Florida Insurance Council - Covering Florida Since 1962
By: Katrina Callaway, FIC General Counsel The Senate Banking and Insurance Committee unanimously approved SB 1866 during its last meeting on February 20, 2018. The committee adopted a strike all amendment (#647458) to the bill. The strike all amendment authorizes workers’ compensation insureds meeting certain criteria to participate in a qualified shared underwriting result participation…
By: Katrina Callaway, FIC General Counsel The Senate moved their CAT Fund (Fund) bill out of its first committee on February 20, 2018 without amendment. SB 1454 repeals the rapid cash build up factor and does not replace it with anything. The vote to approve the bill was 8-3. The Senate bill has two committees…
By: Katrina Callaway, FIC General Counsel Compromise language agreed to by the health insurance industry, the pharmacy industry and pharmacy benefit managers (PBMs) was added to the Senate PBM bill (SB 1494) on February 20, 2018 at its second committee stop. The bill has one committee left. Representatives of the pharmacy industry and health…
By: Katrina Callaway, FIC General Counsel The Department of Financial Services (DFS) agency bill passed its last committee in the House and Senate last week. Thus, passage of the bill is likely. On February 13, 2018, HB 1073 passed its last House committee, the House Commerce Committee. One amendment was adopted to the House bill…
By: Katrina Callaway, FIC General Counsel Compromise language agreed to by the health insurance industry, the pharmacy industry and pharmacy benefit managers (PBMs) was added to the House PBM bill at its last committee stop. The agreed upon language was added to HB 351 via a strike all amendment (#480683) adopted by the House…
By: Katrina Callaway, FIC General Counsel On February 14, 2018, the Florida House of Representatives unanimously passed the life insurance genetic testing bill (HB 855) by a vote of 109-0. The vote sheet can be viewed here. At the outset of the floor session on February 14th, the House Speaker announced an agreement with the…
By: Katrina Callaway, FIC General Counsel The Senate telehealth bill, SB 280, unanimously passed its third committee on February 14, 2018 without amendment. The bill has one committee stop left. The House telehealth bill, HB 793, has not been heard in its first committee and that committee is not scheduled to meet again this Session. …
By: Katrina Callaway, FIC General Counsel On February 14, 2018, HB 483 was heard on Special Order, rolled to third reading, and approved by the full House with a vote of 114-0. The bill will now be sent to the Senate for consideration and approval. The Senate companion bill, SB 762, is in its last…
By: Katrina Callaway, FIC General Counsel HB 1011 provides more disclosure to homeowners about the lack of flood coverage in their property insurance policy. The bill was heard on the House floor on February 14, 2018, rolled to third reading and voted on. The bill passed by a vote of 115-0. It now goes…
By: Katrina Callaway, FIC General Counsel The House retroactive denial of claims bill, HB 217, passed its second committee on February 14, 2018 with a vote of 21-6. The vote count in the first committee was 10-2. Importantly, some of the “no” votes were from members of the House leadership team, including Rep. Cummings…