Category: Legislative Updates

  HB 715, a bill that would remove a provision of law prohibiting certain improvements to major structures from being eligible for Citizens Property Insurance Corporation (“Citizens”) coverage was the focus of the Florida House of Representatives’ Insurance and Banking …

  Four insurance-related bills were on the Florida Senate Committee on Banking and Insurance (“Committee”) agenda today, March 4, 2015.  Those included: SB 678 by Senator Miguel Diaz de la Portilla relating to Reciprocal Insurers SB 252 by Senator Chris …

  The Florida House of Representatives (“House”) Insurance and Banking Subcommittee (“Subcommittee”) met today, March 3, 2015.  The following insurance-related bills were part of the agenda: HB 557 relating to the Florida Insurance Guaranty Association by State Representative Jake Raburn …

  In a report to U.S. House Financial Services Committee Ranking Member Maxine Waters (D-CA) today, February 19, 2015, the U.S. Government Accountability Office (“GAO”) reviewed the Federal Emergency Management Agency’s (“FEMA’s”) implementation of the Homeowner Flood Insurance Affordability Act …

  Insurance committees in both the Florida Senate and House of Representatives met today, February 17, 2015.  Below is a summary of actions taken by each:   Florida Senate Committee Approves Use of Hurricane Loss Modeling Straight Average in Rate …

  A packed agenda awaits members of the Florida House of Representatives’ Insurance and Banking Subcommittee during its Assignment of Benefits (“AOB”) Workshop scheduled today, February 9, 2015, from 4 p.m. to 6 p.m.  A section of the time has …

  At its meeting today, February 4, 2015, the Florida House of Representatives’ Insurance and Banking Subcommittee (“Subcommittee”) approved the following bills: HB 53 relating to the Florida Catastrophic Storm Risk Management Center by State Representative Doug Broxson HB 189 …

  The Florida Senate Committee on Banking and Insurance (“Committee”) met today, February 3, 2015.  Led by Senator Lizbeth Benacquisto, Chairman, the Committee considered SB 202 relating to Insurance Policy Documents by Senator Bradley, which allows an insurer to electronically …

  Opening Citizens Property Insurance Corporation (“Citizens”) to takeouts by excess and surplus lines carriers was among a lengthy list of reforms proposed in a 20-page document on Florida’s property insurance market published by the James Madison Institute today, January …

  Insurance-related legislative committees met in both the Florida House of Representatives (“House”) and Florida Senate yesterday, January 21, 2015.  Following is a summary of each meeting:   Florida Senate Committee on Banking and Insurance The Senate Committee on Banking …