Capitol to Courthouse Florida Insurance Report: Monday, March 23, 2015
Mar 23, 2015
To go directly to the section of your choice, click on a hyperlink below. Other hyperlinks to meeting information, bills and news are noted in bold type.
10:00 a.m.–Florida Hurricane Catastrophe Fund Rule Development Workshop. Proposed amendments to Rule 19-8.028, “Reimbursement Premium Formula.”
11:00 a.m.–Florida Insurance Guaranty Association Board of Directors teleconference meeting. Discussion of 2015 legislative updates. To view the meeting notice, click here.
1:30 p.m.—Florida Senate Committee on Banking and Insurance meeting. To view the meeting packet, click here. Agenda includes consideration of the following bills, among others:
- SB 1006 relating to Depopulation of Citizens Property Insurance Corporation
- SB 1088 relating to Civil Remedies Against Insurers
- SB 1064 relating to Assignment of Post-Loss Insurance Policy Benefits
- SB 1298 relating to Insurance for Short-Term Rental and Transportation Network Companies
- SB 830 relating to Regulation of Corporation Not for Profit Self-Insurance Funds
2:00 p.m.–Florida Self-Insurers Guaranty Association Audit Committee meeting. Teleconference: (866) 866-2244; conference code: 7903005.
While lawyers wrangle in court over red-light cameras and state lawmakers threaten to overhaul rules governing the controversial devices, some Florida cities have simply turned them off, Orlando Sentinel’s Stephen Hudak reports.
Under Florida law, clinics that accept payments only in cash and refuse insurance payouts — as Biogenesis did — aren’t regulated by Florida’s Agency for Health Care Administration, Tim Elfrink reports for the Miami New Times.
The Florida Medical Association is championing a bill that would limit an HMO or insurance company’s ability to limit access to pharmaceuticals or other covered services is being heard by its second committee in the Senate this week. SaintPetersBlog.com’s Christine Jordan Sexton reports.
Legislation that has been filed in the Florida Legislature this year that would make it easier for patients to be targeted and ultimately harmed by discount contact lens websites and retailers, SaintPetersBlog.com’s Peter Schorsch writes.
As the release of the House and Senate budgets showed on Friday, Florida’s financial picture has changed dramatically. Florida Governor Rick Scott, who’s gotten used to having much of his agenda endorsed by the Republican-controlled Legislature in past years, could be due for a disappointment, explains Tampa Bay Times’ Michael Van Sickler via “The Buzz” blog.
- House releases $76.2 billion budget, sans LIP, Medicaid expansion money
- Senate releases $80.4 billion budget (this is the one with LIP, Medicaid expansion)
After two years of negative reports, lawmakers are prepared to end a decades-old program giving tax breaks to businesses in areas with chronic poverty and unemployment, Gray Rohrer reports for the Orlando Sentinel.
Florida relies heavily on a federal transportation trust fund that is nearly insolvent, Tampa Bay Times’ Michael Van Sickler reports via “The Buzz” blog.
A legislative effort to put together whiskey and Wheaties – a proposal backed by a future Senate president – may be fading, James Rosica reports for the “Political Fix Florida” blog.
Today will be the busiest Monday so far, especially for the Senate, an appropriate start for what should be the most hectic week yet, Tampa Bay Times’ Michael Van Sickler forecasts via “The Buzz” blog.
Florida lawmakers are in the process of overhauling the state’s guardianship laws. The changes are aimed at installing some checks and balances to ensure that guardians, who have considerable power once they are appointed to a case, are qualified and that their actions can be reviewed. Carli Teproff and Kathleen McGrory report for the Tampa Bay Times.
The New York Department of Financial Services on March 18 sent out letters to hundreds of property/casualty insurers operating in the state, seeking information on price optimization, Insurance Journal reports.
The Tennessee Supreme Court has announced the creation of a new business court pilot project that aims to make complex commercial litigation more efficient, Insurance Journal reports.
The Bank of England said on Friday that it would apply new European Union insurance regulations “proportionately,” following industry fears that the central bank might seek to add extra rules for companies based in Britain, Reuters reports via Insurance Journal.
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