Florida Insurance Council - Covering Florida Since 1962
By: Sam Miller, FIC Consultant Sen. Kathleen Passidomo was concerned about one remaining issue involving punch lists, but that apparently will be put off for another time, and the Senate May 4 prepared to give final approval to a House-passed bill clarifying when the statute of limitation and statute of repose begin for construction defect…
By: Katrina Callaway, FIC General Counsel On May 3, 2017, the Senate added provisions regulating sidewalk drones/personal delivery devices (PDDs) to the House airborne drone bill, HB 1027. One of the PDD provisions added relates to insurance. This provision requires a PDD operator to maintain an insurance policy that provides general liability coverage of at…
By: Katrina Callaway, FIC General Counsel The Department of Financial Services (DFS) insolvency package, HB 837, passed the Legislature on May 3, 2017 and will now be sent to the Governor for approval. The House passed the bill on April 26, 2017 and the Senate passed it on May 3, 2017. The bill is…
By: Katrina Callaway, FIC General Counsel On April 26, 2017, the Florida House passed the Department of Financial Services (DFS) insolvency package, HB 837. The Senate took up the bill on May 2, 2017, substituted the House bill for the Senate bill, and did not amend the House bill. The Senate is expected to vote…
By: Sam Miller, FIC Consultant The House May 2 approved 119-0 the Department of Financial Services’ package (HB 1007 E1) to enhance the insurance fraud fight and an accompanying public records confidentiality bill (HB 1009). Because the House and Senate bills are significantly different, an agreement for the content of the bills must be worked…
By: Katrina Callaway, FIC General Counsel The House is poised to pass the substantive DFS fraud bill, HB 1007, and a public records bill relating to the DFS fraud bill, HB 1009, the next time they are in Session which is May 2, 2017. An amendment relating to HMOs selling Medicare Advantage plans was added…
By: Katrina Callaway, FIC General Counsel A bill designed to provide clarification as to when the statute of limitation and statute of repose start for construction defect claims by defining when the construction contract is considered complete passed the House on March 30, 2017 by a vote of 114-0. The Senate companion bill, SB…
By: Sam Miller, FIC Consultant The Florida House on April 26 passed 117-0 this year’s omnibus insurance package (HB 359 E1), a compilation of changes to numerous lines of insurance. The package goes to the Senate, which has been developing a somewhat difference package (CS/CS/SB 454).The Senate bill still has one more committee reference, Senate…
By: Sam Miller, FIC Consultant The Florida House passed 117-0 on April 26 the Department of Financial Services insolvency package (CS/CS/HB 837), with no amendments and no opposition. The package now goes to the Senate, where similar legislation (SB 730) has moved through all of its assigned committees and should go to the floor soon.…
By: Sam Miller, FIC Consultant HB 837 Insurer Insolvency — by Raburn The full House took up on April 25 the Department of Financial Services insolvency package (CS/CS/HB 837), with no amendments and no opposition. This comes up for a final vote April 26 and will go to the Senate, where similar legislation (SB 730)…