Original source: https://www.myfloridacfo.com/sitePages/newsroom/pressRelease.aspx?id=5383
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Florida Department of Financial Services (09/16/19)
Florida Chief Financial Officer (CFO) Jimmy Patronis joined Governor Ron DeSantis from Jacksonville to announce several important initiatives which promote financial technology (“FinTech”) companies to start, relocate, and enlarge in Florida. Patronis said,”It was a honor to stay with Governor Ron DeSantis to a significant statement today. I guarantee allow for companies to grow and prosper here in Florida and we will always work to secure our customers. By ensuring common-sense regulations are set in place to ensure that a stable market that protects consumers, we are doing just that with FinTech within our state.”… Read More
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Original source: https://www.myfloridacfo.com/sitePages/newsroom/pressRelease.aspx?id=5383
We search the internet each day to make you to realize to the idea of having a Property Damage Adjustment Consultant there to assist you. Read this story we located.
Florida Department of Financial Services (09/16/19)
Florida Chief Financial Officer (CFO) Jimmy Patronis joined Governor Ron DeSantis from Jacksonville to announce several important initiatives which promote financial technology (“FinTech”) companies to start, relocate, and enlarge in Florida. Patronis said,”It was a honor to stay with Governor Ron DeSantis to a significant statement today. I guarantee allow for companies to grow and prosper here in Florida and we will always work to secure our customers. By ensuring common-sense regulations are set in place to ensure that a stable market that protects consumers, we are doing just that with FinTech within our state.”… Read More
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Original source: http://feeds.lexblog.com/~r/propertyinsurancecoveragelaw/YZft/~3/L-5MtBKm7_E/
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It can be hard after a fire for an insured to remember with 100% certainty that which private property they had in their residence. Most probably, purchase documents and receipts also have been ruined. In preparing quotes as such, public adjusters and/or evidence of reduction are left to rely on the insured’s memory.
. 
… Read More
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Original source: http://feeds.lexblog.com/~r/propertyinsurancecoveragelaw/YZft/~3/L-5MtBKm7_E/
All of the time we search the world wide web everyday to make you to realize to the idea of getting a Property Damage Adjustment Consultant in your corner. Take a few seconds to read this article we ran across.
It can be hard after a fire for an insured to remember with 100% certainty that which private property they had in their residence. Most probably, purchase documents and receipts also have been ruined. In preparing quotes as such, public adjusters and/or evidence of reduction are left to rely on the insured’s memory.
.
… Read More
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Original source: http://news.ambest.com/newscontent.aspx?altsrc=23&refnum=220181
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BestWire (09/13/19) Darragh, Timothy
New Jersey Gov. Phil Murphy signed an order that Department of Banking and Insurance and other state departments promote responsible gun security practices for gun sellers and financial institutions and also to take actions against insurance policies which promote improper firearm usage. Banking and Insurance Commissioner Marlene Caride has 30 days to”take appropriate action within her jurisdiction to prohibit or confine the sale, procurement, marketing, or supply of insurance products that may serve to encourage the improper use of guns.” Caride pointed from Lockton Affinity to some current fine with $ 1 million to settle allegations that it permitted the National Rifle Association to advertise right for the Carry Guard insurance program from the state. “We’re continuing to explore additional firearm-related insurance plans for possible violations of state insurance coverage,” Caride says. The department did not say what measures could be. Associated Story: PropertyCasualty360 (registration)… Read More
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Original source: http://news.ambest.com/newscontent.aspx?altsrc=23&refnum=220181
All of the time we access the world wide web nonstop to help you to realize to the need of having a Public Adjuster on your team. Look at this story we located.
