Florida’s 2010 Regular Legislative Session: A Summary of Insurance Major Insurance-Related Bills
May 7, 2010
Dozens of insurance-related bills were filed during Florida’s 2010 Regular Legislative Session; however, only some of them were actually passed.
As the 2010 Session drew to a close, various components of many of these doomed bills were distilled and amended onto a select group of insurance bills that ultimately were successful. As usual, most of this activity occurred during the last few days of the Session.
A comprehensive report on the 2010 Session’s insurance-related activities by the law and governmental consulting firm of Colodny Fass can be accessed by clicking here.
The final text of each bill is accessible by clicking on the hyperlinks below. Additional information, which includes the complete legislative history on individual bills, is available on Florida’s public legislative Web site (www.leg.state.fl.us).
Key 2010 Insurance-Related Legislation
- CS/SB 1460 Relating to the Florida Hurricane Catastrophe Fund Contract Year
- Signed into law by Florida Governor Charlie Crist on April 15, 2010; effective April 15, 2010
- CS/CS/ SB 2044 Relating to Property Insurance (also known as the Omnibus Property Insurance Bill)
- Vetoed by Governor Crist on June 1, 2010
- CS/CS/SB 2176 Relating to Insurance
- Signed by Governor Crist on June 1, 2010; effective June 1, 2010
- CS/CS/CS/HB 159 Relating to Guaranty Associations
- Signed by Governor Crist on May 11, 2010; effective July 1, 2010
- HB 7217 Relating to Florida Hurricane Catastrophe Fund Emergency Assessments
- Signed by Governor Crist on May 27, 2010; effective May 27, 2010
- HB 661 Relating to Minimum Surplus Requirements for Mortgage Guaranty Insurance
- Signed by Governor Crist on May 11, 2010; effective July 1, 2010
- HB 7119 Relating to Open Government Sunset Review/Florida Commission on Hurricane Loss Projection Methodology/Florida Office of Insurance Regulation
- Signed by Governor Crist on May 15, 2010, effective October 1, 2010
- CS/CS/CS/CS/HB 663 Relating to Building Safety
- Signed by Governor Crist on June 1, 2010; effective July 1, 2010
- CS/CS/CS/SB 1196 Relating to Community Associations (also known as the Omnibus Condominium Bill)
- Signed by Governor Crist on June 1, 2010; effective July 1, 2010
- HB 545 Relating to Residential Property Sales
- Vetoed by Governor Crist on June 1, 2010
- HB 885 Relating to Life Insurance
- Signed by Governor Crist on May 11, 2010; effective May 11, 2010
- CS/SB 2046 Relating to Employee Leasing Companies
- Signed by Governor Crist on May 27, 2010; effective July 1, 2010
- HB 7091 Relating to Open Government Sunset Review /Insurance Claim Data Exchange Information/Department of Revenue
- Signed by Governor Crist on May 11, 2010, effective October 1, 2010
Major Unsuccessful Insurance-Related Legislation
- CS/CS/HB 447 Relating to Property Insurance
- HB 1181 Relating to Public Adjusters
- SB 2264 Relating to Property Insurance Claims
- HB 1992/SB 1169 Relating to Florida Ports Investment (financed through insurance premium taxes)