Florida Insurance Council - Covering Florida Since 1962
By: Sam Miller, FIC Consultant SB 340 Transportation Network Companies — by BrandesLee amendment which was withdrawn: 761146 PDF HB 221 Transportation Network Companies — by SprowlsHOUSE Read Third Time; Passed (Vote: 115 Yeas / 0 Nays) “The end of the runway” is in sight” after four years of struggle, Sen. Jeff Brandes said, as…
By: Katrina Callaway, FIC General Counsel As expected, the full House approved the TNC regulation bill (HB 221) on April 5, 2017. The vote was 115-0. The bill now goes to the Senate for approval. The Senate bill, which is identical, is scheduled to be heard in its last committee on April 6, 2017. …
By: Katrina Callaway, FIC General Counsel The full House heard the TNC regulation bill on April 4, 2017. A delete everything amendment was adopted to conform the House bill to the Senate bill. A technical amendment to the delete everything amendment was also adopted. The House is expected to vote on the bill and…
By: Katrina Callaway, FIC General Counsel The Senate Banking and Insurance Committee approved SB 1316 on April 3, 2017 with one amendment to essentially conform the Senate bill with the House bill. The bill allows auto insurers to opt out of auto preinsurance inspections. To opt out, the insurer must file a manual rule with…
By: Katrina Callaway, FIC General CounselThe House postponed consideration of the TNC bill, HB 221, by the full House on March 29, 2017. We believe the bill was postponed because Florida’s CFO, Jeff Atwater, wants the TNC enforcement provisions given to him in the bill amended to require enforcement actions be pursued initially in an…
By: Katrina Callaway, FIC General Counsel The Senate TNC bill, SB 340, was approved by its second committee on March 28, 2017 with one amendment relating to uninsured motorist coverage under the bill that the amendment sponsor said was an agreement between the stakeholders. Both the House and Senate bills are a comprehensive TNC…
By: Katrina Callaway, FIC General Counsel With the bill sponsor saying she would consider bad faith reform in her PIP repeal bill but only if a rate rollback was also included, the House Insurance & Banking Subcommittee passed the proposed committee substitute for HB 1063 with a technical amendment. The Subcommittee spent over an hour…
By: Katrina Callaway, FIC General Counsel Currently, preinsurance motor vehicle inspections are only required in seven counties in Florida. A recent study of the preinsurance inspection program by the Department of Financial Services (DFS) found the program cost insurers over $12M and reduced premiums for policyholders only by $35,640, a bad return on investment for…
By: Sam Miller, FIC Consultant With Sen. Dennis Baxley conceding he was a habitual violator but not any more, the Senate Transportation Committee March 22 voted for primary enforcement of Florida’s ban on texting while driving. This is the second Senate committee to endorse the bill, with two more scheduled to review it, including the…
By: Katrina Callaway, FIC General Counsel Insurers’ participation in an auto insurance online verification system would be mandatory under a bill approved by a House subcommittee on March 21, 2017. The bill, HB 913, passed its first committee with a delete everything amendment that was primarily technical in nature and requested by the Department of…