The Nash Group LLC | Compliance Matters
844-899-1846
The Nash Group LLC | Compliance Matters

Call: 844-899-1846

A One-Stop Insurance Law Firm

homeowners insurance

The assignment of benefits (AOB) problem: will the Florida Legislature fix it?

| Jan 8, 2018 | , , , , , , ,

The Florida Legislature is planning to take another stab at ending claims abuses blamed for property insurance rate hikes.  Property insurers (homeowners and commercial property insurers alike) are battling the well-financed trial attorneys to bring an end to the manipulative self-serving generation of attorney fees from excessive lawsuits by repair contractors working under an affidavit called an assignment of benefits…

Scott White is new Virginia Insurance Commissioner

| Nov 10, 2017 | , , , , , , , , , ,

The Virginia State Corporation Commission has appointed Scott White Commissioner of the Virginia Bureau of Insurance effective January 1, 2018.  He succeeds the retiring Jacqueline Cunningham.  The bureau licenses, regulates, investigates and examines insurance companies, agencies and agents on behalf of the citizens of the Commonwealth of Virginia with a staff of about 195 state employees.  The Bureau of Insurance…

Leslie Hess Named Arizona Interim Insurance Director

| Oct 2, 2016 | , , , , , ,

Arizona Governor Doug Ducey has appointed Leslie Hess as the Interim Director of the Arizona Department of Insurance.  The official press release states Hess has been with the Department of Insurance for 12 years as deputy receiver and legal advisor.   She was with the Arizona Legislative Council for 2 years and worked for the Arizona Corporation Commission, Securities Division for over 6 years in…

David Altmaier named Florida Insurance Commissioner

| Apr 29, 2016 | , , , , , , , , , , , , ,

It was announced today (April 29) that David Altmaier, Florida’s current Deputy Commissioner, Property & Casualty, has been unanimously approved by the Florida Cabinet for the position of Insurance Commissioner of the Florida Office of Insurance Regulation. Current Commissioner Kevin McCarty has served as Florida’s chief insurance regulator for over ten years.  He will remain in office to facilitate the transition for…

Difference between hurricane deductibles and wind deductibles

| Apr 30, 2014 | , , , ,

I have been asked:  “Is there a difference between a hurricane and a wind deductible in a homeowner’s insurance policy?”  The answer is, generally, with most homeowner insurance policies, YES, there is often a difference between wind deductibles and hurricane deductibles.  It depends on how the insurance policy describes the deductible.  The deductible is the amount of the damage that…

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