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House Bill 165 has passed both chambers of the legislature and will be presented to Governor Scott. The bill addresses a variety of topics related mainly to property and casualty insurance. Among these provisions, the bill would simplify the notice requirement applicable to residential property and casualty insurance. The bill establishes a uniform 120-day period […]
As 2014 comes to a close, several of the issues that commanded considerable attention during the year reached their resolution and set the framework for 2015 ahead. When we all return from the holidays, the legislative committee weeks will be upon us and the 2015 legislative session will begin before we know it. However, before […]
The Florida Office of Insurance Regulation has issued an order establishing the 2015 rates for Citizens Property Insurance Corporation’s personal lines programs. The statewide average homeowners rate decrease is 3.7%, which is a slightly greater reduction than the 3.4% decrease filed by Citizens. The OIR’s order sets rates for Citizens Homeowners’, Dwelling Fire, Mobile Homeowners and Mobile Homeowners Physical Damage policies. […]
The firm’s legislative edition of the Florida Insurance Report is under development and will be available soon. The report will provide a summary of the major insurance bills that passed in the 2013 session, and those that were heavily debated but did not survive at the end. The report is available by mail simply by […]
Governor Rick Scott has signed HB 1101 into law, and it has become Chapter Law 2012-151. This is the insurance “train” bill that picked up a wide variety of insurance-related measures as it progressed through the 2012 regular legislative sesion. The new law is varied in its impact on the Florida Insurance Code. It contains […]
The 2012 legislative session is rapidly drawing to a close– at least the regular session, anyway. The session is scheduled to end tonight, and lawmakers will work at a frenzied pace to address bills that are bouncing back and forth between the chambers. No Florida session would be complete without a property and casualty insurance […]
The legislature passed HB 445 during the 2011 session creating an exception to unfair insurance trade practices statutes allowing health insurers and HMOs to offer rewards or incentives for wellness or health improvements. The incentives may take the form of merchandise, gift cards, debit cards, premium discounts, contributions to HSAs or similar items. Governor Rick […]
In the last weeks of the 2011 legislative session, HB 1087 picked up a number of amendments that resulted in its becoming the insurance “train” bill for this year. Governor Scott has now signed this bill into law. Most of its provisions become effective July 1, 2011, although some provisions are effective immediately. For a summary […]
The Florida legislature passed SB 408 on Thursday reflecting an effort to address concerns in the property insurance market. Although in some cases weeks can pass before a bill is formally presented to the Governor for action, that will not be the case with SB 408. The bill has already been presented to Governor Scott […]
