Florida Insurance Council - Covering Florida Since 1962
By: Katrina Callaway, FIC General Counsel The House Select Committee on Hurricane Response and Preparedness adopted its final report during its final committee meeting on January 16, 2018. The report is here starting at page 3 and is the result of hours of public testimony taken by the Committee on problems and solutions from Florida’s…
By: Katrina Callaway, FIC General Counsel On January 12, 2018, the Office of Insurance Regulation issued a report on water claims and AOB use. That report follows the OIR report on the same topic issued in February 2016. The new report is based on claims data from January 1, 2015 – June 30, 2017…
The Florida House passed their AOB bill, HB 7015, today by a vote of 82-20. A copy of the bill that passed and the staff analysis are attached. The bill will now go to the Senate for consideration. We anticipate the Senate will not act on the House bill until their AOB bill gets…
TALLAHASSEE, Fla. (Jan. 12, 2018)–The Consumer Protection Coalition (CPC) today described the House’s passage of an Assignment of Benefits (AOB) bill as an important step in protecting consumers and urged the Senate to step up and follow suit. The CPC applauded the House for approving House Bill 7015 by Rep. Jay Trumbull to curb AOB…
By: Katrina Callaway, FIC General Counsel On January 11, 2018, the House AOB bill, HB 7015, was heard on the floor for the first time and rolled to third reading. The earliest the House can vote on the bill is January 12, 2018, the next time the House is in session. No floor amendments were…
TALLAHASSEE, Fla. (Jan. 10, 2018)–The Florida House is sending a clear message early in the legislative session that Assignment of Benefits (AOB) abuse is hurting consumers and must be addressed immediately. Now is the time for the Senate to follow the House’s lead and do what is right for Florida’s consumers. The Consumer Protection Coalition…
By: Katrina Callaway, FIC General Counsel A bill to provide more disclosure to homeowners about the lack of flood coverage in their property insurance policy passed its first House committee on January 10, 2018. A strike all amendment (#818499) and two technical amendments to the strike all (#193917 and #302883) were adopted by the…
By: Katrina Callaway, FIC General Counsel SB 7012 reenacts and saves from repeal the public records exemption in current law for proprietary business information provided by insurers in the private market to Citizens Property Insurance Corporation for use in the Citizens Clearinghouse. The information is provided by insurers to the Citizens Clearinghouse and used to…
By: Katrina Callaway, FIC General Counsel A property insurance bill, SB 1652, filed by Sen. Tom Lee (R- Brandon) on January 5, 2018 requires insurers to inspect hurricane damaged property within 45 days of notice of the claim, restricts an insurer’s ability to deny or limit payment of hurricane related claims, and restricts an insurer’s…
By: Katrina Callaway, FIC General Counsel A third AOB bill emerged in the Senate on December 7, 2017. The bill, SB 1168, was filed by Sen. Steube who was tasked by Senate President Negron to handle the AOB issue in the Senate this year. Previously filed AOB bills are: SB 62 by Sen. Hukill…