CFO Jimmy Patronis Applauds Legislation to Prohibit Use of DNA Testing by Life Insurance Companies
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FIC: Asbestos Trust Claim Bill Passes First Committee
By: Katrina Callaway, FIC General Counsel A tort reform bill relating to asbestos trust claims putting the business and insurance communities against the trial bar passed its first House committee on January 16, 2020 when the House Civil Justice Subcommittee approved HB 741 with a partyline vote of 10-5. One clarifying amendment was adopted to the…
Rep. Jay Trumbull Protecting Constituents First
FOR IMMEDIATE RELEASE: January 13, 2020 Contact: Patti Butchikas / Phone: (850) 914-6300 / Patti.Butchikas@myfloridahouse.gov Panama City, FL – Rep. Jay Trumbull Puts Constituents First; Unveils Consumer-Focused, Free-Market Property Insurance Reform Legislation While thousands of victims of Hurricanes Irma and Michael still have open insurance storm-related claims, Rep. Jay Trumbull of Panama City today announced…
FIC: Loss Run Statement Bill Clears Final House Committee With Change To Apply To Life & Health
By: Katrina Callaway, FIC General Counsel During its meeting on January 16, 2020, the House Commerce Committee unanimously passed the loss run statement bill, HB 269, with a strike all amendment to bring the House bill in line with the Senate companion. The bill requires virtually all insurers, including surplus lines, to provide a free…
FIC: FIGA and FWCIGA Bill Passes Last House Committee
By: Katrina Callaway, FIC General Counsel A bill (HB 329) primarily clarifying how FIGA and FWCIGA levy assessments against insurers passed its last House committee on January 16, 2020 without amendment. The bill will be heard next on the floor when it is calendared by the Rules Committee. The bill is supported by the guaranty…
FIC: Genetic Testing Bill Passes – Now In Last House Committee
By: Katrina Callaway, FIC General Counsel The House genetic testing bill (HB 1189) unanimously passed its first committee, Health and Human Services, on January 16, 2020 without amendment. There were also no questions or debate from committee members. The bill now heads to its last committee stop, the Commerce Committee. Essentially the bill prohibits life…
FIC: Trade Secret Protection Revamp Moves In House – Applies To Info At OIR and DFS
By: Katrina Callaway, FIC General Counsel HB 799 and HB 801 revamp Florida’s trade secret protection laws. On January 16, 2020, they were heard for the first time in committee and passed. One technical amendment was adopted to HB 801, but it was not insurance-related. The bills have two committees left. HB 801 repeals most…
FIC: Omnibus Starts Moving In House With CRNs, FNOL, ALI, Deemer, Comp PayPal & Other Provisions
By: Katrina Callaway, FIC General Counsel HB 359, one of the omnibus insurance bills, started moving in the House on January 15, 2020 when the House Insurance and Banking Subcommittee approved an amended committee substitute after a lengthy debate about an amendment to put language addressing the use of the American Law Institute (ALI) treatise…
FIC: FIGA Condo Association Coverage Increases Under Bills Moving In House and Senate
By: Katrina Callaway, FIC General Counsel Bills increasing the FIGA coverage limit and the FIGA emergency assessment maximum for condominium association and homeowners’ association FIGA claims started moving in the House and Senate on January 15, 2020 when they passed their first House and Senate committees. The bills were supported by various condo association trade…