Category: Legislative Updates

The Florida Senate Committee on Banking and Insurance (“Committee”) met on April 7, 2010, during which it considered various insurance-related bills.  Below is a brief summary of the meeting:   Senate Bill 2108 relating to Insurance by Senator Garrett Richter …

  SB 1460, which would return the Florida Hurricane Catastrophe Fund (“FHCF”) Contract Year to June 1 through May 31 beginning June 1, 2010, was presented to Florida Governor Charlie Crist for action today, April 9, 2010.  Governor Crist has until April 16, …

  A Personal Injury Protection-related amendment to SB 2108 that was introduced by Senator Mike Fasano during the April 7, 2010 Senate Committee on Banking and Insurance (“Committee”) was determined to be inappropriate today and was stripped from the bill by …

    The 2010 Florida Legislature is currently considering legislation that -if passed- might well eradicate capital from Florida’s insurance marketplace and further harm an already ravaged industry.  Specifically, the proposals provide for an expansion of regulatory control over Managing …

  During the Florida Senate Committee on Banking and Insurance meeting today, April 7, 2010, Senate President Pro Tempore Mike Fasano introduced an amendment to Senate Bill 2108 that would allow an insurer to offer a premium discount to automobile insurance …

  As part of its meeting agenda today, April 6, 2010, the Florida Senate Committee (“Committee”) on General Government Appropriations considered Senate Bill 2044 relating to Property Insurance by the Senate Committee on Banking and Insurance and Senator Garrett Richter.  However, …

  The potential for financial disaster should a major hurricane strike Florida was among the issues discussed at a press conference this morning, April 3, 2010, to announce the release of a Florida Council for Economic Advisors at Florida Tax Watch report …

  A property insurance-related proposed committee substitute (“PCB 561904”), the components of which have been used in the context of other bills during the 2010 Florida Legislative Session, has been filed as an amendment to Senate Bill 2108 in advance …

Colodny Fass has prepared its annual bill chart to assist in tracking pending priority state-level insurance issues during the 2010 Florida Legislative Session, which runs from March 2 through April 30, 2010.  Revised as of April 2, 2010, the attached …

  The 2010 state budget being debated in the Florida Legislature today, March 31, currently includes the following appropriations for insurance fraud prosecutors: The House and Senate budgets include equal funding in the following areas: Program: State Attorneys – Fourth, …