FPCA Homeowners Division: Florida Senate Committee on Banking and Insurance Releases Draft Property Insurance Package
Feb 6, 2013
Dear FPCA Homeowners Division Members:
Staff from the Florida Senate Committee on Banking and Insurance (“Committee”) has released a draft of a property insurance package for review from interested parties.
Committee Chairman David Simmons has previously indicated that this draft would contain the ideas that have been discussed in the Committee so far, and members could anticipate adding to this proposal and removing proposals as the session progressed.
Many of the provisions reflect what was presented by Florida Insurance Commissioner Kevin McCarty in his presentation to the Committee, as well as other state officials and interest groups. We anticipate that the Committee will have some discussion on this draft at their meeting scheduled for this morning.
A draft copy of the bill is attached, along with a summary prepared by Colodny Fass& Webb.
Should you have any questions or comments, please contact Katie Webb (kwebb@cftlaw.com).
