Transcript Highlights:

• Children with autism on the insurance side did a grant through Life Path, the local LITA, and it was
• They didn't have access to the insurance, and then they also didn't have services within the district
• On the insurance for our crisis, I'm probably at about 50, so anywhere.
• You commented on the TEA side, and then you commented on the insurance side.
• And then they will go through their insurance to receive the medical services and treatment.

Bills: SB205 , SB582 , SB625 , SB1884 , SB1903 , SB2600 , SB2617 , SB2751 , SB111 , SB3061 , SB1908

Committees: Senate Education , Senate Education K-16

Transcript Highlights:

• Education and Workforce Development, housing, homelessness, and stabilizing Hawaii's property insurance
• <00:03:08.519><c> General</c><00:03:08.920><c> governance</c><00:03:09.319><c> and</c> insurance General
• governance and insurance General governance and constitutional<00:03:10.319><c> rights</c><00:03:11.239
• </c><00:16:02.839><c> and</c><00:16:03.000><c> prepaid</c> disability insurance and prepaid disability
• insurance and prepaid Healthcare<00:16:04.199><c> laws</c><00:16:05.199><c> for</c><00:16:05.880><c>

Committee: Senate Ways and Means

Summary: The committee met in decision-making only and first took up HB 300, the Senate majority budget package. The chair described the bill as a response to economic uncertainty and reduced revenue forecasts, and outlined a wide range of appropriations and staffing changes across state agencies, including agriculture, education, health, public safety, housing, labor, natural resources, and corrections. The package emphasized one-year funding for many new programs, vacancy reductions, and investments in services such as preschool, mental health, wildfire mitigation, cybersecurity, public access, and workforce development. HB 300 was recommended to pass with amendments and was adopted unanimously, with members voting yes and no reservations noted only as procedural responses. The committee then acted on HB 794 and HB 795, both recommended to pass with amendments by changing the defective date to 2050; both measures were adopted without discussion. On the 101 agenda, HB 400, the Judiciary budget bill, was recommended to pass with amendments. The bill included vacancy reductions, security funding, permanent staffing for several court and justice programs, and support for civil legal services, immigration-related services, and technology licenses. HB 400 was adopted. HB 410 was also adopted with amendments and a defective date change to 2050. On the 102 agenda, the committee passed several bills either unamended or with targeted amendments. HB 3, HB 134, HB 177, HB 237, HB 648, HB 713, HB 735, HB 1391, and HB 1462 were passed unamended. HB 214 passed with amendments expanding eligibility for retired employees to fill labor-shortage or succession-planning positions, including certain management positions excluded from collective bargaining; one member raised concerns about school resource officers and community fit, which the chair said could be addressed in the committee report. HB 441 passed with amendments to direct cigarette tax funds to the Hawaii Cancer Research Special Fund, with a discussion about whether e-cigarettes should be included. Other measures passed with amendments included HB 448, HB 667, HB 727, HB 740, HB 806, HB 1020, HB 1345, and HB 1365, generally involving date changes, blank appropriations, or technical language. HB 1391 was adopted with a reservation from Senator Kim. The meeting concluded with HB 1462 adopted unamended.

Transcript Highlights:

• And then think about the insurance cost.
• And then think about the insurance<00:07:27.599><c> cost.
• If you were able to try insurance cost.
• They are responsible for insurance.
• The driver pays for tires, insurance.

Transcript Highlights:

• So, this wasn't built with, "Okay, how do we just make insurance pay for this or that?"
• </c><01:04:15.520><c> It's</c> maximize insurance reimbursement.
• It's maximize insurance reimbursement.
• pay for this or just make insurance pay for this or that?"
• ><c> nightmare</c><01:07:41.440><c> of</c><01:07:41.560><c> people</c> facing an insurance nightmare