BestWire (09/13/19) Darragh, Timothy
New Jersey Gov. Phil Murphy signed an order that Department of Banking and Insurance and other state departments promote responsible gun security practices for gun sellers and financial institutions and also to take actions against insurance policies which promote improper firearm usage. Banking and Insurance Commissioner Marlene Caride has 30 days to”take appropriate action within her jurisdiction to prohibit or confine the sale, procurement, marketing, or supply of insurance products that may serve to encourage the improper use of guns.” Caride pointed from Lockton Affinity to some current fine with $ 1 million to settle allegations that it permitted the National Rifle Association to advertise right for the Carry Guard insurance program from the state. “We’re continuing to explore additional firearm-related insurance plans for possible violations of state insurance coverage,” Caride says. The department did not say what measures could be. Associated Story: PropertyCasualty360 (registration)… Read More
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Original source: https://www.insurancebusinessmag.com/us/news/breaking-news/az-insurance-regulator-warns-of-phishing-scam-targeting-insurance-professionals-177977.aspx
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Insurance Business America (09/16/19) Adriano, Lyle
Arizona’s Department of Insurance (AZDOI) issued an email to all carriers operating in the nation to warn them of an continuing phishing scam. It says that email messages falsely claiming to be in the National Association of Insurance Commissioners (NAIC) are being sent to insurance professionals, even claiming that the NAIC has received a complaint against the professional for submitting a claim. The email includes a link but also the link downloads a trojan virus clicked. Since it displays the CIPR and NAIC logos the email may seem official, but it is a scam. AZDOI noted the virus has been identified as Lime RAT, also a remote access trojan that may be utilised to perform malicious activities on the affected computer, like installing ransomware. The department claims that the email originally targeted insurance manufacturers but has spread to Illinois, Minnesota, and Washington. All insurance manufacturers – even those should be wary of suspicious emails…. Read More
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Original source: https://www.insurancebusinessmag.com/us/news/breaking-news/az-insurance-regulator-warns-of-phishing-scam-targeting-insurance-professionals-177977.aspx
We browse the web nonstop to help you to realize to the importance of getting a Property Damage Adjustment Consultant in your corner. Look at this web post we located.
Insurance Business America (09/16/19) Adriano, Lyle
Arizona’s Department of Insurance (AZDOI) issued an email to all carriers operating in the nation to warn them of an continuing phishing scam. It says that email messages falsely claiming to be in the National Association of Insurance Commissioners (NAIC) are being sent to insurance professionals, even claiming that the NAIC has received a complaint against the professional for submitting a claim. The email includes a link but also the link downloads a trojan virus clicked. Since it displays the CIPR and NAIC logos the email may seem official, but it is a scam. AZDOI noted the virus has been identified as Lime RAT, also a remote access trojan that may be utilised to perform malicious activities on the affected computer, like installing ransomware. The department claims that the email originally targeted insurance manufacturers but has spread to Illinois, Minnesota, and Washington. All insurance manufacturers – even those should be wary of suspicious emails…. Read More
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Original source: https://www.insurancejournal.com/news/southcentral/2019/09/16/540084.htm
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Insurance Journal (09/16/19)
The Texas Department of Insurance has issued a bulletin providing advice on House Bill 259 that prohibits insurance from delivering, issuing for delivery, or exceeding named motorist policies or after Jan. 1, 2020. The prohibition found in HB 259 does not apply to operators’ policies, as defined in Texas Transportation Code Section 601.077, TDI. Under the new law, an insurer will continue to write and renew named driver policies that comply with all current laws and rules as late as Dec. 31, 2019. After Jan. 1, 2020, insurance companies may not send named driver policyholders a renewal because under HB 259 named driver policies might not be renewed on or after January 1, 2020. A policy can be offered by insurers . Insurers need to issue new offers has to be for a policy type that were registered with and approved by TDI. The insurance company must have speeds on file for your policy…. Read More
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Original source: https://www.insurancejournal.com/news/southcentral/2019/09/16/540084.htm
Our intent is to browse the internet everyday to make you to realize to the idea of having a Public Adjuster there to assist you. Take a minute to read this story we ran across.
