FIC: Insolvency Bill Should Pass

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…

FIC: Fraud Bill Readies for House Passage

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…

FIC: Construction Defect Bill In Position to Pass

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…

FIC: House Passes Omnibus Insurance Package

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…

FIC: House Passes DFS Insolvency Bill 117-0

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.…

FIC: 2017 Insurance Fraud Package Moving to House, Senate Floors

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…