Bills: HB2246 , HB2119 , HB1929 , HB1953 , HB1572 , HB2549 , HB2594 , HB2551 , HB2595 , HB2548 , HB2459 , HB1931 , HB1604 , HB1616 , HB1736 , HB2233 , HB2241 , HB1891 , HB1803 , HB2567 , HB2534 , HB2399 , HB2172 , HB1595 , HB1811 , HB2168 , HB1780 , HB1781 , HB1785 , HB2122 , HB2012 , HB2398 , HB1779 , HB2296 , HB1894 , HB1925 , HB2019 , HB1896 , HB2294 , HB2298 , HB2300 , HB2344 , HB2345 , HB2391 , HB2037 , HB2201 , HB1941 , HB1635 , HB1943 , HB2325 , HB1926 , HB2490 , HB1710 , HB2545 , HB1976 , HB2173 , HB1804 , HB1563 , HB2015 , HB1619 , HB2475 , HB1889 , HB2367 , HB2187 , HB1765 , HB1452 , HB2231 , HB1700 , HB1705 , HB1626 , HB1897 , HB1642 , HB1523 , HB2593 , HB815 , HB1655 , HB1596 , HB1732 , HB1842 , HB2476 , HB2478 , HB2022 , HB1588 , HB2575 , HB1163 , HB2153 , HB772 , HB1519 , HB2050 , HB2309 , HB2147 , HB2329 , HB2274 , HB2280 , HB2547 , HB2275 , HB2452 , HB2306 , HB2148 , HB2088 , HB1764 , HB2438 , HB2117 , HB1860 , HB2604 , HB2118 , HB2017 , HB2155 , HB1832 , HB2216 , HB1601 , HB1934 , HB2297 , HB2397 , HB1893 , HB2533 , HB1890 , HB2454 , HB2004 , HB2427 , HB2207 , HB1810 , HB1840 , HB1644 , HB1645 , HB1946 , HB1648 , HB2324 , HB2323 , HB1509 , HB1514 , HB1515 , HB2164 , HB2165 , HB2283 , HB1691 , HB2386 , HB2423 , HB2121 , HB1984 , HB1593 , HB1671 , HB2619 , HB1481 , HB2314 , HB2319 , HB1643 , HB2558 , HB1864 , HB1898 , HB2214 , HB2167 , HB2488 , HB2009 , HB2007 , HB322 , HB1964 , HB2218 , HB2616 , HB1535 , HB1574 , HB1977 , HB2054 , HB2046 , HB146 , HB2094 , HB2181 , HB2250 , HB2515 , HB2444 , HB2385 , HB1740 , HB1724 , HB1733 , HB1799 , HB1725 , HB2049 , HB2161 , HB1970 , HB2519 , HB1790 , HB2416 , HB1873 , HB2001 , HB2151 , HB1603 , HB1880 , HB1753 , HB2198 , HB1511 , HB1991 , HB2546 , HB1615 , HB1939 , HB2140 , HB2429 , HB1870 , HB1850 , HB1782 , HB2137

Transcript Highlights:

• You brought up insurance. They are not covered as deeply as the property owner.
• And most of them now are, if they get paid out from their insurance, they'd rather just walk away and
• to cover either a rebuild or substantial repair to the property, because the cost of insurance is just
• to cover either a rebuild or substantial repair to the property, because the cost of insurance is just
• Insurance agents have told us this is just too hard to define the difference between property that's

Summary: The committee heard several housing bills, with the longest discussion focused on SB 79, which would allow more housing near high-capacity transit stops and on transit agency-owned land. The author and supporters argued it would address California’s housing shortage, reduce vehicle miles traveled, and strengthen transit systems by putting more residents near rail and rapid transit. Supporters included housing advocates, local officials, environmental groups, and transit-oriented development organizations. Opponents, including many cities, the League of California Cities, and some tenant and legal advocacy groups, raised concerns about affordability requirements, displacement, demolition protections, local control, and the bill’s interaction with existing local planning efforts. The committee discussed amendments to strengthen anti-displacement protections, minimum density, affordability standards, and a local flexibility alternative, and SB 79 was moved out on a due-pass-as-amended vote of 8-1, with one member not voting. The committee then took up SB 21, which would amend the Housing Crisis Act to allow limited unit reductions when converting deed-restricted SRO buildings into larger, more livable affordable units with private bathrooms, kitchens, and supportive services. The author and nonprofit housing providers said many SRO buildings are financially unsustainable and that the bill would preserve deeply affordable housing while improving conditions for residents. There was no organized opposition testimony at the hearing, though one business property group registered opposition. Members expressed support for the preservation-focused approach, and SB 21 was approved on an 8-0 vote and sent to the Assembly Committee on Local Government. Next, SB 92 was heard, a measure to close a density bonus loophole by limiting how much additional commercial floor area a project can receive and preventing the law from being used to justify very large nonresidential projects with only minimal affordable housing. The author cited a San Diego project as an example of the problem, and the City of San Diego supported the bill as a reasonable fix. Several labor and housing groups also supported it, while no formal opposition witnesses testified. The committee accepted amendments, members praised the effort to curb abuse while preserving feasibility, and SB 92 passed on a 7-0 vote. Finally, the committee began hearing SB 522, which would extend just-cause eviction protections to units rebuilt after disaster if they had previously been covered by the Tenant Protection Act. The author and the Los Angeles City Attorney said the bill would help preserve rental housing in disaster-affected communities, especially after the Pacific Palisades fires, and would not create new rent control. Opponents, including apartment, realtor, and property owner groups, argued it would add burdens to rebuilding and could discourage reconstruction. Members raised questions about whether existing law already protects returning tenants and whether the bill was necessary, and the hearing continued into committee discussion.

