Florida Insurance Council - Covering Florida Since 1962
By: Greenberg Traurig The Senate Banking & Insurance Committee passed the blockchain work group bill on March 18, 2019. Following are notes on the committee meeting prepared by Greenberg Traurig: SB 1024 Blockchain Technology by Sen Gruters PASSED SummarySB 1024 establishes the Florida Blockchain Working Group comprised of government and industry representatives to study the ways…
By: Katrina Callaway, FIC General Counsel HB 759 and HB 761 revamp Florida’s trade secret protection laws. They passed their second committee on March 14, 2019 without amendment. The bills are now in its last House committee. The Senate companion bills (SB 1414 and SB 1416) are similar and have not yet been heard in…
By: Katrina Callaway, FIC General Counsel Committees in the House and Senate approved each chamber’s insurance omnibus bill during meetings this week. The Senate advanced their insurance omnibus bill (SB 714) on March 11, 2019 after amending it. Two days later, the House advanced their bill (HB 301) after amending the civil remedy notice…
By: Katrina Callaway, FIC General Counsel Business groups and the trial bar are sparring over a bill about Florida’s dangerous instrumentality law. Part of the bill will shield companies that lease certain mobile equipment from liability for damages caused by the equipment if the lessee has insurance in the required amounts. The impetus for HB…
By: Katrina Callaway, FIC General Counsel During its meeting on March 11, 2019, the Senate Banking and Insurance Committee passed SB 538, a bill dealing with surplus lines, with one amendment. The amendment removed the section of the bill that dealt with which surplus lines premium tax rate Florida insureds paid when the insured…
By: Katrina Callaway, FIC General Counsel Business groups are pitted against the trial bar on a bill about Florida’s dangerous instrumentality law. Part of the bill will shield companies that lease certain mobile equipment from liability for damages caused by the equipment if the lessee has insurance in the required amounts. The impetus for HB…
By: Katrina Callaway, FIC General Counsel HB 759 and HB 761 revamping Florida’s trade secret protection laws passed its first committee on March 6, 2019 without amendment. The Senate companion bills (SB 1414 and SB 1416) are similar and have not yet been heard in committee. HB 759 repeals most of the public records exemptions…
By: Katrina Callaway, FIC General Counsel SB 780 increases the salary of JCCs to the salary of a county court judge with the Chief Judge making $1,000 more. The bill also requires the JCC salaries to be paid out of the Workers’ Compensation Administration Trust Fund. The bill unanimously passed its first Senate committee…
By: Katrina Callaway, FIC General Counsel During its meeting on February 20, 2019, the House Insurance and Banking Subcommittee passed HB 387, a bill dealing with surplus lines. One amendment (PDF) was adopted to the bill. As amended, the bill: Continues to allow a per-policy fee charged by a surplus lines agent, but removes the…
By: Katrina Callaway, FIC General Counsel During its committee meeting on February 13, 2019, the House Insurance and Banking Subcommittee passed a committee substitute for HB 301 (PCS), the House omnibus insurance bill by a vote of 9-4. The “no” votes on the bill were due to the changes made to the bill to the…