Earlier this year, noting “the recent increase in the number of reciprocal exchanges being formed and challenges in assessing the fairness and reasonableness of attorney-in-fact fees being charged to the newly formed...more
8/22/2025
/ Corporate Governance ,
Fee Caps ,
Fees ,
Holding Companies ,
Insurance Industry ,
Insurance Regulations ,
NAIC ,
New Amendments ,
Proposed Regulation ,
Regulatory Oversight ,
Regulatory Reform ,
Regulatory Requirements ,
Risk Management ,
Working Groups
On May 2, 2025, the Florida Senate voted to pass Senate Bill (SB) 1549, which would repeal the requirement for insurance producers to perform a diligent search of the admitted market before placing Florida risks with a...more