Category: Florida Legislative News

  The Florida Senate Committee on Banking and Insurance (“Committee”) met today, December 8, 2010, to prepare for the upcoming 2011 Regular Legislative Session.  The Committee is chaired by Senator Garrett Richter, with Senator Chris Smith serving as Vice Chair. …

  At its meeting yesterday, December 7, 2010, the Florida Cabinet approved several insurance-related items as part of its regular agenda.  This was the final meeting of the current Cabinet before new members are scheduled to take office in January …

  Florida House Speaker Dean Cannon announced today, December 7, 2010, that State Representatives Bryan Nelson and John Wood will be Chair and Vice Chair, respectively, of the 2011 Florida House Insurance and Banking Subcommittee of the Economic Affairs Committee.  …

FPCA Automobile Division Members: As discussed at the planning meeting yesterday, we are seeking comments on proposed legislation for the Florida 2011 Regular Legislative Session.  Attached are the following documents: Proposed revisions to the PIP statute. The workers’ compensation-style draft legislative proposal …

  To view a complete story, click on a headline: Florida’s 2011-12 budget outlook getting gloomier A legislative economist told the Senate Budget Committee on Tuesday that she expects a predicted $2.5 billion budget gap to widen because the state’s …

  In the matter of a 2004 dispute between Sunshine State Insurance (“Sunshine State”) and the Florida Hurricane Catastrophe Fund (“FHCF”), an actuarial panel sided with Sunshine State on its position that recovery of payment of policyholder attorneys’ fees is, …

The FPCA Homeowners Division will be meeting via teleconference on Monday, December 6, at 4:00 p.m.  The call-in number is 800.369.1285; conference code:  53350#. An agenda for the meeting, as well as minutes from the November 11, 2010 meeting, are …

The FPCA Automobile Division will be meeting on Monday, December 6, at 12:00 p.m., at the Fort Lauderdale office of Colodny Fass, P.A.  Robin Westcott, Director of Property & Casualty Financial Oversight for the Florida Office of Insurance Regulation, will …

  Florida Senate Bill 178 relating to commercial insurance rates was recently filed by State Senator Steve Oelrich (R-Gainesville).  The bill contains additional categories of commercial risks that are exempt from certain provisions in the rate standards law in 627.062, …

  Florida’s State Board of Administration (“SBA”) Audit Committee (“Committee”) met in Tallahassee on November 29, 2010.  The following is a brief summary of some of the pertinent items that were discussed:    SBA Executive Director and Chief Investment Officer Ash …