News & Updates


House Committee Takes Up Range of Insurance Bills

House Committee Takes Up Range of Insurance Bills

The House Insurance Committee is scheduled to hear several insurance bills in a meeting today:

HB 53 would apportion part of the Florida Hurricane Catastrophe Fund’s investment income to the Florida Catastrophic Storm Risk Management Center associated with Florida State University.

HB 119 would amend the definition of assets at Section 625.012, Florida Statutes, to specify that an insurance guaranty association assessment resulting in a receivable that is likely to be collected by an insurer constitutes an asset.

HB 221 relates to long term care insurance forms.

HB 233 would specify that the failure of a policy to include a countersignature does not affect its validity.

HB 273 authorizes an insurer to allow personal lines policyholders to elect electronic delivery of documents in lieu of mailing.

HB 4011 seeks to delete the exclusion of policies covering more than four vehicles in the definition of “motor vehicle insurance.”