Florida Insurance Council - Covering Florida Since 1962
By: Katrina Callaway, FIC General Counsel A stand-alone bad faith bill emerged in the Senate this week in advance of the 2020 Session. Sen. Brandes (R), the bill sponsor, has previously sponsored bad faith legislation, is well versed in the subject, and feels strongly about finding solutions to the bad faith problem. SB 924, includes…
By: Katrina Callaway, FIC General Counsel During its meeting on November 12, 2019, the Senate Banking and Insurance Committee passed a strike all amendment to SB 292 (amendment 304154), the bill requiring virtually all insurers, including surplus lines, to provide a free annual loss run statements covering five years to insureds within 15 days of…
By: Katrina Callaway, FIC General Counsel SB 540, dealing with FIGA and FWCIGA, unanimously passed its first Senate committee on November 12, 2019 and has two committees left. The bill was not amended. It is supported by FIGA and FWCIGA and is substantially similar to a bill that passed the House last year, but not…
By: Joy Ryan, FIC lobbyist from Meenan Law SPB 7012 was submitted as a committee bill by the Senate Children, Families, and Elder Affairs Committee. The bill unanimously passed the committee on November 12, 2019. It will now receive other committee references. Two amendments were adopted. Amendment 604142 was substituted for amendment 360222 and dealt…
By: Katrina Callaway, FIC General Counsel A bill (HB 329) primarily clarifying how FIGA and FWCIGA levy assessments against insurers passed its first House committee on November 6, 2019. The bill was not amended. The bill is supported by the guaranty associations and is substantially similar to a bill that passed the House last year,…
By: Katrina Callaway, FIC General Counsel A bill requiring virtually all insurers, including surplus lines insurers, to provide a free annual loss run statements covering five years to insureds within 15 days of a request cleared its first House committee on November 6, 2019. The bill is supported by the FAIA, the insurance agents association.…
By: Katrina Callaway, FIC General Counsel The Senate Health Policy committee heard from the following stakeholders: Pharmacy Benefit Managers (PBMs): Lauren Rowley, Pharmaceutical Care Management Association (PCMA), Physicians: Dr. Madelaine Feldman, practicing rheumatologist, Health Plans: Audrey Brown Bridges, Florida Association of Health Plans (FAHP), and Pharmacists: Kevin Duane, independent pharmacist. A copy…