Floridians received some good news Saturday morning as Erika began to dissipate. Even so, storm paths and storm strengths can be difficult to predict, so many us will keep watching the Weather Channel this weekend. It’s hard to believe that ten years have passed since Florida saw the unprecedented series of hurricanes in 2004 and […]
The legislature made two key changes to Section 627.43141 relating to the Notice of Change in Policy Terms. These changes, set forth in HB 273, passed in the 2015 legislative session and now have been approved by the Governor. They are reflected in Chapter Law 2015-170. The statute has been troubling to insurers because it has suggested that […]
The 60-day Florida legislative session kicks off today. As always, the legislature will hear a number of bills related to property and casualty insurance as well as life and health insurance. Legislative committees already have been meeting and considering bills for the current session. In the property and casualty arena, the legislature may consider bills […]
The 2011 Florida Legislature established a new opportunity for insurers to inform policyholders of changes in their policies. Case law in Florida previously suggested that insurers seeking to continue coverage with material changes in terms should nonrenew existing policies and offer replacement policies with the new terms. This process could be confusing for policyholders, who […]