Florida Insurance Council - Covering Florida Since 1962
By: Katrina Callaway, FIC General Counsel Governor Rick Scott signed HB 1073, the DFS agency bill, on March 23, 2018. The bill has insurance and non-insurance provisions in it. The insurance provisions in the bill relate to managing general agent (MGA) licensure, exchange of business, life agent, and other insurance laws as described below.…
By: Katrina Callaway, FIC General Counsel Governor Scott signed two health insurance related bills on March 23, 2018: HB 37, the direct primary care bill, and HB 351, the pharmacy benefit manager (PBM) bill. Direct Primary Care BillHB 37 specifies that a direct primary care agreement is not insurance and is not subject to the…
By: Katrina Callaway, FIC General Counsel On March 23, 2018, Florida Governor Rick Scott signed the 2018 construction defect bill into law. HB 875 further clarifies when the date of completion of a construction contract is for purposes of both the statute of limitations and statute of repose. It provides that a construction contract is…
By: Katrina Callaway, FIC General Counsel Last week, Governor Rick Scott signed two property insurance bills following the 2018 legislative session. On March 21, 2018, he signed HB 1011 requiring a new flood insurance disclosure on all property insurance new and renewal policies. The Citizens Insurance Clearinghouse public records exemption bill (HB 7097) was…