Category: Florida Legislative News

The Florida House of Representatives Commerce Committee (“Committee”) met yesterday, November 7, 2017, to discuss HB 19 relating to Motor Vehicle Insurance by State Representative Erin Grall. To access complete bill information, click here. HB 19 aims to repeal Florida’s …

The Florida Senate Committee on Banking and Insurance Committee (“Committee”) met today, November 7, 2017, to discuss property insurance-related managed repair programs, with the goal of better understanding the effects of these types of programs on insurers, as well as …

In an October 26, 2017 report entitled “Third Report On The Administration’s Core Principles For Financial Regulation,” the U.S. Treasury has made a sweeping list of insurance regulatory overhaul recommendations aligned around the Trump Administration’s “Core Principles for Financial Regulation.” …

The Florida House of Representatives’ Select Committee on Hurricane Response and Preparedness met yesterday, October 26, 2017, to discuss various disaster-response related items, including emergency management operational communications, evacuations, petroleum supplies and distribution, and electric utilities.  Presenters represented both public …

At its meeting yesterday, October 24, 2017, the Florida Senate Committee on Banking and Insurance (“Committee”) convened a panel of expert witnesses to testify on the effects of Post-Loss Assignment of Benefits (“AOB”) and one-way attorneys’ fees. The panel comprised …

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 …

In response to to widespread damage caused by Hurricanes Harvey, Irma, and Maria, four federal financial institution regulatory agencies announced today, October 17, 2017, that they have taken action to facilitate the recovery process by temporarily easing appraisal requirements for …

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 …