Viewpoint: Impact of Florida Tort-Reform Bill Becomes Clear, But Litigation Expected
Florida Legislature, tort reform, HB 837, Insurance Regulation
News & Updates
Florida Legislature
Law Changes to Bring Insurance Rules
The Florida Legislature increased regulatory oversight over the insurance industry in its insurer accountability bill (SB 7052) as summarized separately in this report. The law changes will require the Office of Insurance Regulation to adopt a series of administrative rules. In several cases, the rulemaking process should result in rule workshops this summer as the […]
Insurer Accountability Bill Increases Regulatory Requirements
The 2023 Florida Legislature passed SB 7052, commonly referred to as the insurer accountability bill. The bill came as a surprise to some after the legislature adopted meaningful property insurance reforms in a December 2022 special session and enhanced those reforms earlier in the 2023 session. Some observers commented that SB 7052 will reduce the […]
How will Florida’s latest insurance reforms impact P&C insurers?
Florida Legislature, Insurance Regulation News, property insurance, tort reform, Governor Ron DeSantis
‘We’ve only just begun’: Paul Renner says changes are coming to tort reform bill
Florida Legislature, Insurance Regulation News, tort reform, one-way attorneys' fees, HB 837, Insurance Regulation
Miami-Dade lawmakers file bills adding guardrails to lender-placed property insurance
Florida Legislature, Insurance Regulation News, property insurance, Homeowner's Insurance, lender-placed, Florida Office of Insurance Regulation
Insurers seek to keep momentum, target lawsuit reductions in Session
Florida Legislature, Insurance Regulation News, property insurance, auto glass
Florida lawmakers seek to prohibit auto insurance assignment of benefits
Florida Legislature, auto insurance, Insurance Regulation News, assignment of benefits, HB 541, post-loss benefits
Florida Legislature to Hold Special Session
The Florida legislature will convene in a special session this week to discuss several time-sensitive proposals. The call of this special session does not include any items directly related to insurance. Senate President Kathleen Passidomo and House Speaker Paul Renner have identified the following issues for consideration in the special session, which is scheduled to […]
Assignment Limitations Begin with New Year
The Florida legislature passed significant property insurance reforms in its December 2022 special session. Governor Ron DeSantis promptly signed these reforms into law, with many taking effect immediately upon the law’s effective date. However, a key change related to assignments of benefits (AOB) begins to have its real impact in the new year. For many […]