Florida Insurance Council - Covering Florida Since 1962
By: Katrina Callaway, FIC General Counsel The House moved their vulnerable investor protection bill (HB 143) out of its last committee on April 4, 2019. It will next be heard on the House floor when set by the Rules Committee. SB 1466, the Senate companion, is in its last committee. Thus, the bills are in…
By: Katrina Callaway, FIC General Counsel On April 3, 2019, the House moved its life insurance genetic testing prohibition bill (HB 879) by a vote of 10-7. This was the last committee stop for the bill which now will be heard on the House floor when set by the Rules Committee. The vote on the…
By: Katrina Callaway, FIC General Counsel The Senate both moved their vulnerable investor protection bill in committee for the second week in a row. SB 1466, passed its second committee on April 1, 2019 with a strike all amendment that kept the substance of the bill, but made some minor changes. The Senate…
By: Katrina Callaway, FIC General Counsel Saying he wanted more time to negotiate a compromise with the stakeholders, the Senator sponsoring the genetic testing bill asked that the bill (SB 258) be postponed during its committee hearing on April 1, 2019. The bill will likely be heard next Monday when the committee next meets. The…
By: Katrina Callaway, FIC General Counsel On March 26, 2019, with the bill sponsor again citing privacy concerns as the impetus for the bill, the House moved its bill (HB 879) to prohibit life and long-term care insurers from using genetic information out of its second committee by a vote of 9-6. All five of…
By: Katrina Callaway, FIC General Counsel The House and Senate both moved their vulnerable investor protection bills in committee this week. The Senate bill, SB 1466, passed its first committee on March 25, 2019 and the House bill, HB 143 passed its second committee on March 26, 2019. Neither bill was amended. Some in the life…
By: Katrina Callaway, FIC General Counsel With the bill sponsoring citing privacy concerns, the House moved its genetic testing prohibition bill (HB 879) out of its first committee on March 13, 2019 with a vote of 11-3. The dissenting votes were from three of the five Democrats on the committee. The Senate version (SB 258)…
By: Katrina Callaway, FIC General Counsel The House Insurance and Banking Subcommittee adopted a committee substitute for the vulnerable investor bill during its meeting on March 13, 2019. The committee substitute replaces the originally filed version of the bill. Some in the life insurance community are following this bill closely due to the employee training…
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 The bill to equalize the payment for long term care insolvencies by the Florida Life & Health Guaranty Association (FLAHIGA) passed its first House committee on March 7, 2019 in a very close vote. By a vote of 8-5, the House Insurance & Banking Subcommittee passed HB 673…