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    Agency News | Industry News | New Members | Calendar | Events | Classes
    JULY 1, 2015 | VOLUME LXIV, ISSUE 20
    Appeals court dismisses workers’ comp constitutionality challenge
    The Third District Court of Appeal last week overturned a Miami-Dade circuit court judge’s ruling that declared Florida’s workers’ compensation law unconstitutional. The appeals court did not weigh in on the constitutionality of the law, but instead found that the plaintiffs did not have standing to challenge the law. Read more in Laura’s Legal Brief of the Week.
    Another setback in efforts to stop assignment of benefits abuse
    Once again, the courts have ruled that an insurance carrier cannot prohibit an insured from signing over policy benefits to contractors post-loss. This is just the latest blow to the industry, which has tried for years to curtail assignment of benefits fraud and abuse. Learn more about the decision and how to protect your agency and clients from AOB fraud.
    AOB, workers’ compensation reform, workforce development, and you
    Join your agency peers, carrier executives, and others in the industry to discuss the issues and work on ways to solve them at the 2015 Planning Session, August 13–15, 2015 at the Hilton Orlando Bonnet Creek.

    A special Workforce Development Summit will be held that Thursday, August 13, in conjunction with Planning Session. The summit will bring together various stakeholders to review the recently passed workforce legislation and develop a plan to establish and sustain college insurance specialization programs statewide. (Listen to Insurance Journal’s podcast with Kyle Ulrich to learn more about the bill.) Registration for the Summit is included in Planning Session registration; or you can elect to attend just the Summit at no charge by registering as a commuter.

    Updates from Citizens board meetings
    If you write policies through Citizens, you should definitely check out (new Market Accountability Advisory Committee Chairman) Dave Newell’s blog summarizing the MAAC and Board of Governors meetings. A sampling includes: IT fixes coming to PolicyCenter later this month; in July, additional carriers are joining the Clearinghouse platform; and a look at the product changes approved by the board.
    Take the Thompson challenge
    FAIA’s resident insurance nerd David Thompson challenges you to commit to spending just five minutes a day cultivating technical coverage expertise and educating yourself about the insurance industry. Read about “Thompson’s Five Minute Education Challenge” (TFMEC) in the Community, and pledge to commit
    Your workers’ compensation and commercial lines questions answered
    One of the biggest benefits of FAIA membership is access to help on technical coverage issues. FAIA recently beefed up its capacity to answer members’ questions by forming partnerships with acknowledged experts in the field. Members with workers’ compensation questions can direct questions to Frank Pennachio and Susan Toussaint, co-founders of Oceanus Partners. Direct commercial lines questions to commercial lines consultant Keith Jones.
    As property market capacity increases, beware of new endorsements
    The good news is carriers’ appetite for property coverage seems to be increasing; the (potentially) bad news is that some standard carriers are using some lesser-known endorsements to minimize the risk that comes with additional exposure. FAIA Education Consultant Keith Jones writes about the Limitations on Coverage for Roof Surfacing endorsement in his latest blog.
    Wanted: School supplies for YAC community service project
    FAIA’s Young Agents Council this week kicked off SmartStart4Kids, its annual community service project. Each year, young agents collect school supplies and cash for children in need; the agency and YAC zone collecting the largest amount of school supplies wins additional contributions for their nonprofit organization. Be sure to thank the young agents for extending the goodwill of the industry to your future customers when you drop off your contribution.
    2015 YAC Convention: memorable, motivational, and magical
    FAIA’s young agents raised a record $20,000 (at least) for the Folds of Honor Foundation at this year’s Convention! Read Melissa Champany’s blog to learn about the inspirational call to action from a new YAC member that led to a $5,000 windfall in just 15 minutes! Winners of the 2015 Young Agents Council Awards also were recognized at Convention during the YAC Luncheon. They are:
    • Young Agent of the Year: Michael Ludwig, Strategic Insurance Services, Clearwater.
    • Young Agents Council Partner of the Year: American Integrity Insurance Group, Tampa.
    • Young Agent Company Member of the Year: Eric Goldman, Imperial PFS, Tampa.
    New leaders, award winners named at 111th Convention
    Chip Greene; Brian Scarborough, CIC, REBC; and Doug Wiles, CPCU, were installed to FAIA’s board as chairman, chairman-elect, and vice-chairman, respectively. Visit the Media Center to find out who’s coming on—and going off—the board. Among other Convention news:

    Brightway Insurance, Inc., Jacksonville: named one of the 50 fastest-growing, private companies in Northeast Florida by the Jacksonville Business Journal. The agency was also Forbes Magazine’s top choice for “Best Franchise to Buy.”

    Joyner Family Insurance, Venice: named the 2015 Venice Chamber Medium Business of the Year winner.

    Shad Finley, Villages Insurance Partners, LLC: was promoted to the agency’s elite Private Risk Management Team.

    We Insure, Jacksonville: named one of the 50 fastest-growing, private companies in Northeast Florida by the Jacksonville Business Journal.


    Phyllis Anne Marino: we extend our condolences to the family of Phyllis Marino, who passed away June 9. A native of New York, she moved to Pembroke Pines in 1972. She founded Family Insurance Services in 1981 and remained a positive force in her community throughout retirement. Read more about her life in the South Florida Sun-Sentinel.


    Ace Limited: agreed to acquire The Chubb Corp.

    Johnson & Johnson, Inc.: acquired St. Petersburg-based John Handel & Associates, Inc.

    Main Street America Group: appointed Janet Root vice president of internal audit.

    Patriot National, Inc.: acquired Sarasota-based InsureLinx.

    Universal Property & Casualty Insurance Company: received approval to write insurance in Michigan.

    Vertafore: acquired Deerfield Beach-based QQ Solutions, Inc.

    Willis Group: agreed to a merger with Towers Watson.


    American Insurance and Investments: Port St. Lucie

    Atlantic Insurance Group: Coral Springs

    Friedel Insurance Agency, LLC: Ft. Lauderdale

    German Insurance Group, LLC: Bradenton

    Insurance Matters, LLC: Casselberry

    MD Insurance Services: Jacksonville

    Moran Insurance, LLC: Ponte Vedra Beach

    The Physicians Advocate, LLC: Ft. Lauderdale

    Protect Insurance: Valrico

    Seaman's Insurance Group, LLC: St. Augustine


    Cornerstone Payroll Solutions, Inc.: Tampa



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

    • IIA of South Florida, Membership Cocktail: July 15, 2015; TBA.
    • IIA of Palm Beach County, Membership Luncheon: July 16, 2015; Hilton Palm Beach Airport, West Palm Beach.
    • IIA of Broward County, Cocktail Party: July 30, 2015; DoubleTree by Hilton Sunrise/Sawgrass Mills, Sunrise.
    • IIA of Palm Beach County, Membership Luncheon: August 20, 2015; Hilton Palm Beach Airport, West Palm Beach.
    • IIA of South Florida, CE and Marlins Game; August 11, 2015; Miami Marlins Ball Park.



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