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Category: Insurance Law

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Taking the initiative: Tips for locating a lost life insurance policy

Tue Jun 14th, 2016 on     Insurance Law,    

Back in April, our blog reported on a new Florida law now in effect that’s designed to combat unscrupulous tactics by insurance companies concerning payouts on life insurance policies. Specifically, the practice of insurance companies actively searching death records for annuity recipients in order to facilitate the stoppage of payments, while simultaneously making no effort to identify deceased policyholders whose unclaimed benefits could still be claimed by unwitting beneficiaries.

What does the future hold for long-term care insurance?

Thu Apr 14th, 2016 on     Insurance Law,    

From auto and health to home and life, one of the unspoken benefits of insurance coverage is the peace of mind it grants the policyholder. Indeed, people rest a bit easier believing that even though the premiums they are paying are by no means cheap, they will nevertheless be okay from a financial perspective when it really matters.

FEMA announces increase in flood insurance premiums

Sat Apr 9th, 2016 on     Insurance Law,    

It may seem hard to believe, but we are now less than two months away from the start of the 2016 hurricane season. While everyone is naturally keeping their fingers crossed for another quiet year here in the Sunshine State, they will nevertheless want to ensure that they are ready in the event the now decade-long streak of good luck runs out.

Don’t confuse STOLIs with life settlements

Mon Nov 16th, 2015 on     Insurance Law,    

In July 2014, we wrote a series of posts about stranger-originated life insurance policies and the efforts of various states, including Florida, to regulate, even to eliminate STOLIs. With STOLIs taking so much of the spotlight, though, life insurance companies found it difficult to explain legitimate ways to turn a policy into cash.

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