The Florida legislature passed House Bill 273 in the 2015 regular session allowing the electronic delivery of personal lines insurance documents. The bill has been approved by the Governor and is now reflected in Chapter Law 2015-170. The new law amends section 627.421, Florida Statutes, to provide that personal lines policyholders may affirmatively elect to […]
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 […]
The so-called omnibus bill (HB 635) has passed the House of Representatives by a 100-17 margin and has been referred to the Florida Senate. The bill addresses a wide range of insurance matters, consisting primarily of issues that generally are thought not to be controversial. The range of issues covered by the bill includes: Extending […]