Category: Legislative Updates

Florida House Insurance Committee (“Committee”) Chairman Don Brown (R-Defuniak Springs) confirmed today, March 20, 2008, that his Committee will hold a five-hour hearing on Monday, March 24, 2008 to question a representative from the Office of Insurance Regulation regarding the …

Following last week’s announcement of comprehensive legislation to address the nation’s housing crisis, U.S. House Financial Services Committee Chairman Barney Frank (D-Massachusetts) presented a slate of new policy options to help stabilize the housing market and address the current economic …

The Senate Banking and Insurance Committee (“Committee”) held its third meeting of the 2008 Regular Legislative Session on March 18, 2008. To view the meeting packet, click here. Although the Committee spent most of its time debating and analyzing a …

Florida Chief Financial Officer (“CFO”) Alex Sink today congratulated members of the Florida Senate’s Banking and Insurance Committee for unanimously passing legislation (PCS/SB 2082 Relating to Annuity Products) that comprehensively addresses the issue of annuity fraud, including strengthening penalties against …

The Florida House of Representative’s Insurance Committee (“Committee”) held a six-and-a-half-hour meeting on March 14, 2008 to analyze several aspects of the Florida insurance market, most notably Citizens Property Insurance Corporation (“Citizens”).  To view the meeting packet, click here. Representative Don …

On March 13, 2008, the Florida House of Representatives Committee on Insurance (“Committee”) met and discussed four bills regarding insurance-related matters, including a proposal by Representative Dennis Ross (R- Lakeland) that would provide consumer choice in the windstorm insurance market.  To view …

Update:   Florida Insurance Commissioner Kevin McCarty issued the statement below in response to the attached list of recommendations from Senator Jeff Atwater and Steve Geller, the Co-Chairs of the Senate Select Committee on Property Insurance Accountability received by Senate President Ken Pruitt today, March …

The Florida House of Representatives delivered the Conference Report for Appropriations Bills HB 7009 and SB 2502 to House and Senate Members on Sunday, March 9 at 9:45 a.m..  The Report must rest for the mandatory 72 hours before a vote …

House and Senate versions of bills that have been prepared as a result of the work of the Task Force on Citizens Property Insurance Claims Handling and Resolution (“Task Force”) have been filed for the 2008 Legislative Session. The Senate …

On March 6, 2008, several legislative proposals relating to insurance were considered by Florida House of Representatives Committees. The House Insurance Committee passed House Bill 269 by Representative Alan Hays (R-Umatilla) relating to Hurricane Preparedness and Insurance and House Bill …