Category: News

New York Attorney Pleading with Florida Federal Judge

Nov 30, 2017 / News

According to Law360, a prominent New York attorney is now pleading with the Florida federal judge assigned to his case to avoid jail time for deceptively selling investments. Earlier this year, the Securities Exchange Commission sanctioned this same lawyer for securities violations. Law Degree and Licenses Don’t Make Sales More Legitimate We address this situation as a simple reminder to investors that an investment being pitched to you is not […]

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Krack Attack and Insurance Agents

Nov 16, 2017 / Cybersecurity

A recent article posted on InsureTrust talks about a dangerous new “KRACK Attack” and what it could mean for insurance agents. Fortunately, the exploit addressed by the article has not actually been found “in the wild,” which means that it is likely more theoretical (or at least it hasn’t been implemented in widespread use). As the article addresses, many internet of things, IoT, devices will be more vulnerable to this […]

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Congress Blocks CFPB Arbitration Rule

Nov 14, 2017 / News

In a move that gutted consumer advocates, the Senate used its powers under the Congressional Review Act to block the implementation of a rule passed by the Consumer Financial Protection Bureau (CFPB) that would have restricted the ability of large financial institutions to compel arbitration on a class-wide basis. Arbitration functions like private court. Arbitration allows for the speedy and efficient resolutions of claims in many cases. But for customers […]

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Florida Statutory Bad Faith Claims

Sep 14, 2017 / Hurricane Irma

You purchase insurance with the expectation that it will help reduce your losses. In some cases, the law requires you to purchase insurance, which is why we all must have car insurance. In other cases, you are contractually required to carry insurance, including when you have a mortgage (homeowners insurance) or when you rent or lease property (renters insurance). Suddenly, you suffer a catastrophic loss from a hurricane. You think […]

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