FIC: FLAHIGA Bill Passes House

By:  Katrina Callaway, FIC General Counsel On April 20, 2017, the Florida Life and Health Insurance Guaranty Association (FLAHIGA) bill, HB 307, was approved by the House unanimously and sent to the Senate.   The Senate bill is identical to the House bill and has one committee left. The bill:•    Increases the FLAHIGA administrative assessment…

FIC: DMPO Bill Closer To Passage

By:  Katrina Callaway, FIC General Counsel HB 577, a bill designed to update regulation of discount medical plan organizations (DMPOs) passed the House on April 20, 2017.  The bill now goes to the Senate for consideration. The Senate companion, SB 430, passed its last committee, Appropriations, on April 20, 2017 with one amendment to conform…

FIC: STOLI Bill Heads to Last Senate Committee

By:  Katrina Callaway, FIC General Counsel The Senate stranger oriented life insurance (STOLI) bill, SB 1600, cleared another committee hurdle on April 20, 2017 when the Senate Appropriations Committee unanimously approved it with four amendments described below.  The bill is now its last committee, Rules. The STOLI bill is a priority of the FIC Life…

FIC: Senate Comp Leader Sees Deal with House on Attorneys Fees, Hospital Costs

By:  Sam Miller, FIC Consultant Senate workers comp package sponsor Rob Bradley predicted to the Senate Rules Committee April 19 that Senate and House negotiators will bridge differences on attorneys fees and hospital reimbursements and produce a solid agreement with significant reductions in workers’ comp costs. He spoke as the Rules Committee approved the Bradley…