FIC: Package Adopts Provisions from NAIC Receivership Model Act, Comp Large Deductible Study

By: Sam Miller, FIC Consultant Passidomo amendment with recommendations from the NAIC 2016, Workers Compensation Large Deductibles Study adopted by the committee is available from this link: 374774. Farmer amendment adopted by the committee is available from this link: 865748. Senate B&I Staff Analysis is available from this link: SB 730 Staff Analysis. It does not…

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FIC Press Release: Florida’s Top Business Organizations, Insurance Council Urge Lawmakers to Keep Tax Benefit for Florida Consumers

For Immediate Release: Monday, March 6, 2017Contact: Christina Johnson, Christina@On3PR.com, 850.391.5040   Florida’s Top Business Organizations, Insurance Council Urge Lawmakers to Keep Tax Benefit for Florida Consumers-SB 378 produces no net relief for Florida taxpayers, could be a major job killer-   (Tallahassee, Fla.) – The Associated Industries of Florida (AIF), the Florida Chamber of…

FIC: WC Reimbursement Manual Ratification Bill Goes to Last Committee

By:  Katrina Callaway, FIC General Counsel SB 404 which exempts workers’ compensation reimbursement allowances and manuals adopted by rule by DFS from legislative rule ratification unanimously passed its second committee on March 6, 2017.  The bill was not amended and has one committee left. Under current law, the reimbursement allowances and reimbursement manuals approved by…