News & Updates

Florida Senate

Special Session Proposals Address Property Market Concerns

Special Session Proposals Address Property Market Concerns

The Florida House of Representatives and Senate have released their proposals for next week’s special session on property insurance reform.  The special session follows last month’s call from Governor Ron DeSantis for a special session dealing with the crisis in Florida’s residential property insurance market. Reinsurance Protection Although their proposals are subject to change when […]

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AOB Reform Advances Without Auto Glass Fix

AOB Reform Advances Without Auto Glass Fix

The Florida House of Representatives has passed its version of Assignment of Benefits (AOB) reform. The bill has been a priority of key policymakers, including CFO Jimmy Patronis and Insurance Commissioner David Altmaier. You can learn more here. The bill is aimed at reducing abuses that have plagued the Florida property insurance market when consumers […]

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AOB Reform Still Alive as Session Enters Stretch Run

AOB Reform Still Alive as Session Enters Stretch Run

The Florida Legislature is in the final month of its annual 60-day regular session. This year’s session concludes May 3. For many who follow Florida’s residential property insurance market, the question this year is the same as in recent years— is this the year assignment of benefits (AOB) reform will pass? Floridians throughout the state […]

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PIP Repeal Bill Passes Senate Committee

PIP Repeal Bill Passes Senate Committee

A Senate committee has advanced SB 1052 on a 5-3 vote. The bill is one of two proposals pending in the Senate that would replace Florida’s no-fault (PIP) auto insurance system with mandatory bodily injury coverage. The other Senate bill has not been heard in committee. Perhaps more importantly, the Florida House also has not […]

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Flood Disclosure Adjustment Continues to Move

Flood Disclosure Adjustment Continues to Move

A second Senate committee has approved an adjusting to existing law relating to flood insurance disclosures.  Last year, the legislature adopted a requirement for all homeowners’ policies to state that they do not cover flood damage.  Unfortunately, there is no exception in the current law for policies that actually do contain flood insurance in the […]

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Flood Disclosure Fix Shows Progress

Flood Disclosure Fix Shows Progress

Bills to fix a glitch in last year’s flood disclosure requirement have moved out of their first committees in the House and Senate, respectively.  The legislature adopted a requirement last year for homeowners’ insurers to include a disclosure on their policies stating that the policies do not cover flood.  However, the bill did not contain […]

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Legislative Session Draws Near

Legislative Session Draws Near

The 2019 Florida legislative session in only about a week away.  This year’s session will be different in some respects than recent sessions, if only due to significant changes in executive branch and legislative officers.  The Governor’s office often sets the tone for legislative sessions through developing proposed budgets and advancing public policy issues.  The […]

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House and Senate Remain Apart on AOB Reform

House and Senate Remain Apart on AOB Reform

Just two weeks into the 2018 legislative session, the Florida House of Representatives and Senate continue to take distinct approaches to the “assignment of benefits” concerns affecting Floridians through increased insurance premiums.  The House passed a bill containing reforms directed at the root of the problem–  the one-way attorneys’ fee statute against insurers, which has […]

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PIP Repeal Effort Will be Among 2018 Highlights

PIP Repeal Effort Will be Among 2018 Highlights

For the auto insurance industry, the potential repeal of Florida’s Personal Injury Protection (PIP), or no-fault, system has become an annual debate.  The 2018 legislative session will be no different as both legislative chambers are set to take up the issue. The Florida House of Representatives has advanced a version of PIP repeal that does […]

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