Florida Insurance Council - Covering Florida Since 1962
By: Katrina Callaway, FIC General Counsel The House Insurance and Banking Subcommittee held their first committee meeting on January 10, 2019. During the meeting, the committee heard presentations from various stakeholders about property insurance. The presentations provided to the committee can be viewed here. The committee heard from the following presenters: Office of Insurance Regulation…
By: Greenberg Traurig The Senate Community Affairs Committee met on January 8, 2019 to hear a presentation on the Florida Building Code. Following are notes on the presentation prepared by staff of the Greenberg Traurig law firm. Presentation on the Florida Building Code by the Florida Building Commission By Tom Campbell- Executive Director for the…
By: Katrina Callaway, FIC General Counsel For the second Session in a row, a genetic testing bill related to life insurance has been filed by Sen. Bean (R). The bill filed for 2019 is the essentially same as the last iteration of the Senate genetic testing bill filed in 2018 by Sen. Bean. SB…
By: Katrina Callaway, FIC General Counsel During the first meeting of the Senate Banking and Insurance Committee, committee chairman Sen. Doug Broxson (R) announced to the committee that one of his priority issues for 2019 was post-loss assignment of benefits reform. He stated he wanted a frank and honest discussion of the issue. He further…
By: Katrina Callaway, FIC General Counsel The state’s recovery from Hurricane Michael related to insurance was discussed by the Senate Banking and Insurance Committee during their first committee hearing held on January 7, 2019. No action was taken by the Committee. The committee heard from the following: Office of Insurance Regulation Department of Financial Services…
By: Greenberg Traurig The Senate Health Policy Committee met on January 7, 2019 to hear: Medicaid Update – Agency for Health Care Administration and Opioid Update – Department of Health. The meeting packet can be found here. Medicaid Update – Agency for Health Care AdministrationDeputy Secretary for Medicaid Beth Kidder Summary Ms. Kidder went over…
By: Katrina Callaway, FIC General Counsel Starting January 1, 2019, property insurers must include a new notice relating to law and ordinance coverage and flood coverage on initial and renewal policies. The new notice is the result of HB 1011 passed during the 2018 Session that takes effect on January 1, 2019. The new required…
Systemic abuse of assignment of benefits (AOB) agreements is one of the top insurance issues as Florida enters the 2019 Legislative Session. Join Florida Insurance Commissioner David Altmaier at the 2019 OIR Summit for an inside look into one of this year’s hottest topics. The Florida’s Regulatory Landscape and Addressing the AOB Crisis session is…