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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 […]
The 2017 legislative session might be best remembered for key initiatives that did not pass– the legislature did not address the “assignment of benefits” issue and the increases to workers’ compensation insurance rates following recent Florida Supreme Court opinions. The legislature also did not act with respect to Florida’s premium tax credit for salaries paid to […]
Florida Legislature, Florida Senate, AOB Claims, Insurance Regulatory News
House Speaker Steve Crisafulli and Sentate President Andy Gardiner formally called the legislature into a special session to begin June 1. The special session might last until June 20, or such earlier time as the legislature may accomplish their constitutionally required objective of passing a budget. The special session became necessary when lawmakers could not […]
The 2014 legislative session is drawing to a close, but in some respects this only means the political process will shift forums. Florida’s 60-day legislative session has only a week remaining. The last week is always the most active, with bills that have not yet passed being in a do-or-die situation for this year. Among […]
Senate President Don Gaetz recently discussed the possibility that the legislature could renew efforts in 2014 to repeal the salary tax credit available to insurers for employees hired within Florida. The Senate tried to repeal the salary tax credit this year and use the increased revenues to reduce motor vehicle registration fees by $12 per registration. Gaetz […]
Discussions about the proper size of the Florida Hurricane Catastrophe Fund have been intense throughout the 2013 legislative session. The FHCF proposed last year that it should be reduced in size to better ensure it can meet its reimbursement obligations to insurers. However, last year’s proposal called for changes that were too significant and would […]
The so-called omnibus bill (HB 635) has passed the House of Representatives by a 100-17 margin and has been referred to the Florida Senate. The bill addresses a wide range of insurance matters, consisting primarily of issues that generally are thought not to be controversial. The range of issues covered by the bill includes: Extending […]
Several legislative committees will hear bills this week relating to key insurance issues. The House Banking and Insurance Subcommittee is expected to consider a bill allowing commercial motor vehicle and personal lines property and casualty insurance policies to be posted to the Internet rather than physically delivered in certain circumstances. The House committee also is […]
By some standards, there were fewer blockbuster issues in the Florida insurance market in 2012 than in some prior years. After all, this was not a year in which the legislature needed to tackle workers’ compensation or medical malpractice reform, and efforts at bad faith reform stalled fairly early in the legislative session. Florida thankfully […]
