FIC: Vulnerable Investor Bill Passes House

By:  Katrina Callaway, FIC General Counsel On April 17, 2019, the House heard their vulnerable investor protection bill (HB 143) on the floor, waived the rules to roll it to third reading, and voted on it.  It passed by a vote of 117-0.  SB 1466, the Senate companion, is in its last committee.  Thus, the…

FIC: FLAHIGA Bill Ready For Senate Floor

By:  Katrina Callaway, FIC General Counsel SB 626, the bill to equalize payment for long term care insolvencies by the Florida Life & Health Guaranty Association (FLAHIGA), passed its last Senate committee on April 11, 2019.  It was not amended.   The bill is patterned on the NAIC model act for funding long-term care insolvencies…