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Florida Adjusters Beware: Failure to Follow Estimating Rule 69BER24-4 Can Jeopardize Your License

Property Insurance Coverage Law

Public adjusters and all property insurance adjusters working in Florida need to take notice. These violations could put your license at risk. Failure to comply with the estimating standards laid out in Rule 69BER24-4, now permanently incorporated into Rule 69B-220.201, may result in serious ethical violations.

License 194
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Florida’s DOAH Arbitration Disaster: How the Legislature Gave Citizens a License to Steamroll Policyholders

Property Insurance Coverage Law

They handed Citizens Property Insurance Corporation our state-run insurer of last resort the ability to force policyholders into administrative arbitration at the Division of Administrative Hearings (DOAH) instead of letting disputes be decided by a jury of … The post Floridas DOAH Arbitration Disaster: How the Legislature Gave Citizens a License (..)

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Florida’s DOAH Arbitration Disaster: How the Legislature Gave Citizens a License to Steamroll Policyholders

Property Insurance Coverage Law

They handed Citizens Property Insurance Corporation our state-run insurer of last resort the ability to force policyholders into administrative arbitration at the Division of Administrative Hearings (DOAH) instead of letting disputes be decided by a jury of … The post Floridas DOAH Arbitration Disaster: How the Legislature Gave Citizens a License (..)

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Tennessee Sees Big Jump in Insurance Producer Licenses in Recent Years

Insurance Journal

Tennessee has seen a 25% jump in the number of insurance producer licenses in the past five years, an increase that regulators have attributed to a population boom in the state and easy access to producer exams. The state now …

License 290
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Hertz Says Hackers Stole License Numbers, Credit Card Data

Insurance Journal

Hertz is alerting customers to a data breach involving drivers’ license numbers and other personal information following a hack in its supply chain. The car-rental company said in a posting on its website that it completed an analysis of the …

License 298
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Starr Insurance Receives License to Sell Commercial Insurance Across South Korea

Insurance Journal

Starr Insurance reported that South Korea’s Financial Services Commission has granted Starr International Insurance (Singapore) Pte. Korea branch, a license to operate in Seoul and begin selling commercial property/casualty insurance throughout Korea. “Korea is one of the largest commercial …

License 264
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Maryland to Require Security Guard Licensing, Proof of Insurance

Insurance Journal

Starting January 1, 2025, Maryland will begin requiring businesses employing security guards or in-house loss prevention personnel to meet new licensing and certification requirements and provide proof of insurance. According to the legislation (Senate Bill 760 (2023), any business or …

License 264