Insurance Journal (09/16/19)
The Texas Department of Insurance has issued a bulletin providing advice on House Bill 259 that prohibits insurance from delivering, issuing for delivery, or exceeding named motorist policies or after Jan. 1, 2020. The prohibition found in HB 259 does not apply to operators’ policies, as defined in Texas Transportation Code Section 601.077, TDI. Under the new law, an insurer will continue to write and renew named driver policies that comply with all current laws and rules as late as Dec. 31, 2019. After Jan. 1, 2020, insurance companies may not send named driver policyholders a renewal because under HB 259 named driver policies might not be renewed on or after January 1, 2020. A policy can be offered by insurers . Insurers need to issue new offers has to be for a policy type that were registered with and approved by TDI. The insurance company must have speeds on file for your policy…. Read More
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Original source: https://www.law.com/legaltechnews/2019/09/16/gdpr-and-ccpa-are-just-the-beginning-for-the-middle-market/
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Law.com (09/16/19) Schuler, Karen A.
Soon following the European Union’s General Data Protection Legislation (GDPR) has been implemented, the California Consumer Privacy Act of 2018 (CCPA) was ratified, and it’s provisions comparable to but not equal to this GDPR. The CCPA’s authorities has been deferred to July 1, 2020. Since the CCPA’s enactment, all 50 states amended their data breach notification laws or have introduced their own information privacy legislation. South Carolina was the first country to adopt breach telling and cybersecurity requirements depending on the National Association of Insurance Commissioners Model Law, related to most insurance companies and entities that are authorized authorized to operate under the state’s insurance legislation. Vermont’s new law, effective as of February 2019, is important to businesses from the”information broker” industry and requires minimum security criteria, annual enrollment and a host of different obligations. Related Stories: JDSupra; Bloomberg Law… Read More
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Original source: https://www.law.com/legaltechnews/2019/09/16/gdpr-and-ccpa-are-just-the-beginning-for-the-middle-market/
I access the world wide web nonstop to guide you to understand to the betterment of getting a Public Adjuster in your corner. Take a few seconds to read this web post we located.
Law.com (09/16/19) Schuler, Karen A.
Soon following the European Union’s General Data Protection Legislation (GDPR) has been implemented, the California Consumer Privacy Act of 2018 (CCPA) was ratified, and it’s provisions comparable to but not equal to this GDPR. The CCPA’s authorities has been deferred to July 1, 2020. Since the CCPA’s enactment, all 50 states amended their data breach notification laws or have introduced their own information privacy legislation. South Carolina was the first country to adopt breach telling and cybersecurity requirements depending on the National Association of Insurance Commissioners Model Law, related to most insurance companies and entities that are authorized authorized to operate under the state’s insurance legislation. Vermont’s new law, effective as of February 2019, is important to businesses from the”information broker” industry and requires minimum security criteria, annual enrollment and a host of different obligations. Related Stories: JDSupra; Bloomberg Law… Read More
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Original source: https://miami.cbslocal.com/2019/09/16/florida-bill-targets-windshield-repair-incentives/
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CBS Miami (09/16/19)
Florida state Rep. Richard Stark (D) has proposed laws to stop auto-glass stores in the country from offering cash, gift cards, along with other incentives to motorists to entice windshield-repair work. The bill could spur renewed debate regarding the insurance policy practice called assignment of benefits (AOB), under which policyholders sign over claims to builders who subsequently pursue payment from insurers. Lawmakers placed restrictions on AOB for limitations that were debated and statements for windshield asserts. Florida CFO Jimmy Patronis states he will chase the windshield issue through the 2020 legislative session, which starts Jan. 14, 2020. Insurance businesses say fraud and litigation undermines the AOB procedure, while builders say it helps guarantee that claims are paid properly. Supporters of this bill say although opponents say the bill could harm small windshield-repair businesses that compete against larger corporations that have arrangements with insurers unnecessary windshield promises could lead to higher premiums for motorists…. Read More
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Original source: https://miami.cbslocal.com/2019/09/16/florida-bill-targets-windshield-repair-incentives/
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CBS Miami (09/16/19)
