Florida Insurance Council - Covering Florida Since 1962
By: Katrina Callaway, FIC General Counsel During the Cabinet meeting on July 25, 2019, the Florida Cabinet, sitting as the Financial Services Commission (FSC), approved the OIR to move forward with numerous rule changes for supplemental insurance policies. According to the information provided to the Cabinet on the changes, Rule 69O-149.005 is being amended…
By: Katrina Callaway, FIC General Counsel During the Cabinet meeting on July 25, 2019, the Florida Cabinet, sitting as the Financial Services Commission (FSC), approved the OIR to publish changes to the rule on workers’ comp applications, primarily dealing with the sworn statement and notarization provisions in the rule. (Rule 69O-189.003) In February, the OIR…
By: Katrina Callaway, FIC General Counsel During the Cabinet meeting on July 25, 2019, the Florida Cabinet, sitting as the Financial Services Commission (FSC), approved the OIR to publish a repeal of the current rule that requires commercial general liability contracts to include defense costs within the liability limits of the contract (Rule 69O-167.007). In…
By: Katrina Callaway, FIC General Counsel During its meeting on July 25, 2019, the Florida Cabinet, sitting as the State Board of Administration Trustees, approved four agenda items dealing with Florida Hurricane Catastrophe Fund (FHCF) rule changes needed to implement the loss adjustment expense (LAE) increase from 5% to 10%. As background,…
July 8, 2019 The 2018 legislative session saw the passage of SB 376, expanding PTSD coverage for first responders, and the new law went into effect on 10/1/2018. As a result of the passage of SB 376, the Department adopted Rule 69L-3.009, F.A.C., Injuries Qualifying as Grievous Bodily Harm of a Nature that Shocks the…
By: Katrina Callaway, FIC General Counsel On June 27, 2019, Governor Ron DeSantis vetoed HB 7067. The bill required the Department of Health to charge a $150 initial registration fee and $150 biennial renewal fee for out-of-state health care professionals providing health care to Florida residents via telehealth. In his veto letter, Governor DeSantis stated…