Florida Insurance Council - Covering Florida Since 1962
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…
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…