New Florida law adds guardrails to lender-placed property insurance
Governor Ron, Senate Bill 2-A, collateral protection, property insurance, Insurance Regulation News, Florida Legislature, Office of Insurance Regulation
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Governor Ron, Senate Bill 2-A, collateral protection, property insurance, Insurance Regulation News, Florida Legislature, Office of Insurance Regulation
hurricane models, windstorm coverage, Governor Ron DeSantis, hurricane deductibles, Insurance Regulation News, Florida Commission on Hurricane Loss Projection Methodology, Florida Legislature
HB 837, tort reform, Florida Legislature, Insurance Regulation
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 […]
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 […]
property insurance, Governor Ron DeSantis, tort reform, Insurance Regulation News, Florida Legislature
Florida Legislature, HB 837, one-way attorneys' fees, tort reform, Insurance Regulation News, Insurance Regulation
Florida Office of Insurance Regulation, lender-placed, Homeowner's Insurance, property insurance, Insurance Regulation News, Florida Legislature
property insurance, auto glass, Insurance Regulation News, Florida Legislature
post-loss benefits, HB 541, assignment of benefits, Insurance Regulation News, auto insurance, Florida Legislature