Florida Insurance Council - Covering Florida Since 1962
By: Katrina Callaway, FIC General Counsel This year’s Senate insurance omnibus bill, SB 784, passed its second committee in the Senate on February 20, 2018 and now has one committee left. Two amendments were adopted in committee. One amendment removed the surplus lines export eligibility provision from the bill. That provision lowered from $1,000,000 to…
By: Katrina Callaway, FIC General Counsel Speaker Corcoran’s priority legislation creating a uniform law to protect the confidentiality of trade secret information provided to state agencies and to set a uniform process for all agencies to use when a public records request is received for that information will be voted on by the full House…
By: Katrina Callaway, FIC General Counsel On February 20, 2018, the Senate Banking and Insurance Committee approved SB 1568 which is designed to allow illegal immigrants hurt on the job to receive workers’ compensation benefits despite their immigration status. The committee adopted a strike all amendment before approving the bill. According to the bill…
By: Katrina Callaway, FIC General Counsel The construction defect statute of repose bill, HB 875 will be voted on by the full House on February 21, 2018, the next time the House is in session. We expect the bill will pass the House. The Senate bill, SB 536, is identical and has one committee left. …
By: Katrina Callaway, FIC General Counsel The Senate Banking and Insurance Committee unanimously approved SB 1866 during its last meeting on February 20, 2018. The committee adopted a strike all amendment (#647458) to the bill. The strike all amendment authorizes workers’ compensation insureds meeting certain criteria to participate in a qualified shared underwriting result participation…
By: Katrina Callaway, FIC General Counsel The Senate moved their CAT Fund (Fund) bill out of its first committee on February 20, 2018 without amendment. SB 1454 repeals the rapid cash build up factor and does not replace it with anything. The vote to approve the bill was 8-3. The Senate bill has two committees…
By: Katrina Callaway, FIC General Counsel Compromise language agreed to by the health insurance industry, the pharmacy industry and pharmacy benefit managers (PBMs) was added to the Senate PBM bill (SB 1494) on February 20, 2018 at its second committee stop. The bill has one committee left. Representatives of the pharmacy industry and health…