Various insurance-related issues were taken up during interim meetings of legislative committees in both chambers of the Florida Legislature this week. Following are summaries of each meeting: House...
The NEWS SERVICE of FLORIDA reported the following legislative developments today, January 23, 2013, involving the Florida Hurricane Catastrophe Fund: Cat Fund Managers Get OK for $2 billion...
Senate Bill 242, which would provide for the establishment of the Interstate Insurance Product Regulation Commission (“IIPRC”) in Florida, was filed last week by Senator Dorothy Hukill. The bill was...
Insurance-related committees in both the Florida Senate and House of Representatives heard presentations from high-level officials this week on issues impacting the Florida insurance market. Below is a summary of...
Filed today by Senator Anitere Flores, today, December 6, 2012, Senate Bill 96 specifies that Citizens Property Insurance Corporation could not increase rates by more than 10 percent for new or existing policies,...
The Florida Senate Committee on Banking and Insurance (“Committee”) met today, December 5, 2012. After introductions, the Chairman, Senator David Simmons, stated that some areas of the insurance...
The Florida House of Representatives’ Insurance and Banking Subcommittee (“Subcommittee”) met yesterday, December 4, 2012. State Representative Bryan Nelson, the Chairman, provided time for...
The Florida Office of Insurance Regulation (“OIR”) has drafted legislation to comply with the National Association of Insurance Commissioners Model Insurance Company System Regulatory Act (the “NAIC...
Florida Senate President Don Gaetz announced committee assignments for the 2013 and 2014 Legislative Sessions in a memorandum issued today, November 28, 2012. Of note, every senator has been asked to serve on two...
In separate announcements today, November 26, 2012, Florida’s legislative leaders named key Senate leadership positions and House of Representatives committee and subcommittee assignments for the 2013 Florida...