Florida Insurance Council - Covering Florida Since 1962
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)…
By: Katrina Callaway, FIC General Counsel The Senate added its personal delivery drone bill, SB 460, to SB 832, another drone bill, in the Rules Committee on April 25, 2017. The personal delivery drone language added to SB 832 authorizes the operation of personal delivery devices (PDDs) unless prohibited by local ordinance. The language…
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…