Articles Posted in Insurance News

FAQ’s Relative to the Interpretation of all Types of Insurance Contracts, Including Variable and Fixed Annuity Insurance Contracts – Florida Insurance Litigation and Arbitration Attorney: Florida law requires that insurance contracts are construed according to their plain meaning and, if a policy provision is clear and unambiguous, it should be enforced according to its terms.…

Florida Indexed Annuity Fraud and Misrepresentation FINRA Arbitration and Litigation Attorney: Prior to purchasing an indexed annuity, it is important that you understand various features contained in the annuity contract. Some of these items are set forth below. Please keep in mind that this information is being provided for educational purposes only. It is not…

South Florida Indexed Annuity Fraud and Misrepresentation Litigation and FINRA Arbitration Attorney: What is an indexed annuity? An indexed annuity is a type of contract between you and an insurance company. During the accumulation period – when you make either a lump sum payment or a series of payments – the insurance company credits you…

Florida Fixed and Variable – Deferred and Immediate Annuity – Fraud and Misrepresentation Litigation and FINRA Arbitration Attorney: FAQ’s About Annuities: An annuity is a contract or agreement with an insurance or investment company that provides a source of income or series of payments, from the investment either now or at a set future date,…

Post-Employment Restrictive Covenants – Insurance and other Businesses: This post provides a general discussion concerning post-employment restrictive covenants that may be found in employment agreements in the State of Florida. The statute governing this issue is Florida Statute 542.335. Florida, by statute, has determined that post-employment restrictive covenant agreements are valid restraints of trade or…

State of Florida Insurance Fraud, Regulation, Misrepresentation, and Negligence Litigation and Arbitration Attorney: In the Matter of Johan Mary-Lyn Akal, Case No.: 140353-13-AG: On September 20, 2013, the Florida Department of Financial Services (“Department”) issued a Consent Order against Johan Mary-Lyn Akal, which, in part, required the Respondent to surrender to the Department of Insurance…

Florida Variable and Fixed Annuity, Life and Health Insurance Fraud and Misrepresentation Attorney: In the Matter of: Charlotte Bredal Oliver, Case No.: 140535-13-AG: On September 20, 2013, the Florida Department of Financial Services (“Department”) issued a Consent Order against Charlotte Bredal Oliver, which, in part, required the Respondent to surrender to the Department all licenses…

Variable Annuity Misrepresentation – Florida Litigation and Arbitration Attorney: In the Matter of: Matthew Watson Shaw, Administrative Case No: 139968-13-AG: On September 4, 2013, the Florida Department of Financial Services entered a Consent Order against Matthew Watson Shaw, which was based upon a Settlement Agreement for Consent Order dated August 9, 2013. In the Consent…

In the Matter of A & D Insurance, Administrative Case No. 132225-13-AG. On April 10, 2013, the Department issued a Consent Order against A & D Insurance, which provided in relevant part, that the respondent surrender to the Department is agency registration. Contact Us: With extensive courtroom, arbitration and mediation experience and an in-depth understanding…

The Florida Department of Insurance: The mandate of the Florida Department of Insurance is to ensure that insurance companies licensed to do business in Florida are financially viable, operating within the laws and regulations governing the insurance industry; and offering insurance policy products at fair and adequate rates which do not unfairly discriminate against the…