Top Insurance Legislation & Regulation Stories Of 2019
By Jeff Sistrunk (December 19, 2019, 3:06 PM EST) -- Long-awaited Florida legislation aimed at curbing what insurers called an epidemic of abusive coverage litigation by repair contractors and a new federal rule that paves the way for an expansion of the private flood insurance market were among the major policy developments that made waves in the insurance industry this year.
Here, Law360 looks back at the four legislative and regulatory initiatives that most impacted insurers in 2019.
Fla. Cracks Down on 'AOB' Cases
In May, Florida Gov. Ron DeSantis signed a bill aimed at addressing abusive litigation stemming from property owners' assignment of insurance benefits to contractors, which had been...
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