Florida Insurance Council - Covering Florida Since 1962
By: Katrina Callaway, FIC General Counsel A bill designed to provide clarification as to when the statute of limitation and statute of repose start for construction defect claims by defining when the construction contract is considered complete is expected to be passed by the House on March 30, 2017. The bill, HB 377, was heard…
By: Katrina Callaway, FIC General Counsel On March 29, 2017, the full House heard the homeowners’ policy transfer bill and moved the bill for a vote which should occur on March 30, 2017. The bill, HB 805, was amended on the floor. The amendment made a clarifying change to the bill, but did not change…
By: Katrina Callaway, FIC General Counsel A bill, HB 421, to expand entities allowed to participate in public housing self-insurance funds (SIFs) passed its last House committee, House Commerce, on March 29, 2017 with a delete everything amendment. The bill will be heard on the House floor when set by the Rules Committee. The Senate…
By: Katrina Callaway, FIC General Counsel On March 28, 2017, House and Senate committees approved bills changing the adoption of the Florida Building Code. The bills are a priority of the homebuilders and are also supported by the roofers, air conditioner contractors, sheet metal contractors, electrical contractors, roof deck contractors, and other contractors. The bills…
By: Sam Miller, FIC Consultant Legislation simplifying the transfer of residential insurance policies to a parent insurer or other company –similar to the law on auto policies now – was approved by the Senate Commerce & Tourism Committee March 27. The House bill is scheduled for the full House March 29. The legislation would make…
By: Sam Miller, FIC Consultant SB 850 Public Housing Authority Insurance — by RousonRouson amendment: PDF Legislation expanding groups allowed to form a public housing authority self-insurance fund was approved by the Senate Banking & Insurance Committee March 27. It now has cleared insurance committees in the House and Senate, although it still is before…
By: Katrina Callaway, FIC General Counsel On March 22, 2017, the House Commerce Committee approved, HB 805, which simplifies the transfer of residential insurance policies from a “pup” to the parent company. The bill was amended to conform it to the Senate bill and will now be heard on the House floor when scheduled by…
By: Sam Miller, FIC Consultant A second key legislative committee in 24 hours has approved a plan to simplify the transfer of residential insurance policies from a “pup” to the parent company or other transfers. There are major differences in the House and Senate proposals. The House plan (HB 805) passed the House Appropriations Committee…
By: Katrina Callaway, FIC General Counsel A Senate committee bill opposed by the insurance industry and others to repeal the International Code (I Code) as the baseline building code in Florida and make the current Florida Building Code the baseline code passed its second committee on March 15, 2017. Although the bill was passed by…
By: Katrina Callaway, FIC General Counsel House bill 421 expands entities allowed to form a public housing authority self-insurance fund. It unanimously passed its second committee on March 15, 2017 and has one committee left. The bill is sponsored by Rep. Sean Shaw, a former Consumer Advocate with the Department of Financial Services. The…