Florida Insurance Council - Covering Florida Since 1962
By: Katrina Callaway, FIC General Counsel The Department of Financial Services’ (DFS) agency bill designed to clean up various provisions in current law under the purview of DFS passed its last House committee on April 6, 2017 and is now ready for the House floor. One amendment was adopted to the bill in committee. …
By: Katrina Callaway, FIC General Counsel On April 6, 2017, the House Commerce Committee approved the omnibus adjuster licensing and regulation bill, HB 911 with one amendment. The bill will now be heard on the House floor when set by the Rules Committee. The bill is primarily supported by the Florida Association of Professional…
By: Katrina Callaway, FIC General Counsel A bill that is a priority of the FIC Life Insurance Committee is now ready for the House floor after being passed by its last House committee on April 6, 2017. The bill, HB 1205, deals with stranger originated life insurance contracts (STOLIs). The bill makes the following…
By: Katrina Callaway, FIC General Counsel HB 1029 allows insurers to give insureds, prospective insureds, or others more advertising or promotional items with a higher value than allowed under current law. The bill passed its last committee, House Commerce, on April 6, 2017 with one amendment and will be heard on the House floor when…
By: Katrina Callaway, FIC General Counsel The Department of Financial Services (DFS) supported insurer insolvency bill passed its last House committee on April 6, 2017. The bill is a key priority of Florida’s CFO Jeff Atwater and enhances the DFS Division of Rehabilitation & Liquidation’s ability to deal with insolvencies. The bill is highly technical…
By: Katrina Callaway, FIC General Counsel The House bill to shield workers’ comp claimant identifying information from claimant’s attorneys to prevent solicitation is moving quickly through its House committees. It passed its last committee on April 6, 2017 with one amendment. It will be heard on the floor at the discretion of the Rules Committee. …
By: Sam Miller, FIC Consultant SB 340 Transportation Network Companies — by BrandesLee amendment which was withdrawn: 761146 PDF HB 221 Transportation Network Companies — by SprowlsHOUSE Read Third Time; Passed (Vote: 115 Yeas / 0 Nays) “The end of the runway” is in sight” after four years of struggle, Sen. Jeff Brandes said, as…
By: Sam Miller, FIC Consultant A House-passed bill making it easier to transfer homeowners policies within the same insurance group will be going to the full Senate soon. The bill (CS/SB 812) was approved by its last committee of reference, the Senate Rules Committee, April 6. It will go to the full Senate at the…
By: Sam Miller, FIC ConsultantSB 404 Legislative Ratification — by SimmonsSimmons 546448 PDF The full Senate may soon may take up a bill ratifying the 2016 manuals on workers’ compensation reimbursement levels for hospitals and ambulatory surgical centers. It will not, apparently, consider a bill repealing the legislative ratification requirement. The Senate Rules Committee April…
By: Sam Miller, FIC ConsultantSB 182 Consumer Protection from Nonmedical Changes to Prescription Drug Formularies (Mayfield) Health insurance rates could go up because of bills freezing prescription drug formularies during the 12-month contract year, Associated Industries of Florida is warning. Forty doctor and patient advocacy groups still support the measure, which continues to move through…