Category: Legislative Updates
Jan 2, 2018
Effective January 1, 2018 as Chapter No. 2017-147, Laws of Florida, HB 911 relating to Insurance Adjusters has amended a Florida statute relating to insurance adjusters. Originally sponsored by State Representative Sean Shaw, who also formerly served as Florida’s Insurance Consumer …
Jan 2, 2018
Effective January 1, 2018 as Chapter No. 2017-147, Laws of Florida, HB 911 relating to Insurance Adjusters has amended a Florida statute relating to insurance adjusters. Originally sponsored by State Representative Sean Shaw, who also formerly served as Florida’s Insurance Consumer …
Dec 15, 2017
Approved by the U.S. House Financial Services Committee on December 13, 2017 in a 56 to 4 vote, H.R. 4537, also known as the “International Insurance Standards Act of 2017,“ must now proceed to the U.S. House Committee on Rules. …
Dec 6, 2017
The introduction of private capital and the development of a credit risk transfer mechanism could help the Federal Housing Finance Agency more effectively manage the taxpayer risk from its portfolio of first-time homebuyers, low-income borrowers, and consumers with limited credit …
Dec 4, 2017
The Florida Senate Committee on Banking and Insurance (“Committee”) meets tomorrow, December 5, 2017, with a packed agenda of insurance-related bills for consideration. The two-hour meeting, which is scheduled to begin at 10 a.m. (ET), will be available for viewing …
Dec 4, 2017
The Florida House of Representatives’ Select Committee on Hurricane Response and Preparedness meets today, December 4, 2017, at 3 p.m. (ET) to review a substantial list of Member recommendations intended to improve government actions and coordination in regard to hurricanes …
Nov 8, 2017
The Florida House of Representatives Commerce Committee (“Committee”) met yesterday, November 7, 2017, to discuss HB 19 relating to Motor Vehicle Insurance by State Representative Erin Grall. To access complete bill information, click here. HB 19 aims to repeal Florida’s …
Nov 7, 2017
The Florida Senate Committee on Banking and Insurance Committee (“Committee”) met today, November 7, 2017, to discuss property insurance-related managed repair programs, with the goal of better understanding the effects of these types of programs on insurers, as well as …
Oct 27, 2017
The Florida House of Representatives’ Select Committee on Hurricane Response and Preparedness met yesterday, October 26, 2017, to discuss various disaster-response related items, including emergency management operational communications, evacuations, petroleum supplies and distribution, and electric utilities. Presenters represented both public …
Oct 25, 2017
At its meeting yesterday, October 24, 2017, the Florida Senate Committee on Banking and Insurance (“Committee”) convened a panel of expert witnesses to testify on the effects of Post-Loss Assignment of Benefits (“AOB”) and one-way attorneys’ fees. The panel comprised …