Florida state Rep. Richard Stark (D) has proposed laws to stop auto-glass stores in the country from offering cash, gift cards, along with other incentives to motorists to entice windshield-repair work. The bill could spur renewed debate regarding the insurance policy practice called assignment of benefits (AOB), under which policyholders sign over claims to builders who subsequently pursue payment from insurers. Lawmakers placed restrictions on AOB for limitations that were debated and statements for windshield asserts. Florida CFO Jimmy Patronis states he will chase the windshield issue through the 2020 legislative session, which starts Jan. 14, 2020. Insurance businesses say fraud and litigation undermines the AOB procedure, while builders say it helps guarantee that claims are paid properly. Supporters of this bill say although opponents say the bill could harm small windshield-repair businesses that compete against larger corporations that have arrangements with insurers unnecessary windshield promises could lead to higher premiums for motorists…. Read More
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Original source: https://www.readingeagle.com/business-weekly/article/insurers-face-hurdles-serving-cannabis-clients
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Reading Eagle (PA) (09/16/19) McGaw, Jeff
Some 300 million acres of farmland were protected nationwide through the Federal Crop Insurance Program in 2018, including 1.2 million acres in Pennsylvania, based on information released by the Federal Crop Insurance Program. A farmer in California had a crop insurance policy which provided $1 million for his greenhouse bud crop after the 2017 Thomas fire in coverage. The National Association of Insurance Commissioners (NAIC) shaped a Cannabis Insurance Working Group to determine insurance issues, gaps, and opportunities confronting the cannabis business and to identify best regulatory practices to deal with those difficulties. “Even where coverage is available, the underwriting criteria may be quite so strict as to prevent businesses from actually obtaining the insurance,” says a spokesperson for the Pennsylvania Department of Insurance. “In the NAIC conference in San Francisco, we took testimony about this particular matter and one thing that pops out is that insurance companies who are willing to insure the cannabis industry place requirements on insureds they would not place on another organization.”… Read More
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Original source: https://www.readingeagle.com/business-weekly/article/insurers-face-hurdles-serving-cannabis-clients
Our intent is to browse the net effortlessly to reach out to you to understand to the importance of keeping a Property Damage Adjustment Consultant in your corner. Read this article we ran across.
Reading Eagle (PA) (09/16/19) McGaw, Jeff
Some 300 million acres of farmland were protected nationwide through the Federal Crop Insurance Program in 2018, including 1.2 million acres in Pennsylvania, based on information released by the Federal Crop Insurance Program. A farmer in California had a crop insurance policy which provided $1 million for his greenhouse bud crop after the 2017 Thomas fire in coverage. The National Association of Insurance Commissioners (NAIC) shaped a Cannabis Insurance Working Group to determine insurance issues, gaps, and opportunities confronting the cannabis business and to identify best regulatory practices to deal with those difficulties. “Even where coverage is available, the underwriting criteria may be quite so strict as to prevent businesses from actually obtaining the insurance,” says a spokesperson for the Pennsylvania Department of Insurance. “In the NAIC conference in San Francisco, we took testimony about this particular matter and one thing that pops out is that insurance companies who are willing to insure the cannabis industry place requirements on insureds they would not place on another organization.”… Read More
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Original source: https://www.wsj.com/articles/no-one-can-agree-on-how-to-price-california-home-insurance-for-wildfires-11568649298
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Wall Street Journal (09/16/19) Friedman, Nicole
Insurers have long used algorithmic models to forecast catastrophe losses, but now homeowners, carriers, and labs disagree about how those versions should be implemented in assessing California’s wildfire risk. Since wildfires become damaging and expensive across the country, insurers wish to utilize disaster models to establish prices, but some customers say those versions are opaque and fail to satisfactorily capture wildfire threat. With homeowners paying significantly more for insurance or having problems finding coverage, the usage of these models has become a hot button issue. California wildfires cost insurers more than $24 billion in 2018 and 2017. But models may reach various decisions about the danger facing a property or publication of business, state critics. “Any model that is used at a rate filing would have to be assessed through a public process,” states Joel Laucher, particular adviser for the California Department of Insurance. The state’s insurance regulators are”balancing the risk that insurers will nonrenew customers against the risk that consumers will soon be requested to pay more than they could afford,” he states…. Read More
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Original source: https://www.wsj.com/articles/no-one-can-agree-on-how-to-price-california-home-insurance-for-wildfires-11568649298
We search the net each day to help you to understand to the betterment of having a Public Adjuster on your side. Read this story we just found.
