Florida Insurance Council - Covering Florida Since 1962
By: Sam Miller, FIC ConsultantHB 1205 Viatical Settlement Contracts — by Stevenson896111 — by Stevenson063463 — by Stevenson The Florida House overwhelmingly approved legislation (HB 1205E1) on April 26 overruling the Florida Supreme Court’s Wells Fargo v. Pruco Life decision and giving life insurers five years, under certain circumstances, to contest STOLI policies. The companion…
By: Sam Miller, FIC Consultant HB 813 Flood Insurance — by Lee Jr. (L) “This is the bill that makes flood insurance more available to the citizens of the State of Florida,” said Rep. Larry Lee, D-Fort Pearce. Lee, the House bill sponsor, spoke just before the House passed 115-0 the 2017 legislation (CS/CS/HB 813) …
By: Sam Miller, FIC Consultant (Information from FIC lobbyist Greenberg Traurig was used in this report) The Florida House April 26 approved 91-26 a package of assignment of benefits reforms, including two-way attorneys fees. This bill (HB 1421) goes to the Florida Senate which has not taken up attorneys fee reform during its AOB deliberations. …
by: Katrina Callaway, FIC General Counsel On April 26, 2017, the House unanimously passed HB 911, the omnibus adjuster licensing and regulation bill and sent it to the Senate for consideration. The Senate companion, SB 922, has cleared all its committees and is waiting to be heard on the Senate floor. The House and Senate…
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 and was heard by the Senate on April 26, 2017 when it substituted its bill for the House bill. The Senate is expected to vote on HB 577…
By: Katrina Callaway, FIC General Counsel The full Senate heard the medication synchronization bill on April 26, 2017 when the bill was discussed for the first time. No one asked any questions about the bill when it was heard. The Senate could pass the bill on April 27, 2017. The House companion, HB 1191, is…
By: Katrina Callaway, FIC General Counsel The Senate is expected to pass the frozen formulary bill, SB 182, on April 27, 2017. They heard it on the floor on April 26, 2017 and there were no questions about the bill. The bill is opposed to by the FIC Health Committee. The House companion bill, HB…
By: Katrina Callaway, FIC General Counsel Starting on January 1, 2018, SB 102 prohibits health insurers and HMOs from retroactively denying a claim, if at any time, the insurer or HMO verified the eligibility of an insured or subscriber at the time of treatment and provided an authorization number. The bill is opposed by the…
By: Katrina Callaway, FIC General Counsel The Senate bill to protect claimant information from being obtained by attorneys for solicitation purposes passed its last committee on April 25, 2017. The bill, SB 1008 was amended by the Rules Committee. The amendment primarily made technical and stylistic changes to the bill. Generally, the bill prevents…
By: Sam Miller, FIC Consultant HB 837 Insurer Insolvency — by Raburn The full House took up on April 25 the Department of Financial Services insolvency package (CS/CS/HB 837), with no amendments and no opposition. This comes up for a final vote April 26 and will go to the Senate, where similar legislation (SB 730)…