FIC: DFS Agency Bill With MGA And Exchange of Business Changes In Last House and Senate Committees

By:  Katrina Callaway, FIC General Counsel On February 6, 2018, committees in the House and Senate both approved agency bills for the Department of Financial Services (DFS).  HB 1073 and SB 1292 are now in their last committees, so have a good chance of passing. The House Governmental Operations and Technology Appropriations Subcommittee adopted two…

FIC: Adjuster Bill With Changes to Public Adjusters In Posture to Pass

By:  Katrina Callaway, FIC General Counsel On April 25, 2017, the Senate Appropriations Committee approved the omnibus adjuster licensing and regulation bill, SB 922 after adopting a delete everything amendment to remove the bill’s provisions requiring licensing of adjusting firms consistent with licensing of insurance agencies is also required by the bill.  The bill sponsor…