FIC: Construction Defect Bill Effective July 1

By:  Katrina Callaway, FIC General Counsel HB 875 takes effect on July 1, 2018.  The bill passed during the 2018 legislative session and further clarifies when the date of completion of a construction contract is for purposes of both the statute of limitations and statute of repose.  It provides that a construction contract is complete…

FIC: Advertising Gift Expansion Bill Signed By Governor

By:  Katrina Callaway, FIC General Counsel Last week, Florida Governor Rick Scott signed HB 483 into law.  Starting July 1, 2018, insurers and insurance agents will be allowed to give additional types of promotional and advertising gifts to insureds, prospective insureds, or others.  Store gift cards, gift certificates, event tickets, goods, wares, anti-fraud or loss…