In late May, the Florida legislature passed several measures intended to address continuing concerns with Florida’s residential property insurance market. Lawmakers commented that the new laws will not provide quick fixes; instead, the benefits might take 12-18 months to materialize. Unfortunately, this estimate might prove to be optimistic as two lawsuits have been filed challenging […]
The new year will get off to a fast start in Florida governmental affairs and promises to active at least until we approach the next holiday season. This year is an election year in Florida. This means the Florida legislature will meet early in the year, with the session beginning January 11. The 60-day session […]
The 2021 Florida Legislature spent several months evaluating property insurance reform proposals. The committee hearing process included testimony from Insurance Commissioner David Altmaier, Citizens Property Insurance Corporation CEO Barry Gilway and many others. Despite these months of analysis, the primary property insurance reform bill (SB 76) was amended several times in the last week of […]
Governor Ron DeSantis has allowed Florida to move into Phase 2 of its gradual reopening plans. Phase Two includes the limited reopening of bars, movie theaters and entertainment venues. Phase Two also includes allowing increased capacity at most businesses that were allowed to open on a limited basis during Phase One. Phase Two marks a […]
Florida has moved into a full implementation of Phase 1 reopening. This follows a brief period in which the state reopened at a pace more conservative than most commonly described as Phase 1. Governor Ron DeSantis described the increase in Phase 1 activities as “things the state could have done but didn’t do initially.” In […]
The Florida Office of Insurance Regulation has issued Information Memorandum OIR-20-03M related to insurers’ business continuity plans and preparedness for the COVID-19 pandemic. The OIR issued the memorandum in response to Executive Order 20-51 issued by Governor Ron DeSantis establishing COVID-19 response protocols. Governor DeSantis also issued Executive Order 20-52 declaring a state of emergency […]
Florida Insurance Commissioner David Altmaier has been named President-Elect of the National Association of Insurance Commissioners (NAIC), effective January 1, 2020. Commissioner Altmaier has been Vice President of the NAIC during 2019. “I am honored to have been chosen as President-Elect of the NAIC. This year, we have made significant progress on many key issues. […]
The Florida legislature has passed HB 7065 designed to curb abuses with “assignments of benefits” in Florida’s property insurance market. Among other things, the bill addresses problems with Florida’s one-way attorneys’ fee statute arising when commercial vendors use the statute in suits against insurers. The bill also allows insurers to adopt policy forms restricting assignments […]
Governor Ron DeSantis had many topics to choose from as he addressed the legislature at the outset of this year’s session. More information here. However, the Governor opted to touch upon the highlights rather than exhaustively list the priorities of his first session as Governor. Among these, Governor DeSantis discussed the need for AOB reform, calling […]
In addition to leading Florida’s executive branch, Governor Ron DeSantis has an immediate opportunity to reshape the Florida Supreme Court. Three of Florida’s Supreme Court Justices– Barbara Pariente, Peggy Quince, and Fred Lewis, reached mandatory retirement coinciding with Governor DeSantis’ becoming Florida’s next Governor. Although sometimes it is difficult or even unfair to apply labels […]