Category: Florida Legislative News

  On March 19, 2015, the U.S. Government Accountability Office (“GAO”) reported on legislative proposals and international coordination in regard to financial company bankruptcies.  To access the complete report and supporting information, click here.   What GAO Found The U.S. …

  Several high-profile insurance-related bills were on the Florida Senate’s Committee on Banking and Insurance (“Committee”) agenda today, March 23, 2015, including proposals on Citizens Property Insurance Corporation (“Citizens”), assignment of benefits and insurance for Transportation Network Companies (“TNCs”). As …

  Financial assistance for sinkhole-damaged properties and a proposed re-organization of the Florida Department of Financial Services (“DFS”) were among the insurance-related bills taken up by the Senate Committee on Banking and Insurance (“Committee”) today, March 17, 2015. SB 1222, …

  Citizens Property Insurance Corporation (“Citizens”), flood coverage and windstorm mitigation discounts were among the topics touched upon by a number of insurance-related bills taken up by the Florida Senate Committee on Banking and Insurance (“Committee”) during its meeting today, …

  HB 715, a bill that would remove a provision of law prohibiting certain improvements to major structures from being eligible for Citizens Property Insurance Corporation (“Citizens”) coverage was the focus of the Florida House of Representatives’ Insurance and Banking …

  Four insurance-related bills were on the Florida Senate Committee on Banking and Insurance (“Committee”) agenda today, March 4, 2015.  Those included: SB 678 by Senator Miguel Diaz de la Portilla relating to Reciprocal Insurers SB 252 by Senator Chris …

  The Florida House of Representatives (“House”) Insurance and Banking Subcommittee (“Subcommittee”) met today, March 3, 2015.  The following insurance-related bills were part of the agenda: HB 557 relating to the Florida Insurance Guaranty Association by State Representative Jake Raburn …

  In a report to U.S. House Financial Services Committee Ranking Member Maxine Waters (D-CA) today, February 19, 2015, the U.S. Government Accountability Office (“GAO”) reviewed the Federal Emergency Management Agency’s (“FEMA’s”) implementation of the Homeowner Flood Insurance Affordability Act …

  Insurance committees in both the Florida Senate and House of Representatives met today, February 17, 2015.  Below is a summary of actions taken by each:   Florida Senate Committee Approves Use of Hurricane Loss Modeling Straight Average in Rate …

  A packed agenda awaits members of the Florida House of Representatives’ Insurance and Banking Subcommittee during its Assignment of Benefits (“AOB”) Workshop scheduled today, February 9, 2015, from 4 p.m. to 6 p.m.  A section of the time has …