Category: Legislative Updates

  Florida Insurance Consumer Advocate Sean Shaw testified this morning, July 14, 2010, before the U.S. House Ways and Means Select Revenue Measures Subcommittee in opposition to the taxing of reinsurance between affiliated entities. “When elephants fight, the grass gets …

  The Florida Senate’s Interim Project Work Plan, issued July 12, 2010, features several insurance-related items that focus on major property-related issues, such as public adjusters, defective drywall and sinkholes.  Following is a list of insurance-related Senate Interim Projects, accompanied …

    The U.S. House Ways and Means Select Revenue Measures Subcommittee (“Subcommittee”) will hold a hearing on the issue of taxation of reinsurance between affiliated entities tomorrow, July 14, 2010 at 10:00 a.m. To view a live Webcast of …

  With an August 4 deadline to place a constitutional amendment on Florida’s General Election November 2, 2010 ballot, Florida Governor Charlie Crist has called a Special Legislative Session for July 20 through July 23, 2010.   The Governor’s Special Session …

  Insurance Journal magazine reported today, July 1, 2010, that a National Flood Insurance Program temporary reauthorization was passed last night by the U.S. Senate and sent to President Obama for his signature.   Should you have any questions or …

  Many of the 274 new laws passed during Florida’s 2010 Legislative Session will become effective this Thursday, July 1, except as otherwise provided.  These include major insurance-related bills, which are listed below:   HB 159 relating to Guaranty Associations …

  Subsequent to the June 18, 2010, qualifying deadline for the November 2, 2010, general election, Colodny Fass has prepared a summary report of candidates who qualified for the following offices:   Florida Cabinet (Governor, Attorney General, Chief Financial Officer and …

  According to a comprehensive report on state catastrophe insurance programs released yesterday, June 16, 2010 by the United States Government Accountability Office (“GAO”), Florida’s total exposure of $2 trillion in its insurance and reinsurance programs far exceeds that of …

  Upholding state regulation in regard to international insurance agreements negotiated by the U.S. Treasury will be among the insurance-related topics in a United States Senate and House of Representatives conference committee meeting scheduled to commence today, June 15, 2010.  During …

  Signed into law by Florida Governor Charlie Crist on June 1, 2010, Senate Bill 1196 by Senator Mike Fasano relating to Community Associations makes several changes to insurance requirements for condominium associations and condominium unit owners. The bill repeals …