Wall Street Journal (09/16/19) Friedman, Nicole
Insurers have long used algorithmic models to forecast catastrophe losses, but now homeowners, carriers, and labs disagree about how those versions should be implemented in assessing California’s wildfire risk. Since wildfires become damaging and expensive across the country, insurers wish to utilize disaster models to establish prices, but some customers say those versions are opaque and fail to satisfactorily capture wildfire threat. With homeowners paying significantly more for insurance or having problems finding coverage, the usage of these models has become a hot button issue. California wildfires cost insurers more than $24 billion in 2018 and 2017. But models may reach various decisions about the danger facing a property or publication of business, state critics. “Any model that is used at a rate filing would have to be assessed through a public process,” states Joel Laucher, particular adviser for the California Department of Insurance. The state’s insurance regulators are”balancing the risk that insurers will nonrenew customers against the risk that consumers will soon be requested to pay more than they could afford,” he states…. Read More
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Original source: http://news.ambest.com/newscontent.aspx?refnum=220222
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According to a 2018 Commonwealth Fund analysis, state-based exchanges achieved better, using marketplaces seeing premium gains from. Pennsylvania Insurance Commissioner Jessica Altman said in May Pennsylvania carriers are sending approximately $88 million a year to Washington to conduct its exchange, and also a conservative estimate indicates its own trade could run for $30 million to $35 million. Pennsylvania Insurance Department spokesperson Ron Ruman said officials are still currently studying exchanges in a number of states before deciding which system to work with. Another benefit of a state-based system is that it provides state officials with real-time information, stated the Nevada Division of Insurance, allowing for targeted advertisements and messaging and raising the effectiveness and efficacy of outreach. Oregon is investigating its options. Leah Andrews, director of Public Information and Communications for the Department of Consumer and Business Services, states,”as stewards of country resources, we’ve got a duty to know about various procedures for health care marketplace platforms to make sure cost-effective utilization of funds.”… Read More
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Original source: http://news.ambest.com/newscontent.aspx?refnum=220222
All of the time we run around the world wide web everyday to help you to understand to the importance of keeping a Public Adjuster there to assist you. Take a look at this web post we just found.
According to a 2018 Commonwealth Fund analysis, state-based exchanges achieved better, using marketplaces seeing premium gains from. Pennsylvania Insurance Commissioner Jessica Altman said in May Pennsylvania carriers are sending approximately $88 million a year to Washington to conduct its exchange, and also a conservative estimate indicates its own trade could run for $30 million to $35 million. Pennsylvania Insurance Department spokesperson Ron Ruman said officials are still currently studying exchanges in a number of states before deciding which system to work with. Another benefit of a state-based system is that it provides state officials with real-time information, stated the Nevada Division of Insurance, allowing for targeted advertisements and messaging and raising the effectiveness and efficacy of outreach. Oregon is investigating its options. Leah Andrews, director of Public Information and Communications for the Department of Consumer and Business Services, states,”as stewards of country resources, we’ve got a duty to know about various procedures for health care marketplace platforms to make sure cost-effective utilization of funds.”… Read More
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