News & Updates

medical malpractice

OIR Adopts 2013 Profit and Contingency Factors

OIR Adopts 2013 Profit and Contingency Factors

The Office of Insurance Regulation has issued an order adopting its profit and contingency factors for 2013.  As set forth in the order, the OIR publishes the profit and contingency factors for insurers to use of they are unable to produce credible profit and contingency factors from their own data.  The factors for key lines […]

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Legislature Revises Forms Certifications and Rate Exemptions

Legislature Revises Forms Certifications and Rate Exemptions

The legislature altered Florida’s form and rate filing statutes in SB 468.  Perhaps most significantly, the legislature specified that a forms certification process similar to the one currently in effect by OIR order will continue for commercial property and casualty insurance.  However, personal lines and workers’ compensation are specifically carved out of the statutory change […]

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Citizens-Lite Bill Heads to Governor

Citizens-Lite Bill Heads to Governor

After months of committee meetings and discussions, the Florida legislature reached compromises on changes to Citizens Property Insurance Corporation in SB 1770.  The bill now heads to Governor Scott’s desk for review.  The months leading up to the 2013 legislative session included discussion of far-reaching proposals that would aggressively restore Citizens to its role as […]

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Omnibus Bill Advances Through House, Goes to Senate

Omnibus Bill Advances Through House, Goes to Senate

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 […]

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Medical Malpractice Proposal Advances

Medical Malpractice Proposal Advances

The House of Representatives’ Civil Justice Committee advanced HB 827 by a 9-4 vote.  The bill is intended to moderate medical malpractice costs and provide additional protections for hospitals. One component of HB 827 would protect hospitals against liability for negligence arising from physicans who are independent contractors.  Other aspects of the billl would aid in […]

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Medical Malpractice Protection for ER Doctors Advances

Medical Malpractice Protection for ER Doctors Advances

The House Judiciary committee has favorably reported HB 385 by an 11-2 vote.  The proposal would grant sovereign immunity protection to emergency physicians.  Current law provides that claims under sovereign immunity protection are limited to $200,000 per person and $300,000 per incident. The bill finds that ensuring access to emergency medical services is an important […]

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Senate Committees to Study Property and Casualty Insurance Issues

Senate Committees to Study Property and Casualty Insurance Issues

Each year, the legislature asks its committees to review significant issues and prepare reports in anticipation of the the next legislative session.  This year is no different, and the Senate recently released its list of interim projects.  Projects of the Banking & Insurance Committee can be seen in the attached document. Project 2012-11 will be […]

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