News & Analysis as of

State and Local Government Florida Insurance Regulations

Troutman Pepper Locke

Florida Bill Eliminating the Surplus Lines Diligent Effort Requirement and a Discussion on Surplus Lines Regulation Trends

Troutman Pepper Locke on

On June 13, Florida Gov. Ron DeSantis signed House Bill 1549 into law. Among other things, the bill has removed the “diligent effort” requirement applicable to surplus lines agents....more

WaterStreet Company

How Insurers Takeout Policies with State Insurance Programs

WaterStreet Company on

State insurance programs serve as critical safety nets. When residents struggle to obtain coverage from private insurers, these programs step in. Private insurers can find a different type of opportunity when willing to take...more

Searcy Denney Scarola Barnhart & Shipley

Florida Repeals State’s No-Fault Personal Injury Protection

Until recently, Florida has had a Personal Injury Protection (PIP) insurance system, also known as “no-fault insurance.” The intention of PIP was to provide injured drivers immediate medical coverage instead of establishing...more

Carlton Fields

Florida Bad Faith Legislation

Carlton Fields on

The Florida Senate is considering legislation designed to reduce insurance companies’ exposure to bad faith claims. Florida Senate Bill 1334, introduced by Sen. Jeff Brandes (R), requires policyholders to present their...more

Rumberger | Kirk

Insurers Take Note: Florida's New Assignment of Benefits Law

Rumberger | Kirk on

The Florida Legislature passed House Bill 7065 (“HB 7065” or the “Act”), which takes effect today, July 1, 2019, as Section 627.7152, Florida Statutes. The Act regulates post-loss assignment of benefits (“AOB”) contracts...more

Butler Weihmuller Katz Craig LLP

Breaking News! Florida AOB Reform Explained

The Florida Legislature just passed a bill that makes significant changes to the assignment of benefits ("AOB") process in Florida. Governor Ron DeSantis stated he will sign the bill into law. ...more

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