Florida Insurance Council - Covering Florida Since 1962
By: Katrina Callaway, FIC General Counsel The Senate Appropriations Committee passed the substantive DFS fraud bill, SB 1012, and a public records bill relating to the DFS fraud bill, SB 1014, on April 25, 2017. This was the last committee stop for both bills, so they will be heard on the Senate floor when set…
By: Sam Miller, FIC ConsultantHB 1007 Insurer Anti-Fraud Efforts — by RascheinAmendment 565543 [PDF] Beshears HB 1009 Pub. Rec./DFS/Insurance Fraud Information — by Raschein With only two weeks remaining in the 2017 regular session, the insurance fraud package (CS/CS/CS/HB 1007) from the Department of Financial Services’ Division of Investigative and Forensic Services is moving right…
By: Katrina Callaway, FIC General Counsel HB 1271, a bill designed to move more construction defect claims to settlement via mediation, was unanimously approved by its last House Committee, Judiciary, on April 20, 2017. It will now be heard on the House floor when set by the Rules Committee. The Senate companion bill, SB 1164,…
By: Katrina Callaway, FIC General Counsel HB 1029 allows insurers to give insureds, prospective insureds, or others more advertising or promotional items with a higher value than allowed under current law. The bill was approved unanimously by the full House on April 20, 2017. It now goes to the Senate for consideration and approval. …
By: Sam Miller, FIC Consultant The Department of Financial Services insolvency package (CS/SB 730), including portions of the NAIC Receivership Model Act, was approved April 19 by the Senate Rules Committee and forwarded to the full Senate, with an amendment making it identical to the House package and giving it a solid shot at final…
By: Katrina Callaway, FIC General Counsel HB 1029 allows insurers to give insureds, prospective insureds, or others more advertising or promotional items with a higher value than allowed under current law. The bill was heard for the first time on the House floor on April 19, 2017 and moved to a vote the next time…
By: Sam Miller, FIC Consultant SB 1012 Investigative and Forensic Services — by BrandesHB 1007 Insurer Anti-Fraud Efforts — by RascheinAmendment 252571 [PDF] Raschein A Senate Appropriations subcommittee on April 18 approved the main insurance fraud package which has been under development by the Department of Financial Services. It expands insurance fraud reporting and investigations.…
By: Sam Miller, FIC Consultant HB 1007 Insurer Anti-Fraud Efforts — by RascheinAmendment 252571 [PDF] RascheinSB 1014 Public Records/Division of Investigative and Forensic Services of the Department of Financial Services — by Brandes Various pieces of the Department of Financial Services’ package expanding insurance fraud reporting and investigations were approved by House & Senate committees…
By: Katrina Callaway, FIC General Counsel SB 1032 allows insurers to give insureds, prospective insureds, or others more advertising or promotional items with a higher value than allowed under current law. The bill passed its second committee, Senate Commerce and Tourism, on April 17, 2017 with a delete everything amendment to move the Senate bill…
By: Katrina Callaway, FIC General Counsel SB 730, the DFS agency package that cleans up rehabilitation and liquidation provisions in current law moved to its last Senate committee on April 13, 2017. The Senate Appropriations Committee approved the bill without amendment and sent it to the Rules Committee. This bill is very likely to…