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Weekly Legislative Update from March 4, 2016

Insurance

HB 659-Relating to Automobile Insurance
On Wednesday, February 17th, HB 659, relating to Automobile Insurance, by Rep. David Santiago (R-Deltona) was read for a third time on the House floor and passed by a vote of 111 yeas to 5 nays.  

HB 659 makes updates to the auto market, lessening the burden on businesses. These updates include making a mandatory pre-inspection program for used cars optional, and including provisions for electronic payments of insurance premiums.

HB 659 has been sent to the Senate chamber and was referred to three additional committee hearings in the Senate Banking and Insurance Committee, the Senate Commerce and Tourism Committee and the Senate Rules Committee.

AIF supports smart, targeted reforms that help keep the insurance markets up to date and with the times.