Florida Insurance Council - Covering Florida Since 1962
By: Katrina Callaway, FIC General Counsel Following a rule workshop and Advisory Council meeting on May 30, 2019, the Florida Hurricane Catastrophe Fund (FHCF) is proceeding with changes to administrative rules and forms to implement the increase in loss adjustment expense (LAE) reimbursement set out in HB 301 which just passed the Legislature. Under the…
By: Katrina Callaway, FIC General Counsel On May 24, 2019, HB 337, the bill to increase the county court jurisdictional threshold, was signed into law by Florida Governor Ron DeSantis. The bill also includes a provision moving up the effective date of the attorney fee provision in the AOB bill. The court jurisdiction part of…
By: Katrina Callaway, FIC General Counsel Governor Ron DeSantis signed the AOB reform bill, HB 7065, on May 23, 2019, one day after receiving the bill on his desk. The bill makes significant changes to assignment of benefit agreements in an effort to curb costs and litigation in property insurance claims. One of the most…
FOR IMMEDIATE RELEASE May 23, 2019Contact Info: Karen Kees, (850) 413-2515, press@floir.com Commissioner Altmaier Applauds Governor DeSantis for Signing AOB Reform TALLAHASSEE, Fla. —Today, Florida Office of Insurance Regulation Commissioner David Altmaier released the following statement following the Governor’s signature of House Bill 7065: “Governor DeSantis continues to demonstrate his strong commitment to Florida consumers…
By: Katrina Callaway, FIC General Counsel In an unexpected turn of events and out of the blue, on May 23, 2018, the new Florida Supreme Court issued an 5-2 opinion receding from a 2018 decision that retained the “Frye” standard of determining expert witness reliability even after the Florida legislature enacted the “Daubert” standard in…