News & Updates

Florida House of Representatives

Governor Scott Fills LG Vacancy

Governor Scott Fills LG Vacancy

Governor Scott has filled a 10-month vacancy in the Lieutenant Governor position by naming Carlos Lopez-Cantera to the post.  Lopez-Cantera previously served eight years in the Florida House of Representatives and was the Republican majority leader.  Since leaving the House, Lopez-Cantera has been the Miami-Dade County property appraiser. The Lieutentant Governor position has been vacant […]

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Your Population Program is Better Than Your Depopulation Program

Your Population Program is Better Than Your Depopulation Program

As the 2013 legislative session approaches, the respective insurance committees of the Florida Senate and House of Representatives are beginning to address issues related to Citizens Property Insurance Corporation.  Citizens continues to take on 8000 new policies a week, and notwithstanding substantial depopulation activity late this year its policy count will drift back up as […]

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Cat Fund Revisions Fall Short

Cat Fund Revisions Fall Short

The Florida legislature did not adopt proposed changes to the size of the Florida Hurricane Catastrophe Fund during the 2012 session.  Jack Nicholson of the FHCF developed a proposal he referred to as “right-sizing” the cat fund to ensure it has access to enough resources to pay promised reimbursements without regard to poor global market […]

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Reform for PIP Squeaks Through on Final Day of Session

Reform for PIP Squeaks Through on Final Day of Session

After intense debate throughout the 2012 legislative session, the Florida House of Representatives and Senate reached a compromise on reforms for Florida’s Personal Injury Protection (PIP) auto insurance system.  The bill and its reform proposals were the subject of considerable analysis and discussion prior to the session and throughout its two-month term.  Insurance Commissioner Kevin […]

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Special Session on Redistricting Next Week

Special Session on Redistricting Next Week

The Florida legislature wrapped up its 2012 regular session yesterday, but they’ll be back next week for a special session on redistricting.  Just as the session was wrapping up, lawmakers learned that the Florida Supreme Court rejected the newly drawn Senate districts by a 5-2 vote.  The Court approved the House plan.  This means the […]

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Citizens Assessment Revision in Hands of Senate

Citizens Assessment Revision in Hands of Senate

The Florida House of Representatives has advanced HB 1127 by a vote of 89-25, sending it to the Senate for consideration.  This is the bill that would decrease the reliance of Citizens Property Insurance Corporation on regular assessments, shifting instead to more of an emergency assessment-based approach.  This is a rare bill in which Citizens, […]

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Insurance & Banking Subcommittee to Review FHCF Proposal

Insurance & Banking Subcommittee to Review FHCF Proposal

The Insurance & Banking Subcommittee of the Florida House of Representatives is scheduled to hold a workshop today to consider proposals for shrinking the Florida Hurricane Catastrophe Fund.  Jack Nicholson of the FHCF has advanced a proposal that will reduce the size of the FHCF, increase the industry’s retention, and increase the cost of FHCF […]

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