Florida Insurance Council - Covering Florida Since 1962
By: Katrina Callaway, FIC General Counsel On March 11, 2019, the Senate Banking and Insurance Committee passed SB 264 which deals with how the Florida Workers’ Compensation Joint Underwriting Association (FWCJUA) handles unclaimed dividends and premium refunds. One amendment was adopted to the bill. The amendment puts more parameters around the process the FWCJUA…
By: Katrina Callaway, FIC General Counsel During its meeting on March 11, 2019, the Senate Banking and Insurance Committee passed SB 538, a bill dealing with surplus lines, with one amendment. The amendment removed the section of the bill that dealt with which surplus lines premium tax rate Florida insureds paid when the insured…
By: Katrina Callaway, FIC General Counsel SB 258 prohibits life insurers, long-term care insurers, and disability insurers from cancelling, limiting, or denying coverage or establishing different premiums based on the genetic information. The bill also prohibits these insurers from using genetic information or requiring genetic testing for any insurance purpose unless there is a diagnosis…
By: Katrina Callaway, FIC General Counsel SB 754, by Rep. Stewart (D), passed its first committee on March 11, 2019. The bill was not amended. The bill prohibits the shops or an employee of the shop to offer customers a rebate, gift, gift card, cash, coupon, or other thing of value for making an insurance…
By: Katrina Callaway, FIC General Counsel SB 524 creates a voluntary health shared savings incentive program to allow health insurers and HMOs to provide cash or other incentives to insureds when they obtain shoppable health care services on the insurer’s or HMO’s shared savings incentive list. The shoppable services are those that are non-emergency, including…
2019 Presession Summaries Agent.pdf
2019 Presession Summaries Budget.pdf