Florida Insurance Council - Covering Florida Since 1962
By: Katrina Callaway, FIC General Counsel During its March 19, 2019 meeting, the House Insurance and Banking Subcommittee approved the House AOB bill, HB 7065, by a vote of 14-1. The bill is sponsored by Rep. Rommel (R), the chair of the Civil Justice Subcommittee. Two clarifying amendments were adopted and one amendment was…
By: Katrina Callaway, FIC General Counsel The Senate Judiciary Committee approved the property and autoglass AOB bill with a substitute strike all amendment (amendment #748114) during its meeting on March 18, 2019. The vote was 5-1. The amendment adopted made numerous technical changes to the bill. It was sponsored by Sen. Broxson (R), who is…
By: Katrina Callaway, FIC General Counsel A glitch bill making a technical change to last year’s bill requiring flood disclosure on homeowner’s policies cleared its first House committee unanimously on March 7, 2019. The only amendment adopted to the bill narrowed the title of the bill. HB 617 clarifies that the flood disclosure currently required…
By: Katrina Callaway, FIC General Counsel The House moved their committee bill (PCB CJS 19-01) dealing with assignment of benefits out of the House Civil Justice Subcommittee on March 6, 2019 with a vote of 13-2. The bill was presented by Rep. Rommel (R), the subcommittee chair, and was not amended. The bill applies…
FOR IMMEDIATE RELEASE: March 6, 2019Contact Info: Karen Kees, (850) 413-2515, press@floir.com Commissioner David Altmaier: AOB Reform Critical for Florida’s Future TALLAHASSEE, Fla. – Insurance Commissioner David Altmaier issued the following statement following the passage of PCB CJS 19-01, regarding assignment of benefits (AOB), by the House Civil Justice Subcommittee: Commissioner Altmaier said:“AOB abuse has…
By: Katrina Callaway, FIC General Counsel During its meeting on March 5, 2019, the House Commerce Committee passed HB 387, a bill dealing with surplus lines. The bill was not amended. The bill: Continues to allow a per-policy fee charged by surplus lines agent but removes the $35 limit and requires fees to be…