National Flood Insurance Program (the “NFIP”) to $15 billion.
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