Florida Insurance Legislative Bill Action: Day 59/May 1

May 1, 2008

An updated chart listing insurance-related bill activity for Thursday, May 1, Day 59 of Florida’s 2008 Regular Legislative Session is attached for your review. For easy reference and accessibility, the chart organizes and tracks bill activity using the following subject …

Comparative Chart: CS/CS 2nd Eng. SB 2860

May 1, 2008

Sponsored by Senator Jeff Atwater and based on a list of recommendations covering specific legislative and regulatory proposals on rate filings and insurance company practices generated by the Senate Select Committee on Property Insurance Accountability, CS/CS 2nd Eng. Senate Bill …

State sued in Poe case

May 1, 2008

Miami Herald–May 01, 2008 BY BEATRICE E. GARCIA A lawsuit has been filed against the Florida Insurance Guaranty Association claiming the agency failed to notify consumers there’s a deadline for resolving claims against the failed Poe insurance companies. The suit, …

Citizens insurance rates may hold steady

May 1, 2008

Florida Today–May 1, 2008 BY RYAN HIRAKIFLORIDA TODAY CAPITAL BUREAU TALLAHASSEE — Rates for the state’s largest property insurer could remain the same at least another year, but leaves all insured Floridians open to charges if a hurricane hits. After …

Revamped insurance package passed by House

May 1, 2008

Miami Herald–May 01, 2008 Private property insurers will soon be more tightly regulated under a voluminous measure passed in the Florida House. The measure passed shortly before midnight Wednesday. The 120-page bill provides incentives to attract new companies to enter …

House bill extends Citizens rate freeze

May 1, 2008

Daytona Beach News-Journal–May 01, 2008 By JIM SAUNDERSTallahassee Bureau Chief TALLAHASSEE — The Florida House late Wednesday passed a bill that would prevent rate increases for customers of the state-backed Citizens Property Insurance Corp. until January 2010. House members voted …

Legislature strikes deal on property insurance bill

May 1, 2008

South Florida Sun-Sentinel–May 1, 2008 By Julie PatelSouth Florida Sun-SentinelTALLAHASSEE The state House late Wednesday night unanimously passed a sweeping property insurance bill that is touted as a "homeowners’ bill of rights." The Senate is expected to approve the compromise …

Homeowners Bill of Rights Goes to Governor

May 1, 2008

  The Senate just passed the Insurance Legislation with no amendments (33 yeas/ 5 nays – Hill, Lawson, Oelrich, Ring, Siplin) – CS/CS/CS SB 2860 relating to Insurance by Senator Jeff Atwater. Senator Atwater explained the bill and Senator Steve …