Transcript Highlights:

• Most of them have insurance. That insurance covers this defense cost.
• To answer one of the questions that came up, I'm not aware of any insurance, by any insurance carrier
• that will insure you against intentional acts.
• But that current insurance is not going to cover us against an intentional act. All right.
• Most general liability insurance policies will not cover intentional acts.

Bills: HB1520 , HB1525 , HB1530 , HB1535 , HB2068 , HB2091 , HB2347 , HB2372 , HB2805 , HB2815 , HB2867 , HB3154 , HB3482 , HB3483 , HB3663 , HB3781 , HB3901 , HB3915 , HB4135 , HB4153 , HB4158 , HB4329 , HB4331

Committee: House Natural Resources

Transcript Highlights:

• This represents some collaboration between the insurance— ...represents some collaboration between the
• insurance industry, the medical providers, hospitals, and even collaboration with our own Department
• of Insurance.

Committee: House Ways and Means

Transcript Highlights:

• This basically expands the insurance coverage related to prostate cancer.
• This basically expands the insurance plan and coverage for gentlemen that are at higher risk of prostate
• I want to loop the Department of Insurance into that conversation, and what I'm going to do is encourage

Bills: SB190 , HB515 , SB190

Committee: House Insurance

Keywords: SB190, prostate cancer, prostate screening, PSA test, digital rectal exam, preventive screening, health insurance mandate, cost-sharing, copay, deductible, coinsurance, high-risk men, African American men, family history, genetic marker, men over 50, men over 40, health benefit plan, insurance coverage, mandated benefits

Transcript Highlights:

• </c><00:46:19.680><c> And</c> Children's Health Insurance Program.
• And Children's Health Insurance Program.
• And that's people that can actually have insurance and pay for it.
• And that's people that can actually have insurance and pay for it.
• </c> health insurance I have to my clients. health insurance I have to my clients.

Summary: The Medicaid Oversight Board met on March 9 with a quorum present and no minutes to approve. The chair reordered the agenda to hear House Bill 689 first. Representative Amy Neighbors presented HB 689, which would authorize Kentucky to seek CMS approval for a Medicaid state-directed payment program for physician and non-physician professional services delivered through qualifying hospital-affiliated groups, beginning January 1, 2026, with retroactive payments for that year. She said the bill is intended to improve access to care in rural and underserved areas, support workforce retention, and generate about $29 million annually in federal Medicaid funds without using general fund dollars. Representatives from Owensboro Health and St. Elizabeth Healthcare testified in support, describing staffing and subsidy pressures, lower Medicaid and Medicare reimbursement, and the importance of the program for maintaining access and quality in rural and safety-net settings. Committee members noted the bill had already passed the House Health Services Committee unanimously and discussed broader concerns about Kentucky’s low reimbursement rates and the need to consider other systems not covered by the proposal. The board then heard Senate Bill 2011 from Senator Donald Douglas and Cody Hunt of the Kentucky Medical Association. The bill would address a Medicaid coding issue by ensuring that coverage limits do not reduce payment to fewer than two evaluation and management service units per provider, per patient, per day. Douglas argued the current one-visit, one-issue limitation forces multiple visits, increases no-shows, and prevents providers from treating the whole patient. Hunt explained that the bill is meant to correct a longstanding regulation that limited E&M services to one per physician per recipient per date of service, which can prevent providers from coding additional medically necessary work during the same visit. He said DMS has already filed a regulatory amendment to fix the problem, but a statutory change is still needed to prevent the issue from returning. He also said the bill is not intended to change reimbursement policy, only coding rules, and that MCO payment practices vary. Members generally supported the concept. Senator Berg asked about fiscal impact and private-payer billing; Hunt said there should be no fiscal impact because the bill does not change payment policy, only coding. Representative Moore said the proposal could reduce costs and improve convenience by avoiding extra visits. Chairman Meredith said the bill illustrated problems with fee-for-service care and supported moving toward a more holistic delivery model. Dr. Schuster raised a drafting concern about the bill summary language, and Hunt responded that the regulatory amendment should address the issue generally for providers. No votes were taken on either bill during this portion of the meeting.

