FIC: Omnibus Insurance Bill With Auto Cancellation, WC PayPal, CRN, Deemer Fix and More Passes Senate
By: Katrina Callaway, FIC General Counsel SB 1606 passed the full Senate on March 9, 2020 without debate and with a vote of 40-0. A floor amendment allowing insurers to use hurricane model averages and authorizing the Office of Insurance Regulation (OIR) to examine an insurer’s managing general agents or holding company was withdrawn…