Florida Insurance Council - Covering Florida Since 1962
By: Katrina Callaway, FIC General Counsel The House moved their PBM regulation bill (link to HB 7045) to the last committee on February 11, 2020 when House Appropriations approved the bill. The bill was not amended. House PBM Bill – HB 7045 The House bill deals with reporting on drug rebates, administrative fees, and…
By: Katrina Callaway, FIC General Counsel The House PIP repeal bill (lHB 771) moved through two committees in two weeks after having lingered in committee for months. Thus, it looks like the bill is now being fast tracked. The House passed PIP repeal the past few Sessions where it has died in the Senate. The…
By: Katrina Callaway, FIC General Counsel On February 11, 2020, a vote on Sen. Brandes’ (R) bad faith reform bill was postponed for the third time when the committee ran out of meeting time. However, bad faith reform was approved by the committee in an amendment on another bill, SB 1334 (452858), an insurance…
By: Katrina Callaway, FIC General Counsel SB 1366 provides more flexibility on who pays taxes on trust investments. Specifically, the bill allows an independent trustee of any grantor trust to reimburse the grantor for all or part of the income taxes paid by the grantor as a result of the trust’s income. The life…
By: Katrina Callaway, FIC General Counsel HB 1297 makes changes to the drug-free workplace programs in Chapters 112 and 440, F.S. to align Florida’s drug free workplace law with the federal drug free workplace law. The bill was approved by its second House committee of reference on February 11, 2020 without amendment. The bill has…
By: Katrina Callaway, FIC General Counsel A bill mandating health insurance coverage for children with hearing loss from birth through 21 years of age passed its second committee on February 11, 2020 when the Senate Health Policy Committee approved SB 1006 with one amendment that did not change the intent of the bill, but cleaned…
By: Katrina Callaway, FIC General Counsel On February 11, 2020, the Senate Health Policy Committee approved a strike all amendment (715644) to the newborn eye care mandate bill to remove the health insurance coverage mandate and instead limit the bill to provision of a pamphlet on eye and vision disorders. The original version of the…
By: Katrina Callaway, FIC General Counsel HB 1089 provides more flexibility on who pays taxes on trust investments. Specifically, the bill allows an independent trustee of any grantor trust to reimburse the grantor for all or part of the income taxes paid by the grantor as a result of the trust’s income. The life…
By: Katrina Callaway, FIC General Counsel A bill increasing the FIGA coverage limit and the FIGA emergency assessment maximum for condominium association and homeowners’ association FIGA claims passed its second House committee on February 11, 2020 without amendment. The bill has one committee left. Upon insurer insolvency, FIGA is currently obligated to pay an insured…
By: Katrina Callaway, FIC General Counsel SB 1154 is a comprehensive condo association bill that contains one insurance provision. That provision prohibits a condo unit owner’s property policy from allowing the unit owner to subrogate against the condo association if the association’s policy does not allow the association to subrogate against the unit owner. …