Florida amends captive law *

USA - July 6 2012
Florida has amended its captive law pursuant to H.B. 1101, reducing minimum capital and surplus requirements for industrial insured captives, expanding the lines of insurance that may be written by captives, and recognizing pure and special purpose captive insurance companies as distinct from traditional Florida domestic insurers.

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New York Emergency Regulation 200 creates search requirements for unclaimed life insurance benefits *

USA - May 25 2012
In a May 14, 2012, press release, New York Governor Andrew Cuomo and Financial Services Superintendent Benjamin Lawsky, announced the issuance of Emergency Regulation 200, which creates search requirements for unclaimed life insurance benefits.

Co-authors: Matthew Criscuolo , John David Dickenson, Patrick J. Gennardo.

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Florida legislature passes compromise PIP bill *

USA - March 12 2012
In a late-night finale to a pitched, down-to-the-wire battle between Florida’s House and Senate, the Florida Senate passed an amended PIP reform bill (HB 119) on a narrow 22-17 vote. 

Co-authors: John David Dickenson.

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Spotlight on Florida PIP reform battle between Florida House and Senate *

USA - March 9 2012
The Florida Senate and House of Representatives are currently battling over what is, at least, the fourth concerted effort to reform Florida’s personal injury protection coverage law in the last decade.

Co-authors: John David Dickenson.

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Shareholder brings derivative action against life carrier’s officers and directors targeting unclaimed property practices *

USA - February 3 2012
Yet another lawsuit has been filed targeting a leading life insurer’s claims settlement practices for unpaid death benefits.

Co-authors: Matthew Criscuolo , John David Dickenson, Patrick J. Gennardo, Douglas L. Prochnow , Mark G. Peters.

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