Transcript Highlights:

• Here’s the thing, there’s also no cap on crop insurance.
• So, Bill Gates can get as much insurance as he wants for crop insurance for corn. take land out of production
• It's not actually crop insurance.
• </c> designed a heavily subsidized insurance designed a heavily subsidized insurance product.<00:15:39.120
• So, fun little no cap on crop insurance.

Bills: HF3718

Committee: House Agriculture Finance and Policy

Transcript Highlights:

• </c> better job working with the insurance better job working with the insurance industry<01:32:47.840
• </c> had any ill effects on the insurance had any ill effects on the insurance industry.<01:33:06.400
• But can you expand on the insurance ban? You said that insurance... ...animal. Okay.
• But can you expand on the insurance ban? You said that insurance... ...insurance?
• You said that insurance... Right.

Bills: HB1604 , HB1713 , HB1722 , HB2270 , HB2401 , HB2515 , HB1979 , HB1593 , HB1743 , HB2122 , HB1756 , HB1837 , HB1729

Committee: House Housing

Summary: The committee heard testimony on HB 1604, which would create an agricultural workforce housing group within the Department of Agriculture and Biosecurity to address shortages of farmworker housing. The department said it supported the bill’s intent but emphasized that the group’s early work should focus on gathering data and surveying farm operators to assess actual demand, to avoid “mission creep.” Testimony from the City and County of Honolulu Office of Economic Revitalization, Hawaii Farmers Union, Hawaii Farm Bureau, Housing Hawaii’s Future, and the Maui Chamber of Commerce was in support, with one witness suggesting a housing advocacy nonprofit be added to the working group for balance. The committee then discussed HB 1713 on school impact fees, which would clarify exemptions for certain affordable housing projects and exempt new residential developments of fewer than 100 units. The Attorney General’s office said the bill should define “low to moderate income households” because that term is not defined in chapter 302A. HHFDC, the School Facilities Authority, Grassroot Institute of Hawaii, and others supported the measure, arguing it would reduce administrative burden and remove barriers to housing. Members questioned whether the bill should instead repeal the school impact fee entirely; supporters said they also favored full repeal but viewed this bill as a more feasible step. The School Facilities Authority also explained that about $28 million in school impact fees had been collected across four districts and none had yet been spent, and discussed how recent nexus requirements limit how the funds can be used. HB 1722, relating to residential condominiums, drew extensive testimony and questioning. HCDA supported the bill and explained that it amends the 99-year leasehold pilot program created by Act 97 of 2023 by reducing owner-occupancy restrictions from 100% of units to 60%, allowing some rental or subleasing flexibility for the owner-occupied units, and permitting up to 40% of units to be sold to qualified residents after being on the market for more than 60 days. HCDA said the original restrictions, combined with rising construction costs, higher interest rates, and competition from nearby projects, made the pilot project difficult to market and finance; it said the changes are needed to make the project feasible and competitive. Supporters including AP Hawaii, Kila LLC, and project representatives said the amendments would help make the demonstration project in Kakaʻako viable. Some members raised concerns that the changes could weaken long-term affordability and questioned why certain ownership language was being deleted if rentals would still be restricted. No votes or final committee actions were taken in the portion of the hearing provided.

Transcript Highlights:

• <01:58:43.679><c> uh</c> insurance uh insurance uh formulary<01:58:46.239><c> um</c><01:58:46.639><c>
• health</c><01:58:46.880><c> insurance</c><01:58:47.280><c> plan</c> formulary um health insurance plan
• formulary um health insurance plan formularies. formularies. formularies.
• Senator Wicklund's bill is the health insurance premium subsidy.
• Senator Wicklund's bill is the health insurance premium subsidy.

Committee: Senate Finance

Transcript Highlights:

• The committee on Finance, having had under consideration House Bill 2398, relating to watercraft insurance
• Overall, I think this is a great bill, a good idea to require insurance, but I'm curious about why you
• If you use whatever apps there are out there, the insurance requirements will apply.
• If you use whatever apps there are out there, the insurance requirements will apply.
• And to make them go through the motions of going out and getting insurance and all that for these one-off

Transcript Highlights:

• Finally, most insurers and Medicare do not cover naturopathic care, leaving the patient with hundreds
• diagnose and treat any disease, which is largely unproven. inadequate education and training and no insurance
• It prohibits the cancellation of residential insurance policies on the basis of providing childcare.
• Current law requires both hospitals and ambulatory surgical centers to provide patients and insurers
• The issue is that we know we have insurance. You all have insurance.

