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2017


In Florida, House Bill 805 Will Likely Allow Insurance Policy Transfers

In Florida, House Bill 805 Will Likely Allow Insurance Policy Transfers

May 3, 2017

The Florida Legislature passed House Bill 805, regarding insurance policy transfers. If, as anticipated, the governor signs the bill into law, it will allow insurance companies writing personal lines residential and commercial residential policies to transfer those policies to another insurance company upon the policy term’s expiration.

Amazon Echo - Did Alexa Record a Murder?

Amazon Echo - Did Alexa Record a Murder?

April 17, 2017

Bates was arrested and charged with the murder of Victor Collins, who was found floating in a hot tub in November 2015, at Bates' home in Bentonville, Arkansas. Bates called the police, claimed he woke to find Collins dead, and explained it must have been an accidental drowning.

NY DFS Issues Circular Letter Addressing Life Insurance Unfair Claims Settlement Practices During the Contestability Period

NY DFS Issues Circular Letter Addressing Life Insurance Unfair Claims Settlement Practices During the Contestability Period

January 26, 2017

On January 26 – in its first-issued circular letter of the year – the New York Department of Financial Services (DFS) reminded life insurers doing business in the state that they can only contest claims following the death of insureds during the two-year contestability period if there is “actual evidence of misrepresentation” and warned insurers against “improperly … shifting the burden of proof to beneficiaries.”

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