Insurance Reform and Competition

Contact Senators Now! Ask for Support on Bills to Help Improve Florida’s Insurance and Legal Climates

On Monday, March 23 at 1:30 p.m., the Senate Banking and Insurance Committee will hear two Florida Chamber-backed bills that will help Floridians save money and improve Florida’s insurance and legal climates- but we need your help!

SB 1064 sponsored by Sen. Dorothy Hukill (R-Port Orange), allows insurance companies to write policies that prohibit the post-loss assignment of benefits or rights other than for purposes of payment. This protects the homeowner by allowing them to maintain the rights of their policy but allows the contractor or subcontractor to be directly paid by the insurer.

This legislation is important to Florida’s business community because the bill:

  • Protects insurers against inflated claims by insuring the homeowner maintains control of the repair and mitigation process
  • Balances the rights of the homeowner and the insurer when a loss occurs
  • Clarifies that insurers can prohibit the post-loss assignment of benefits as a part of an insurance policy

SB 1088 sponsored by Sen. Jeff Brandes (R- St. Petersburg),specifies that the claimant, insured, or third party representing the claimant or insured must provide a written notice as a precedent to bringing a third-party bad faith claim. This will help improve Florida’s costly bottom-10 legal climate.

This legislation is important to Florida’s business community because the bill:

  • Allows insurers to act in good faith prior to a bad faith lawsuit being brought forward
  • Decreases frivolous litigation by trial lawyers
  • Improves Florida’s legal environment under which businesses operate

Take Action Now

Click the button below to send an email to five key Senators voting on SB 1064 and SB 1088. Don’t wait, as lawmakers will vote on the bill at 1:30pm on Monday, March 23.

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