FIC: Insolvency Bill Passes

By:  Katrina Callaway, FIC General Counsel The Department of Financial Services (DFS) insolvency package, HB 837, passed the Legislature on May 3, 2017 and will now be sent to the Governor for approval.   The House passed the bill on April 26, 2017 and the Senate passed it on May 3, 2017. The bill is…

FIC: FLAHIGA Bill Bouncing Back to House

By:   Katrina Callaway, FIC General Counsel HB 307 related to the Florida Life and Health Insurance Guaranty Association (FLAHIGA or Association) passed the House on April 20, 2017 and was sent to the Senate for consideration and approval.  The Senate considered the bill on the floor on May 3, 2017 and amended it.   The…

FIC: Insolvency Bill Should Pass

By:  Katrina Callaway, FIC General Counsel On April 26, 2017, the Florida House passed the Department of Financial Services (DFS) insolvency package, HB 837. The Senate took up the bill on May 2, 2017, substituted the House bill for the Senate bill, and did not amend the House bill.  The Senate is expected to vote…

FIC: Med Synch Bill Soon Going to Governor

By:  Sam Miller, FIC Consultant It is down to one final vote before the medication synchronization bill goes to Governor Rick Scott. The House on May 2 substituted the Senate-passed legislation (CS/CS/SB 800) for its bill (HB 1191). House members can give the bill final approval and a trip to Scott’s desk when they next…