By: Katrina Callaway, FIC General Counsel On March 22, 2017, the House Commerce Committee approved, HB 805, which simplifies the transfer of residential insurance policies from a “pup” to the parent company. The bill was amended to conform it to the Senate bill and will now be heard on the House floor when scheduled by…
By: Sam Miller, FIC Consultant Sen. Aaron Bean’s bill (CS/SB 430) promoting discount medical plans and “saving money and doing other great things” was advanced March 21 by the Senate Appropriations Subcommittee on Health & Human Services. It now goes to the full Appropriations Committee, its last stop before the Senate floor. A similar House…
By: Sam Miller, FIC Consultant Former Senate President Tom Lee’s bill (CS/CS/SB 240) to promote direct primary care and specify it is not regulated insurance passed the Senate Appropriations Subcommittee on Health & Human Services March 21, moving it to the full Appropriations Committee and probably the full Senate after that. A similar bill (CS/HB…
By: Katrina Callaway, FIC General Counsel The House health insurance right to shop bill, HB 449, passed a House appropriations subcommittee on March 21, 2017. The only change made by the committee to the bill was to appropriate $75,000 from the Insurance Regulatory Trust Fund to OIR to help defray their costs to implement the…
By: Katrina Callaway, FIC General Counsel Insurers’ participation in an auto insurance online verification system would be mandatory under a bill approved by a House subcommittee on March 21, 2017. The bill, HB 913, passed its first committee with a delete everything amendment that was primarily technical in nature and requested by the Department of…
For Immediate Release: Tuesday, March 21, 2017Contact: Christina Johnson, Christina@On3PR.com, 850.391.5040 Statement by Cecil Pearce, President of the Florida Insurance Council, on SB 378 Passing the Senate Appropriations Subcommittee on Finance and Tax Today (Tallahassee, Fla.) – Below is a statement by Cecil Pearce, President of the Florida Insurance Council, on SB 378 before…
By: Sam Miller, FIC Consultant SB 378 Taxation — by FloresThis amendment was adopted 728458 With the bill sponsor calling the insurer and business community arguments against the salary tax credit repeal bill “baloney,” Senate President Joe Negron’s initiative to repeal the $300 million insurance premium tax salary credit passed the Senate Finance & Tax…
By: Katrina Callaway, FIC General Counsel On Monday, the First District Court of Appeal ruled in favor of State Farm Florida holding the homeowners’ insurance QUASR data it submits to the OIR is exempt from public disclosure as a trade secret. The court’s opinion is here. The Court held the data was a trade secret…
By: Katrina Callaway, FIC General Counsel The House insurance omnibus bill, HB 359, moved to its last committee of reference on March 20, 2017. The bill was not amended in committee. Although the named driver exclusion provision is still in the House bill, the bill sponsor suggested this provision may be changed at the…
By: Katrina Callaway, FIC General Counsel The Department of Financial Services (DFS) agency bill, HB 925, which addresses clean-up issues within the Divisions of Treasury, Accounting and Auditing, State Fire Marshal, Agent and Agency Services, and Risk Management passed its first committee on March 20, 2017. The committee adopted a delete everything amendment to…