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FL S1684
Bill
Status
Failed
5/5/2017
Primary Sponsor
Banking and Insurance
Click for details
AI Summary
- Adds subsection (11) to section 627.062 (Rate Standards) prohibiting attorney fees paid under workers' compensation or insurance statutes from being included in an insurer's rate base
- Prohibits attorney fees paid pursuant to section 440.34 or section 627.428 from being used to justify any rate or rate change
- Adds subsection (4) to section 627.428 (Attorney's Fee) with identical restrictions on attorney fee inclusion in rate base and rate justifications
- Takes effect July 1, 2017
Legislative Description
Insurance Rates
Last Action
Died in Rules
5/5/2017
Committee Referrals
Rules4/6/2017
Banking and Insurance3/14/2017
Full Bill Text
No bill text available