FIC: Consumer Protection Bills With Property Claims Handling and Surplus Lines Changes Move In House And Senate

By:  Katrina Callaway, FIC General Counsel On January 28, 2020, House and Senate committees approved the DFS Consumer Protection bills, HB 1137 and SB 1492.   A strike all amendment (678807) was approved for the House bill.  The amendment alleviates some of the concerns about the bill raised by property insurers, however, some problems still…

FIC: Public Records Exemption For ORSA, Corporate Governance and Other Records Starts Moving In House

By:  Katrina Callaway, FIC General Counsel HB 1409 creates a public records exemption for certain sensitive business information held by the Department of Financial Services (DFS) which is protected from public records disclosure requirements if held by the Office of Insurance Regulation (OIR). Disclosure of the exempted information, which includes Own-Risk and Solvency Assessment (ORSA)…

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…