Florida Insurance Council - Covering Florida Since 1962
By: Katrina Callaway, FIC General Counsel An insurance omnibus bill was filed last week in the House. HB 301 is sponsored by Rep. Santiago (R), the sponsor of last year’s insurance omnibus bill. A Senate companion has not yet been filed. Although there are several property insurance issues contained in the bill, the following three provisions…
By: Katrina Callaway, FIC General Counsel The House Insurance and Banking Subcommittee held their first committee meeting on January 10, 2019. During the meeting, the committee heard presentations from various stakeholders about property insurance. The presentations provided to the committee can be viewed here. The committee heard from the following presenters: Office of Insurance Regulation…
By: Greenberg Traurig The Senate Community Affairs Committee met on January 8, 2019 to hear a presentation on the Florida Building Code. Following are notes on the presentation prepared by staff of the Greenberg Traurig law firm. Presentation on the Florida Building Code by the Florida Building Commission By Tom Campbell- Executive Director for the…
By: Katrina Callaway, FIC General Counsel During the first meeting of the Senate Banking and Insurance Committee, committee chairman Sen. Doug Broxson (R) announced to the committee that one of his priority issues for 2019 was post-loss assignment of benefits reform. He stated he wanted a frank and honest discussion of the issue. He further…
By: Katrina Callaway, FIC General Counsel The state’s recovery from Hurricane Michael related to insurance was discussed by the Senate Banking and Insurance Committee during their first committee hearing held on January 7, 2019. No action was taken by the Committee. The committee heard from the following: Office of Insurance Regulation Department of Financial Services…
By: Katrina Callaway, FIC General Counsel Starting January 1, 2019, property insurers must include a new notice relating to law and ordinance coverage and flood coverage on initial and renewal policies. The new notice is the result of HB 1011 passed during the 2018 Session that takes effect on January 1, 2019. The new required…