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FORC Journal - Vol. 30 Edition 3 - Fall 2019

It is our honor to present this edition of volume 30 of the FORC Journal of Insurance Law and Regulation.  Thank you for your participation.
Dan Cotter & Kori Johanson, Journal Co-Editors

FLORIDA ASSIGNMENT OF BENEFITS REFORM LAW

By  Fred E. Karlinsky, Esq., Christian Brito, Esq., and Richard J. Fidei, Esq.
Long-overdue reforms aimed at addressing Florida’s assignment of benefits (AOB) crisis officially became law on July 1, 2019.

CDI INVESTIGATORY HEARING TO CREATE A RECORD ON AFFINITY GROUP DISCOUNTS

By  Robert W. Hogeboom, Esq. and Samuel J. Sorich
On Tuesday, September 17, 2019, the California Department of Insurance (“CDI”) conducted an Investigatory Hearing on the use of affinity groups in connection with private passenger automobile insurance.

STRANGER-OWNED INSURANCE CONTRACTS: CAN STATE REGULATION CURB ABUSE?

By  Cynthia J. Borrelli, Esq.
Stranger-Owned Life Insurance or Annuity Policies (“STOLI”) or (“STOA”) are generally arrangements, at or prior to policy issuance, to initiate or facilitate the issuance of a life insurance policy or annuity contract...

INTERVIEW WITH SOUTH CAROLINA DIRECTOR OF INSURANCE

By  Michael A. Molony, Esq. and T. Douglas Concannon, Esq.
The South Carolina Director of Insurance will assume the role of President of the National Association of Insurance Commissioners (“NAIC”) on January 1, 2020.

Sample Article to Copy

By  Robert W. Hogeboom, Esq. and Samuel J. Sorich
On Tuesday, September 17, 2019, the California Department of Insurance (“CDI”) conducted an Investigatory Hearing on the use of affinity groups in connection with private passenger automobile insurance.