FIC: OIR Rule For Commercial General Liability Payment of Defense Costs Moves Closer To Repeal
By: Katrina Callaway, FIC General Counsel During the Cabinet meeting on July 25, 2019, the Florida Cabinet, sitting as the Financial Services Commission (FSC), approved the OIR to publish a repeal of the current rule that requires commercial general liability contracts to include defense costs within the liability limits of the contract (Rule 69O-167.007). In…