CFO Jimmy Patronis Appoints Tasha Carter as Florida’s Insurance Consumer Advocate
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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…
FIC: Omnibus Insurance Bill With Life Lapse, FHCF LAE, And CRN Signed By Governor
By: Katrina Callaway, FIC General Counsel The insurance omnibus insurance bill (HB 301) was signed by Governor DeSantis on June 18, 2019. The bill contains insurance issues related to property, auto, liability, workers’ compensation, surplus lines property, health, and life as follows: Civil Remedy Notice Prevents a civil remedy notice from being filed within 60…
FIC: Omnibus Insurance Bill With Life Lapse, FHCF LAE, And CRN Signed By Governor
By: Katrina Callaway, FIC General Counsel The insurance omnibus insurance bill (HB 301) was signed by Governor DeSantis on June 18, 2019. The bill contains insurance issues related to property, auto, liability, workers’ compensation, surplus lines property, health, and life as follows: Civil Remedy Notice Prevents a civil remedy notice from being filed within 60…
FIC: Dangerous Instrumentality Bill Signed
By: Katrina Callaway, FIC General Counsel SB 862, a tort reform bill dealing with the dangerous instrumentality doctrine, was signed by Governor DeSantis on June 18, 2019 and takes effect on July 1, 2019. The bill is in response to a 2018 Florida Supreme Court decision which expanded the dangerous instrumentality doctrine to hold…
FIC: Dangerous Instrumentality Bill Signed
By: Katrina Callaway, FIC General Counsel SB 862, a tort reform bill dealing with the dangerous instrumentality doctrine, was signed by Governor DeSantis on June 18, 2019 and takes effect on July 1, 2019. The bill is in response to a 2018 Florida Supreme Court decision which expanded the dangerous instrumentality doctrine to hold…
FIC: Construction Defect Change Approved By Governor
By: Katrina Callaway, FIC General Counsel Language in a large construction bill relating to construction defect claims was approved by Governor DeSantis on June 7, 2019 when he signed HB 447. Starting July 1, 2019, the language provides that a notice of claim pursuant to chapter 558 does not toll any statute of repose.