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    Agency News | Industry News | New Members | Calendar | Events | Classes
    OCTOBER 1, 2015 | VOLUME LXV, ISSUE 3 


    Unlawful export, or lack of diligent effort form?
    If a commercial residential client requests coverage that is not available in the admitted market, can an agent lawfully export that policy to the surplus lines market? While the answer to that question requires an interpretation the DFS seems unwilling to make, one thing is clear: doing so would absolutely require a diligent effort form. But if FAIA is successful this legislative session, a disclosure form—which is required for export of all other commercial lines—will take its place. Learn more in Laura’s Legal Brief of the Week.
    Repeal of ‘Cadillac’ tax, other ACA provisions, on congressional agenda
    Though legislative success on the Affordable Care Act front has been hard to come by in Washington, the stars may align for congressional efforts to repeal the ACA’s “Cadillac” tax provision. With a republican majority and union support for the repeal, the opportunity is real. Read about this and other pending ACA legislation in Lee Martin’s blog.
    Citizens’ commercial lines rates set
    In case you missed it, the Florida Office of Insurance Regulation issued its order last week, establishing Citizens’ commercial lines rates for 2016. Dave Newell has the details in his CPIC blog.
    Properly protect a commercial client’s trust account funds
    If you write coverage for law or real estate firms that have separate trust accounts, you may want to review their Employee Dishonesty coverage. The Commercial Crime Coverage form applies only to losses the insured sustains—not to losses held in trust for insured’s customers. Keith Jones explains coverage options in his latest blog.
    Limited space available for Conversion Class starting October 20 in South Florida
    If you’re a 4-40 who wants to bypass the “all lines” experience to sit for the 2-20, or if you’re planning to sit for the 2-20 exam based purely on experience, FAIA’s five-day soup-to-nuts 4-40 to 2-20 Conversion Class fits the bill. Limited space is available for the class starting Tuesday, October 20, at the Holiday Inn Hollywood in Ft. Lauderdale. Register.
    You might not like what your email address says about you
    Your email address is part of your small business brand. It lets potential customers know your agency is well established, even if it’s not…yet. In the digital age, your email address is as important, probably more so, than your business card. So why are so many agents still using Hotmail, Yahoo, and AOL email addresses to conduct business? to find out why it’s bad for your business.
    SmartStart4Kids delivers school supplies to 1,000 children in need
    The numbers are tallied and the results are in: The Young Agents Council-led SmartStart4Kids school supply drive collected more than $40,000 in school supplies during its 2015 campaign. A big chunk of that came from YAC Zone 6 (Tampa), which collected the most overall. On the agency level, LRA Insurance in Orlando, which starts its effort months in advance, collected the most supplies. Read more about SS4K in Melissa Champany’s blog.
    Daniela Finch, AAI
    FAIA extends its thoughts and condolences to the family, friends, and colleagues of Daniela Finch. The national managing director of MarketScout, Inc., passed away on September 15, 2015. She loved her work. By the time she was 30, she had built her own agency, but her family life and friendships were just as important, as was her volunteer work with several children’s advocacy programs. Read more about her life in the tribute posted on IRMI’s website.

    BB&T Insurance Holdings: announced chairman and CEO H. Wade Reece will retire at the end of December. He will be succeeded by John Howard.

    Brown & Brown, Inc., Daytona Beach: realigned its retail division and named six regional presidents: P. Barrett Brown, Steve Denton, Anthony M. Grippa, Thomas K. Huval, Richard A. Knudson Jr., and Charles Lydecker.

    Insurance Office of America, Altamonte Springs: named one of the Orlando Business Journal’s2015 Golden 100.”

    Lassiter-Ware Insurance, Leesburg: named one of the Orlando Sentinel’s2015 Top 100 Companies for Working Families” and one of the Orlando Business Journal’s2015 Golden 100.”

    The Villages Insurance, The Villages: named a Best Practices agency through the Best Practices Study.

    Zarahn Agency, Inc., Pensacola: celebrated 40 years in the insurance business.


    Hanover Insurance Group: announced its president, CEO, and director, Frederick H. Eppinger, will be stepping down in 2016.

    Heritage Insurance Holdings: will acquire Hawaii-based Zephyr Acquisition Company.

    Main Street America Group: appointed Dave Randle president of its Southeast Region.

    Marsh & McLennan: appointed Mark McGivney chief financial officer as of Jan. 1, 2016. He succeeds J. Michael Bischoff, who is retiring.

    United Insurance Holdings Corp.: will acquire New York-based Interboro Insurance Company.


    Construction Casualty Insurance, LLC: St. Petersburg

    Great Florida Insurance: Pensacola

    Marantha Tax and Insurance Agency: Eustis

    Seeman Holtz Property & Casualty, Inc.: Boca Raton

    Stonebridge Insurance Agency, LLC: Lake Worth


    Frank Winston Crum Insurance: Clearwater

    Preferred Property Risk Purchasing Group: Holmdel, NJ

    Strategic Comp: Alpharetta, GA



    Many local boards hold monthly or quarterly meetings. Visit our website for a schedule.


    • Political Summit: January 25–27, 2016; The Doubletree by Hilton, Tallahassee.


    PO BOX 12129 | TALLAHASSEE, FL 32317-2129
    TELEPHONE: 850-893-4155 | FAX: 850-668-2852
    All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means-electronic, mechanical, photocopying, recording, or otherwise-without the prior written permission of the Florida Association of Insurance Agents. FAIA does not give legal advice. Agents are urged to seek the counsel of a licensed Florida attorney familiar with the Florida Insurance Code.