Category: Legislative Updates
Jan 4, 2007
The Senate Minority Office held a press conference today to discuss property insurance issues in Florida. To read the press release, click here. The press conference drew several television cameras and at least five print reporters. Senate Minority Leader Les …
Jan 4, 2007
Today, March 7th, begins the 2006 Florida Legislative Session. It is important that you are aware of, and familiar with, the newly enacted law which places certain restrictions on gifts to legislators, their staff, certain members of the Executive branch …
Jan 4, 2007
March 1, 2006 GALLAGHER ANNOUNCES FEDERAL LEGISLATION TO CREATE CATASTROPHE SAVINGS ACCOUNTS Gallagher has been promoting accounts since 2004 hurricane season Tom Gallagher, Florida’s chief financial officer, announced today that Congressman Tom Feeney from Orlando has filed federal legislation …
Jan 4, 2007
The Task Force on Long Term Solutions for Florida’s Hurricane Insurance Market (the “Task Force”) held its final meeting Monday to review and finalize a draft report. The Task Force plans to issue an updated draft of its report on …
Jan 4, 2007
The Task Force on Long-Term Solutions for Florida’s Hurricane Insurance Market released its draft final report ahead of its final scheduled meeting on February 27th. Simultaneously, the House leadership released its proposed property insurance package, which includes several Task Force …
Jan 4, 2007
Yesterday the Senate Banking & Insurance Committee met to formally approve their proposed no-fault reform committee bill, PCB 7094. The PCB and staff analysis is here and here. The bill mirrors the recommendations of the Senate interim project report which …
Jan 4, 2007
Today the Florida House of Representatives Insurance Committee released committee bill PCB IN 06-01 regarding property insurance. The bill language and a summary of the bill are here and here. The bill addresses issues such as Citizens, The Florida Hurricane …
Jan 4, 2007
The Senate plans to release its Proposed Committee Bill regarding No-Fault on Monday, February 13, 2006. This bill is based on the recommendations contained in the Senate Interim Report on No-Fault. The bill will likely be introduced at the Senate …
Jan 4, 2007
Yesterday the House Insurance Committee approved a bill relating to the termination of insurance agent appointments, which increased the notice period an insurer must give an agent of termination unless the contract between the agent and insurer provides otherwise. Under …
Jan 4, 2007
The Governor’s Coastal High Hazard Study Committee released its final report today without specific recommendations regarding insurance. The recommendations contained in the report revolved around land development and hurricane preparedness. Governor Jeb Bush created the Coastal High Hazard Study Committee …