Transcript Highlights:

• Finally, most insurers and Medicare don't cover naturopathic care, leaving the patient hundreds, perhaps
• treat any disease with largely unproven nostrums, Jann Bellamy: inadequate education training and no insurance
• It prohibits cancellation of residential- Representative McFarland: insurance policies on the basis of
• and requiring practitioners to tell patients where to find out-of-network providers, or requiring insurers
• The issue is that we know—I have insurance. You all have insurance.

Transcript Highlights:

• Congress of the United States to enact a national reinsurance program to address the multi-state insurance
• 48.320><c> address</c><00:12:48.480><c> the</c><00:12:48.720><c> multi-state</c><00:12:49.279><c> insurance
• </c> to address the multi-state insurance to address the multi-state insurance crisis<00:12:50.000><c
• So, next up we have STR 198 SD1, encouraging Hawaii insurers and the Hawaii Property Insurance Association
• to reduce insurance costs on local residents by pursuing subrogation claims against polluters who knowingly

Committee: House Consumer Protection & Commerce

Summary: The Committee on Commerce and Consumer Protection met on April 16, 2025, and heard three resolutions. STR 57 SD1 urged Congress to create a national reinsurance program to address insurance impacts from catastrophic natural disasters; there was no public testimony, and the committee later recommended passage without amendment. STR 198 SD1 encouraged Hawaii insurers and the Hawaii Property Insurance Association to pursue subrogation claims against polluters to reduce insurance costs for residents; again, there was no public testimony, and the committee recommended passage without amendment. The committee spent most of its hearing on STR 136 SD1/HD1, which would create a Hawaii State Energy Office nuclear energy working group to study advanced nuclear power technologies. The Public Utilities Commission and State Energy Office provided written testimony and answered questions. Testimony from 350 Hawaii, Energy Justice Network, and an individual witness opposed the measure, arguing nuclear power and small modular reactors are too expensive, unproven, slow to deploy, create unresolved safety and waste issues, and do not align with Hawaii’s renewable energy goals. Opponents also criticized the measure’s amendment process, saying it replaced the original contents without adequate public notice. During decision-making, the committee adopted the recommendation to pass STR 57 SD1 unamended and STR 198 SD1 unamended. For STR 136 SD1/HD1, the committee adopted a recommendation to pass the measure with amendments, including changing it to a one-year working group with an interim report in 2026 and a final report before the 2027 Legislature. The motion passed with one recorded no vote and some excused members, and the meeting adjourned afterward.

Transcript Highlights:

• Members, this bill concerns the Texas Department of Insurance and its executive-level composition.
• In a regulatory market overseeing a 290 billion insurance market, a single commissioner structure presents
• Can they even buy flood insurance? No, right? No.
• Additionally, the notice requires a clause informing the tenant that most renter's insurance policies
• score Can significantly impact the ability to obtain employment, secure housing, or qualify for insurance

Bills: SB438 , SB512 , SB647 , SB648 , SB1495 , SB2121 , SB2145 , SB2154 , SB2167 , SB2184 , SB2211 , SB2268 , SB2349 , SB2443 , SB2629 , SB2702 , SB2902

