Florida Insurance Council - Covering Florida Since 1962
By: Katrina Callaway, FIC General Counsel On January 15, 2020, the Senate Banking and Insurance Committee passed SB 116 with one amendment. The bill requires individual and group health insurance policies and health maintenance organization (HMO) contracts that provide coverage for prescription insulin drugs for the treatment of diabetes to cap the cost sharing of…
By: Katrina Callaway, FIC General Counsel SB 1188 creates a public records exemption for certain sensitive business information held by the Department of Financial Services (DFS) which is protected from public records disclosure requirements if held by the Office of Insurance Regulation (OIR). Disclosure of the exempted information, which includes Own-Risk and Solvency Assessment (ORSA)…
By: Katrina Callaway, FIC General Counsel On January 10, 2020, Sen. Gainer (R-Panama City) filed a bill proposing significant changes to property insurance law. He filed the bill presumably as a result of his constituent’s experience with Hurricane Michael claims. There is no House companion bill yet. The primary focus of SB 1760 is surplus…