Florida Insurance Council - Covering Florida Since 1962
By: Katrina Callaway, FIC General Counsel On February 24, 2017, Sen. Farmer, a trial attorney, filed an AOB bill. This bill, SB 1218, is not the work product of OIR and Citizens and is not the bill supported by the industry. Thus, there are now two competing AOB bills filed in the Senate. The…
By: Katrina Callaway, FIC General Counsel Life insurers would be assessed by the Florida Life and Health Insurance Guaranty Association (FLAHIGA) for long term care insolvencies, including the Penn Treaty insolvency, under a Senate bill filed on February 24, 2017. The bill, SB 1242 by Sen. Brandes, is a priority of the Office of Insurance…
By: Katrina Callaway, FIC General Counsel On February 24, 2017, Sen. Flores filed SB 378 which repeals the insurance premium tax credit and replaces it with a two percent reduction in the communications service tax (CST). The CST is a state tax on cell phone service, cable TV, and satellite TV. Additional information about the…