Committee: Senate Business & Commerce

Summary: The Senate Committee on Business and Commerce met with a quorum and took up several pending bills, voting favorably on SB 1612, SB 2717, SB 1468, SB 1642, and SB 1789. SB 1612 was reported favorably with objections to the local and contested calendar, while SB 2717, SB 1468, SB 1642, and SB 1789 were reported favorably, with SB 1642 and SB 1789 sent to the floor. SB 2717 would create the Texas Energy Efficiency Council; SB 1642 would add an executive director to the Texas Department of Insurance structure; and SB 1789 would establish pole standards and clarify PUC authority and remedies. The committee also heard an ERCOT update from CEO Pablo Vegas on the updated long-term load forecast, which showed a much higher unadjusted growth projection driven largely by data centers. ERCOT described an adjusted forecast using historical delays and lower realized build rates, and members discussed reliability, generation timelines, and the importance of SB 6 for demand response and flexibility. The committee then heard and left pending SB 2629, which would allow condominium and property owners’ association meetings and voting by electronic means; SB 2702, which would let nationally certified professionals test backflow prevention assemblies without a separate TCEQ license; SB 2167, which would let TDLR pause new license applications tied to human trafficking emergency orders or pending SOAH cases; SB 2349, which would exempt short-term leases and certain leasebacks from flood disclosure requirements; SB 2121, which would tighten the data broker registry law; and SB 2443, which would authorize TDLR electronic delivery of notices and other documents. Testimony generally supported these bills as cleanup, modernization, or workforce-streamlining measures, with some members expressing caution about electronic meetings and emphasizing in-person accountability. The committee also heard SB 2902 on coerced debt and identity theft, with testimony from a law professor and family violence advocates supporting stronger protections for survivors and suggesting a police report as an additional proof option. SB 512, a refiled bill restricting money transmission license holders from fining users for terms-of-service violations, also received supportive testimony and was left pending. Later, the committee heard SB 2145 on allowing certain TIF boards to meet virtually in narrow circumstances, SB 2268 on extending Texas Energy Fund loan deadlines in some cases, SB 1495 creating an EV supply equipment advisory board, SB 2154 regulating delivery network companies under a statewide framework, SB 2184 lowering the age for pyrotechnic operator and fireworks display permits from 21 to 18, SB 2211 on combining data centers, power generation, and produced-water desalination projects, and SB 647 on title theft protections and clerk authority to refuse fraudulent filings. Most of these bills were left pending after brief testimony and questions, with members focusing on reliability, regulation, and safeguards against fraud.

Transcript Highlights:

• We provide reimbursement for eligible losses to property insurers in the state above certain levels.
• So if you think of a giant stack of liability that an insurance company will have, they've got a lot
• We provide reimbursements for losses that get up to that level for an insurance company.
• That's a combination of cash that we have from collecting premiums from every property insurer in the
• So we have cash payments that we get from premiums that the insurers pay us.

Summary: The Government Operations Subcommittee met with a quorum and began with member introductions and remarks from the chair emphasizing the committee’s focus on government efficiency, accountability, and oversight of executive branch agencies. Members shared their districts and backgrounds, with several noting hurricane recovery in their communities and a shared interest in reducing bureaucracy and improving service to Floridians. The committee’s only presentation was from Chris Spencer, Executive Director of the State Board of Administration, who gave an overview of the SBA’s governance structure, investment responsibilities, and divestment policies. He explained the SBA’s management of more than $257 billion in assets, including the Florida Retirement System, the Florida Hurricane Catastrophe Fund, and Florida PRIME, and reviewed the Protecting Florida’s Investments Act restrictions covering Northern Ireland, Cuba, Venezuela, Israel, Sudan, Iran, and China. He also described the implementation of HB 7071, including the required divestment from direct holdings in Chinese companies, and said the SBA had reduced its direct Chinese holdings from 33 companies totaling over $172 million to 13 companies totaling about $64 million, with completion expected ahead of the September 1, 2025 deadline. Members asked detailed questions about the Israel boycott list, Morningstar and MSCI, how the SBA gathers information, whether Cuba’s federal designation changes affect Florida law, how companies are removed from scrutinized lists, and whether divestment timing could affect returns. Spencer said the SBA uses public and paid research sources, gives companies a 90-day cure period in some cases, and brings list changes to the trustees for approval. He also explained that the China benchmark change is intended to reduce passive exposure while still allowing active investment decisions, and said the PFIA restrictions have had a modestly positive overall effect on pension performance. The chair also asked about the Florida Retirement System funded ratio and the CAT Fund’s capacity; Spencer said the pension fund is at 80.7% funded, that actuarial assumptions are reviewed regularly, and that the CAT Fund currently has more than $10.5 billion in liquid claims-paying capacity and is expected to remain well positioned for hurricane losses. No votes were taken, and the meeting adjourned after the presentation and questions.

Transcript Highlights:

• Senate Bill 118 should pass, an act relating to credit personal property insurance.
• </c> uh credit personal property insurance. uh credit personal property insurance.
• To Banking and Insurance: House Bills 736, 740, and 751.
• House Bill 920, Representative Pollock, an act relating to large group health insurance.
• House to large group health insurance.

Transcript Highlights:

• So, to answer your question about unemployment: we are self-insured.
• So it's, we're self-insured.
• So it's, but we're self-insured.
• to be on Missouri state insurance?
• Voluntary life insurance is page 92.

Committee: House Budget