House General Government Policy Council Considers Insurance-Related Proposals Today, April 9
Apr 9, 2010
House Omnibus Insurance Package Temporarily Passed
CS/HB 447 relating to Property Insurance by State Representative Bill Proctor (R- St. Augustine) was “temporarily passed” (TP’d) by the House General Government Policy Council (“Council”) today, April 9, 2010.
This action was taken because the Council had a very long agenda and, because of CS/HB 447’s complexities and numerous amendments, it would have taken a substantial amount of the Council’s time.
CS/HB 447 has become the “omnibus” insurance vehicle progressing in the Florida House of Representatives. The bill is expected to be considered during the next scheduled Council meeting on April 14, 2010.
To view a legislative analysis of CS/HB 447 as of April 8, click here.
Proposed Florida Hurricane Catastrophe Fund Assessment Committee Bill Approved
Also during the meeting, the Committee adopted proposed committee bill GGPC 10-01 relating to Florida Hurricane Catastrophe Fund (“FHCF”) assessments. This legislation would extend the exemption for medical malpractice insurance from FHCF emergency assessments until May 31, 2013.
Should you have any questions or comments, please contact Colodny Fass.
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