Category: Legislative Updates

Stating that if HB 1171 were to be signed into law and “if the (Florida Office of Insurance Regulation) expediently administers the law in a manner consistent with its legislative intent,” State Farm Florida President Jim Thompson said in a June …

Among 32 bills signed today, June 16, 2009, Florida Governor Charlie Crist signed the following insurance-related bills into law: SB 742 relating to Sinkhole Losses SB 2282 relating to First-Responder Services SB 2252 relating to Professional Liability Claims   SB …

The U.S. House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises will hold a hearing this morning, beginning at 10:00 a.m., to further explore how to improve oversight of the insurance industry in order to protect insurance consumers …

Florida Governor Charlie Crist was presented with House Bill 1171 relating to Residential Property Insurance today, June 12, 2009.  Known as the “Open Rating” bill, HB 1171 would deregulate Florida property insurance rates for certain large insurers. Governor Crist has …

The Florida Chamber has issued an alert message asking for grassroots support to urge Florida Governor Charlie Crist to sign House Bill 1171.  HB 1171, which has not yet been presented to the Governor for action, is also known as the …

Florida Governor Charlie Crist signed House Bill 853 relating to Surplus Lines Insurers into law today, June 11, 2009, whereupon it became immediately effective. HB 853 provides that Chapter 627, F.S. does not apply to surplus lines insurers unless specifically …

  Washington, DC – Financial Services Committee Chairman Barney Frank released the following statement in response to a European Commission report released on June 10, 2009 that investigated U.S. internet gambling laws and their enforcement against European Union companies. The …

UPDATE:  The U.S. House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises has scheduled a hearing entitled “Systemic Risk and Insurance” for June 16, 2009 at 10 a.m. in Room 2128 of the Rayburn House Office Building, …

The U.S. House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises has scheduled a hearing entitled “Systemic Risk and Insurance” for June 16, 2009 at 10 a.m. in Washington, D.C.  More information about the hearing, including a …

Florida Governor Charlie Crist was presented with two insurance-related bills today, June 3, along with 12 other bills.  Senate Bill 742 relating to Sinkhole Losses would require the Florida Financial Services Commission to adopt a building code effectiveness grading schedule …