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 […]
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 […]
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 […]
Two bills of interest to the auto insurance industry have been filed in the Florida House of Representatives. Neither has a Senate companion yet, although it is still early. HB 323 attempts to address concerns with an explosion of auto glass claims and resulting litigation. The bill would prohibit motor vehicle repair shops and their […]
The insurance industry should stay tuned in the 2018 session for potential updates to Florida’s trade secret laws. Insurers are familiar with Section 624.4213, which creates a process for protecting information submitted to the Office of Insurance Regulation or the Florida Department of Financial Services. Although the current law has been helpful in creating a […]
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 […]
Insurance Commissioner David Altmaier provided updates to the Florida Senate and House of Representatives committees responsible for overseeing insurance issues. Commissioner Altmaier began by summarizing steps the OIR took prior to Hurricane Irma to prepare for the event and provide information to insurers. These steps included press releases and other consumer-oriented communications, outreach to insurers […]
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 […]
The Florida House of Representatives’ version of the direct primary care bill (HB 37) has passed all of its assigned committees and is on second reading. The bill passed two committees unopposed and attracted only a single dissenting vote in a third. The bill would create a new section 624.27 within the Florida Insurance Code […]
Insurance Consumer Advocate Sha’Ron James will host a forum on October 15, 2015, entitled “Finding a Balanced Approach to Unexpected Medical Expenses.” The forum will bring consumers, medical professionals, insurers and other interested parties together to discuss the balance billing issue. Ms. James recently told the Florida House of Representatives’ Banking & Insurance Subcommittee that […]