Category: Firm News

When Must Insurers Pay Death Benefits? 1st DCA Overrules State Policy

Timing is everything when it comes to when death benefits are due and payable, and the Florida Department of Financial Services got the question wrong, an appeals court has decided. The First District Court of Appeal reversed a declaration of the state agency, which had decided that life insurance funds

Service Contracts Model Act Turns 17

The NAIC Service Contracts Model Act was adopted 17 years ago, and has served as the basis of many laws our firm has sought on behalf of the Service Contract Industry Council.  I was honored to have worked with the National Association of Insurance Commissioners in developing this important law,

Regional Economic Development in Northwest Florida

On April 20, 2010, approximately 250 miles southeast of Houston in the waters of the Gulf of Mexico, BP’s Deepwater Horizon oil drilling rig exploded, killing 11 crewmen and igniting a fireball seen 35 miles away. By the time the well was capped on July 15, between 4.9 million and

Extended Warranties Warrant a Closer Look

Do extended service contracts warrant your attention and your dollars? It’s a question that comes up time and again. Seemingly whenever we buy anything of value, a salesperson suggests that we should buy an extended warranty, sometimes called a service contract. There are three common types: extended warranties for consumer

Extended Warranty and Service Contract Programs

Meenan P.A. is the source for service contract law and extended warranty law programs.    As general counsel of the Service Contract Industry Council, we write the laws, and hire the lobbyists to enact them, throughout the United States.  Other law firms report on what we are doing…come to the source

6 Things you Must Know About Tech Warranties

Extended coverage could pay off if your phone, laptop or tablet meets with an accident. 1. The dog ate my smart phone. In a recent survey of 1,000 parents, half said their kids had damaged a laptop, tablet or smart phone. Pets do their share of mischief, too. Plus, plenty

Tim Meenan and NAIFA Florida receive Life Insurance Awareness Month Proclamation from Governor and Cabinet

September is Life Insurance Awareness month and NAIFA Florida recently received a proclamation from Governor Rick Scott, Chief Financial Officer Jeff Atwater, Attorney General Pam Bondi, and Agriculture Commissioner Adam Putnam.  Jeff Atwater, Florida’s CFO, presented the official resolution to NAIFA Florida President Jim Koburger, Tim Meenan, and other representatives in

Rising Home Prices Drive Home Warranty Sales

As home price rebound in a recovering housing economy, more sellers are purchasing extended home warranties (also called service contracts) to give themselves a competitive edge. “Securing your home with an extended warranty is a great way to set yourself apart from other sellers,” said Tim Meenan, Executive Director of