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The law and governmental consulting firm of Colodny, Fass, Talenfeld, Karlinsky and Abate announced on May 11, 2012 that it has named founding partner Mike Colodny as Managing Partner.
Mr. Colodny, who founded the Firm in the mid-1970s with Joel Fass and Howard Talenfeld, successfully developed it into its current prominence in the areas of commercial litigation, insurance regulatory law and governmental consulting. He... Read More
The U.S. Department of Health and Human Services issued the following news release on August 12, 2011:
Tax credits to help millions of middle-class families
The Departments of Health and Human Services and Treasury took the next steps to establish Affordable Insurance Exchanges - one-stop marketplaces where consumers can choose a private health insurance plan that fits their health needs and have the same kind of insurance choices as members of Congress.... Read More
The Insurance Information Institute ("III") has issued a presentation on potential implications for insurers under the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 ("Dodd-Frank").
In the presentation, III President Dr. Robert Hartwig reviews the implementation status of Dodd-Frank one year after its enactment and the reasons for its slow implementation.
Specifically, Dr. Hartwig addresses the issue of systemic risk, noting... Read More
Colodny, Fass, Talenfeld, Karlinsky & Abate Shareholder Maria Elena Abate and Senior Associate Amy Koltnow have been accepted into the Council on Litigation Management ("CLM"), a national organization committed to furthering high standards of... Read More
The following is a summary of Senate Bill 408, which includes numerous provisions and changes related to residential property insurance in Florida. The bill was passed during the 2011 Florida Regular Legislative Session.
Florida Insurance Commissioner Kevin McCarty announced on October 6, 2011, that Michelle Robleto will join the Florida Office of Insurance Regulation as Deputy Insurance Commissioner for Life and Health Insurance.
A related OIR news release is reprinted below.
Florida Office of Insurance Regulation Welcomes New Deputy Insurance Commissioner
TALLAHASSEE, Fla. - Florida Insurance Commissioner Kevin McCarty... Read More
On October 4, 2011, the Senate Committee on Community Affairs is considering a proposed committee bill (SPB 7002) that would define an "insignificant fiscal impact" in relation to unfunded mandates as an annual amount not greater than $.10 per citizen annually. The bill was drafted pursuant to a Senate Interim report that... Read More
Florida economists at the Public Education Capital Outlay ("PECO") Revenue Estimating Conference held on October 3, 2011, reduced the forecast of the maximum amount available for appropriation from the PECO Trust Fund for Fiscal Year 2012-2013 by $267.6 million, to $113.2 million in total.
The total amount available for appropriation is from cash, inasmuch as the new Gross Receipts Tax forecast is reduced to a level that does not provide sufficient bonding... Read More
The Florida Hurricane Catastrophe Fund ("FHCF") has published coverage selections and premium calculations, updated as of September 30, 2011, for the 2010/2011 FHCF Contract Year. To view this information, click here.
In addition, coverage selections and premium calculations for the FHCF's 2009/2010, 2008/2009... Read More
The Florida Workers' Compensation Joint Underwriting Association ("FWCJUA") Board of Governors ("Board") met on September 27, 2011, in Sarasota, Florida, during which it unanimously approved a 9.7 percent overall average premium decrease for new and renewal business.
The decrease, which will be effective January 1, 2012, will be adjusted to reflect any approved voluntary market rate level and class relativity changes that may become effective January... Read More
