FIC: Hurricane Irma Update – Senate Banking & Insurance Committee Meeting

By:  Katrina Callaway, FIC General Counsel The Senate Banking and Insurance held a committee meeting on October 10, 2017 where the committee was provided updates on Hurricane Irma from various stakeholders as follows: Update from Commissioner AltmaierSteps the OIR took ahead of the storm to prepare for the event:  consumer outreach, outreach to insurers, liaison…

GT: Workers’ Compensation Discussion In House Commerce Committee

By:  Greenberg Traurig Following is a summary of the workers’  compensation discussion held in the House Commerce Committee on October 10, 2017.  The summary is provided by Greenberg Traurig. Chairman Burgess:          The following persons will be providing an update regarding Workers’ Compensation:                                                 Jeff Eddinger, Senior Division Executive                                                National Council on Compensation Insurance (NCCI)                                                …

FIC: Zip Code Rating Repeal Filed in Senate

By:  Katrina Callaway, FIC General Counsel On October 3, 2017, Sen. Farmer, a trial lawyer, filed SB 410 which repeals current law allowing zip code rating for auto insurance under specified conditions and as long as the rate is not excessive, inadequate, or unfairly discriminatory.  The bill also prohibits insurers from using a single zip…