OIR Informational Memorandum: Guidance for Business Continuity and Continuity of Operations Plans

INFORMATIONAL MEMORANDUM OIR-20-03M ISSUED March 16, 2020 Florida Office of Insurance Regulation David Altmaier, Commissioner TO ALL INSURERS AND ENTITIES REGULATED BY THE FLORIDA OFFICE OF INSURANCE REGULATION ~ Guidance for Business Continuity and Continuity of Operations Plans ~ In response to the Executive Order 20-51 issued by Governor Ron DeSantis establishing COVID-19 response protocols…

FIC: Condo Subrogation Language Dies

By:  Katrina Callaway, FIC General Counsel The House passed two bills to the Senate containing their language prohibiting a condo unit owner’s property policy from allowing a unit owner to subrogate against the condo association if the association’s policy does not allow the association to subrogate against the unit owner.  But, neither bill ultimately passed,…

FIC: Mutual Insurance Company Policyholder Voting Language Stripped From Bill In Senate

By:  Katrina Callaway, FIC General Counsel On March 9, 2020, the Florida House adopted an amendment to a Senate glitch bill on business organizations, SB 838, dealing with how policyholders of mutual insurance company or mutual insurance holding company can vote.  The amendment allows policyholders to vote in person, by mail, electronically, or other means…

FIC: Genetic Testing Bill Passes

By:  Katrina Callaway, FIC General Counsel On March 11, 2020, the Senate approved the amended House genetic testing bill (HB 1189) with a vote of 35-3 and returned the bill back to the House for approval of the amendment.  On March 12, 2020, the House concurred with the amendment and passed the bill with a…