Florida Insurance Council - Covering Florida Since 1962
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…
By: Katrina Callaway, FIC General Counsel The Senate AOB bill that deals with property and auto glass AOBs made it out of the Banking and Insurance Committee on March 4, 2019 with a 5-3 vote after it was substantially revamped by a strike all amendment (306982) sponsored by the Sen. Broxson (R), who is also…
By: Katrina Callaway, FIC General Counsel A strike all amendment to the Senate AOB bill, SB 122, was released Friday afternoon. The amendment (link #306982) was filed by Sen. Broxson, the bill sponsor, and is the result of discussions with other Senators and the industry. Additional changes could be made at later committee stops. The…
By: Katrina Callaway, FIC General Counsel A bill making a technical change to last year’s bill requiring flood disclosure on homeowner’s policies cleared its first Senate committee unanimously on February 19, 2019. The only amendment adopted to the bill narrowed the title of the bill. SB 380 clarifies that the flood disclosure currently required by…
By: Katrina Callaway, FIC General Counsel After an hour and a half of discussion, debate, and testimony and after disposing of eight amendments, a vote on the Senate AOB bill, SB 122 was postponed. Had a vote been taken, the bill would have died on a 4-4 vote. Sen. Lee (R) was the swing…
By: Katrina Callaway, FIC General Counsel AOB was discussed in the House for the first time this year during this week’s House Civil Justice Subcommittee meeting. The meeting was intended to provide the Subcommittee with background information about water loss claims, AOB use, and litigation. No legislation was discussed. The Subcommittee ran out of time…