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Senate President Don Gaetz recently discussed the possibility that the legislature could renew efforts in 2014 to repeal the salary tax credit available to insurers for employees hired within Florida. The Senate tried to repeal the salary tax credit this year and use the increased revenues to reduce motor vehicle registration fees by $12 per registration. Gaetz […]
Most observers would concede that Florida’s insurance code is complicated enough as it stands. In the health insurance context, it contains numerous requirements governing insurers, their financial requirements and obligations, product offerings and benefits, and other issues. This year, Florida lawmakers are dealing with an added dimension of complexity– reconciling the insurance code to the […]
The State of Florida has not moved forward with efforts to create a health insurance exchange under the Affordable Care Act. However, with President Obama winning another term and the Affordable Care Act being here to stay, Florida is now considering a range of health care issues. Governor Rick Scott recently requested the opportunity to meet with federal […]
The 2012 election cycle is over, or at least heading that direction as a few races remain subject to possible recounts. This paves the way for the House and Senate to hold an organizational session to swear in members and transition leadership to new Senate President Don Gaetz and Speaker of the House Will Weatherford. […]
It was another interesting week in Citizens Property Insurance Corporation’s development of a proposed depopulation incentive program. Citizens has been working on a plan that would allow certain insurers to qualify for up to $350 million in surplus notes in exchange for agreeing to remove policies for a 10-year period. In the meantime, other insurers […]
Governor Rick Scott has signed HB 7055 into law restoring the Governor’s ability to directing rulemaking at agencies under his control. The legislature passed the bill this year in response to the Florida Supreme Court’s decision in Whiley v. Scott. That case arose from the Governor’s first official act when he took office, which was […]
