Latest Blogs

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FAIA Launches Another 2-20 Academy f08bb2b1-1c3e-4655-b11d-26c8dbc9f088

1/18/2022


Our FAIA Academy: 2-20 Edition serves as a resource for 4-40 licensed agents with one year of experience in the past four years to convert their license to a 2-20. This year, we are excited to offer another session of our 2-20 Academy with live, online support from our Education team.

The new session begins on February 14, 2022, and runs for four weeks, providing the tools and resources needed for each student to be well prepared to sit for the 2-20 state exam. The webinars are taught by experienced FAIA instructors, giving you the best and most trusted insurance education anywh...

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Goodbye Westport... d8677666-ede0-4013-be7f-96c44e2e47ff

1/12/2022


Hello, North American Specialty Insurance Company! Our industry-leading E&O coverage is going through a name change to streamline its operations. The financial rating and stability of the long-term carrier, Swiss Re, is not going anywhere. Along with the name change, this shift to streamlining is also bringing several policy form enhancements.

Starting this month, E&O applicants will see North American Specialty Insurance Company on their forms, and you will hear our team refer to these policies as Swiss Re admitted instead of Westport. Similarly, our team will be referring to Swiss Re’s non-admitted product, First Specialty Insurance Corporation, as Swis...

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It's Time to Shutter Sham Litigation! 02a9744d-743a-4c9f-9556-1b71b51152f1

1/10/2022


Breaking news—Florida has a massive litigation issue, costing Florida's consumers hundreds of millions of dollars annually. Well, this isn't breaking news, but it is one of the most significant factors impacting the health of Florida's property insurance market and economy. To quote Disney's Beauty and the Beast, "it's a tale as old as time."

Earlier this year, Florida Insurance Commissioner David Altmaier responded to a data request from Florida House Commerce Committee Chair Blaise Ingoglia. The data, a product of the National Association of Insurance Commissioners' Market Conduct Annual Summary, contained in the report showed the severity of Florida's litigation problem...

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Citizens Issues Bulletin Expanding Inspections for Personal Lines 234de892-5e34-45da-83fd-fc0b3c6ea63d

1/10/2022


Citizens issued a bulletin on January 7, 2022, outlining the expansion of personal lines inspections for new and renewal policies. Please read the bulletin carefully as it outlines agent responsibilities in this process. 

 

Property Inspection Expansion

 

January 7, 2022


As announced in the June 28, 2021, Read More

Legal Brief: Big I Publishes FAQ and Sample Disclosure Form on New Producer Health Insurance Compensation Disclosure Requirements 0c9a1e29-a166-455e-bae7-27828403aaed

1/07/2022


You may recall my blog last month regarding the new federal health insurance agent compensation disclosure requirements that took effect on December 27, 2021.  Additional guidance on those requirements is now available from the Department of Labor, along with an Read More

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