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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 […]
The Florida legislature passed HB 723 during the 2011 legislative session relating to reciprocity of workers’ compensation claims. Governor Rick Scott has signed the bill into law, and the new law takes effect July 1, 2011. By its terms, the law applies to any claim made on or after July 1, 2011, regardless of the […]
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 […]
Governor Rick Scott has signed HB 99 into law, reducing Florida’s regulation of commercial insurance rates. In 2010, the legislature amended section 627.062 to provide that limited types of commercial insurance rates are not subject to prior regulatory approval. Instead, insurers writing the listed types of products can implement rate changes subject to a notice […]
Governor Rick Scott has signed SB 408 into law, giving effect to the series of property insurance reforms passed by the legislature in this session. Summaries of SB 408 can be found in our latest Florida Insurance Report available on this site. Insurance Commissioner Kevin McCarty issued a statement commending the Governor for his leadership […]
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 […]
The 2011 session of the Florida Legislature came to a close late last night (or this morning, as it went until about 3:00 a.m.). Most of the insurance related issues were resolved one way or the other by Thursday, including the chambers’ passing the major property insurance bill. One of the final insurance bills that […]
