Category: Legislative Updates

The U.S. House of Representatives Financial Services’ Housing and Insurance Subcommittee held a hearing entitled “The Federal Government’s Role in the Insurance Industry” yesterday, October 24, 2017.   The hearing examined both the domestic and international roles of the Federal Insurance …

Florida Insurance Commissioner David Altmaier and Florida Insurance Consumer Advocate Sha’Ron James will headline the Senate Committee on Banking and Insurance Assignment of Benefits panel tomorrow, October 24, 2017.  Olympus Insurance Company Chairman Jeffrey Scott and Citizens Property Insurance Corporation …

Presentations on hurricane-related insurance issues and a discussion on property insurance-related post-loss assignment of benefits accounted for the majority of the Senate Committee on Banking and Insurance (“Committee”) interim meeting yesterday, October 11, 2017. To access the meeting materials, audio, …

Florida legislative insurance committees meet this week, beginning with the Senate Committee on Banking and Insurance, which convened today, October 10, 2017, at 10 a.m. (ET). To watch this morning’s meeting via live webcast, click here, or to www.TheFloridaChannel.org. In …

Florida Senator Gary Farmer announced today, October 4, 2017, that he has filed two bills–one he describes as “decreasing unfair discrimination in the sale of auto insurance” and the other as “reducing premiums for consumers statewide.” Senator Farmer’s news release …

As the National Flood Insurance Program’s (“NFIP’s”) September 30, 2017 re-authorization deadline nears, federal lawmakers have sought information from the Congressional Budget Office (“CBO”) about the NFIP’s financial soundness and its affordability for policyholders. The CBO analyzed roughly 5 million NFIP …

  In preparation for fast-approaching Interim Committee Weeks and the start of the 2018 Legislative Session, Florida House Speaker Richard Corcoran advised on his Chamber’s deadlines, schedules, new committee and subcommittee assignments A roster of House 2018 Committee assignments by …

  Senator Anitere Flores will once again chair the Florida Senate Committee on Banking and Insurance, Senate President Joe Negron announced today, August 15, 2017. During the 2017 Legislative Session, Senator Flores had sponsored SB 378, which would have repealed …

  A bill that would create a new section of law dealing with assignment of benefits was filed today by Florida Senator Dorothy Hukill and co-introduced by Senator Kathleen Passidomo. Among its provisions, SB 62 would prohibit certain awards of …

At a U.S. Senate Subcommittee hearing entitled “Insurance Fraud in America: Current Issues Facing Industry and Consumers” held this morning, August 3, 2017, in Washington D.C., U.S. Senator Bill Nelson (D-Fla.) recalled his days as Florida Insurance Commissioner, during which …