Bills: SB 458, SB 819, SB 1238, SB 1642, SB 1643, SB 1644, SB 1791, SB 1810, SB 1824, SB 1825, SB 758, SB 1455, SB 1706

Keywords: renewable energy, solar power, wind energy, public interest determination, environmental impact, property rights, Texas Commission on Environmental Quality, insurance, discrimination, marital status, widowers, spousal death, equitable treatment, Texas Department of Insurance, commission appointments, insurance regulation, oversight, consumer advocacy, insurance rates, property insurance

Transcript Highlights:

• It was, they called it an insurance, but it wasn't really an insurance.
• Um, 6.2% is being used to pay for insurance. insurance. insurance.
• They're both in fully insured markets. They're not self-insured plans.
• they're not self-insured plans. So, they they're not self-insured plans.
• deposit insurance model. deposit insurance model.

Bills: HF3766, HF3972, HF3437, HF4118

Keywords: travel insurance, regulation, insurance licensing, consumer protection, travel assistance, short-term rental, vacation rental, home sharing, rental marketplace, online platform, property damage guarantee, damage waiver, reimbursement insurance, insurance regulation, commerce department, platform user, Airbnb, Vrbo, host protection, rental home marketplace

Transcript Highlights:

• health insurance.
• Commissioner or Mr.
• When those filings come in, they had gone through the National Association of Insurance Commissioners
• and insurers.
• I am a retired insurance agent, and I'm also a county commissioner in Beltrami County, where we had the

Bills: HF4881, HF4867, HF4422, HF4223

Keywords: healthcare, insurance, regulation, financial institutions, prescription drug affordability, consumer protection, restitution account, financial compensation, attorney general, distributions, property insurance, homeowners insurance, fire and allied lines, hail insurance, appraisal clause, loss adjustment, alternative dispute resolution, insurance claims, claim valuation, actual cash value

Transcript Highlights:

• But because dental insurance covers the dental case, and medical insurance covers the anesthesia provider's
• General anesthesia would be covered by the medical insurance because it falls under the medical insurance
• That, not my medical insurance.
• Far too long, insurance companies have been able to pick winners and losers in the insurance marketplace
• SB 1307 instructs the Texas Department of Insurance (TDI) to create a health insurance reference guide

Bills: HB813, HB1680, HB3569, HB4074, HB4635, HB5178, SB527, SB1307, SB1822

Keywords: autism, health insurance, coverage, medical treatment, health benefit plan, HIV prevention, prescription drug, prior authorization, health benefits, insurance coverage, insurance, contract termination, property and casualty, insurance agents, discrimination, appraiser, umpire, licensing requirements, continuing education, admin penalties

Transcript Highlights:

• I would like to call this meeting of Business and Insurance to order.
• Is that the construct we currently have in the dental insurance community?
• We in my business in the insurance world oftentimes We fight when a vehicle is totaled, and the insured
• We've discussed this with insurance carriers, the insurance department.
• With that, Business and Insurance is adjourned.

Bills: SB1732, SB1217, SB1443, SB1455, SB1457, SB1459, SB1465, SB1944, SB1946, SB1218, SB1942, SB1352, SB2132, SB1920, SB1285, SB1304, SB1305, SB1326, SB1590, SB1767

Keywords: professional licensing, licensing fees, home inspection, home inspector, Construction Industries Board, CIB, contractor license, journeyman license, apprentice registration, alarm endorsement, code inspector, electrical license, plumbing license, mechanical license, permit fees, renewal fee, reciprocity, poultry house contractor, poultry house wiring, environmentally controlled poultry house

Transcript Highlights:

• They'll come in like to call this committee meeting of Business and Insurance to order.
• Referential favorable treatment to bidders whose pharmacy benefit managers do not own health insurance
• Oklahoma Insurance Commission. For questions, do pass from Senator Brooks. Second from the chair.
• But the PM and their parent insurance company.
• The PM and their parent insurance company are the ones who choose where this dispensing fee goes.

Bills: SB1673, SB1500, SB1447, SB1646, SB2007, SB1275, SB2074

Keywords: prosthetics, health insurance, medical necessity, patient rights, insurance liability, pharmacy benefits manager, healthcare providers, claims processing, reimbursement, insurance regulation, employees insurance, contract awarding, certifications, state procurement, insurance plan, mental health, substance use disorders, utilization review, benefit coverage, pharmacy

Transcript Highlights:

• Their regulating body, which is the Insurance Department, is for this bill.
• Department, because the Insurance Department regulates all of the bail bondsmen.
• This is just dealing with the regulatory framework on bondsmen as regulated by the Insurance Department
• Because it ran through, because the Insurance Department is the one who regulates all bondsmen across
• Insurance Department bills go through the Insurance Committee and then work up to the Business and Commerce

Bills: SB378, SB540, SB1061, SB1475, SB1531, SB1534, SB1684, SB1824, SB1826, SB2049

Keywords: bail bondsman, bondsman license, multicounty agent bondsman, surety bondsman, Insurance Commissioner, bail bond regulation, bond deposit, forfeiture, deposit ratio, writing capacity, license transfer, power of attorney, surety bond, bail industry, Oklahoma insurance law, financial solvency, administrative action, SB1061, Oklahoma Secure and Fair Enforcement for Mortgage Licensing Act, SAFE Act

Transcript Highlights:

• commissioner the oversight and the ability to regulate, look into licensed PBMs.
• the insurance department can provide that would help our health plan here.
• catastrophe insurance protection.
• But that's, you go to a self-insured plan with high catastrophe insurance protection.
• That's the amount that's being paid in a biennium towards the insurance.

Bills: SB2160

Keywords: health insurance, public employees, uniform group insurance, retirement, state employees, 908, all

Summary: The committee resumed work on Senate Bill 2160, which would move the Public Employees Retirement System health plan from grandfathered to non-grandfathered status under the Affordable Care Act. PERS officials Rebecca Frickie and Derek Holbein explained that the bill would allow more flexibility in plan design, including higher deductibles, co-pays, and out-of-pocket maximums, while also adding enhanced preventive benefits. They clarified that ACA “essential health benefits” apply to individual and small-group markets, not to PERS as a large employer, and that the bill’s projected cost increases were based on actuarial estimates and prior bid scenarios from Sanford and Blue Cross Blue Shield. Members debated whether the bill would actually save money or simply shift costs to employees. Supporters argued that non-grandfathered status would create more levers to manage medical inflation and could produce net premium savings through plan redesign, citing prior bid comparisons showing potential reductions of 1% to 8% depending on the option. Opponents, including Representative Schauer and North Dakota United president Nick Archelette, questioned how the state would pay for the estimated $25 million to $30 million in added benefits and warned that employees could face higher out-of-pocket costs amid already strained household budgets. Frickie said the legislature would control funding decisions and that current law requiring the state to pay full family premiums could be changed only by statute. The committee also discussed reserve funding, with members noting that a $4.3 million reserve draw in the bill was intended to cover the final months of the biennium and could be modified. After testimony and discussion, Vice Chair Johnson moved a do-pass recommendation and referral to Appropriations. The motion passed 10-3-1, with Representatives Ostlie, Schatz, and Schauer voting no. Representative Gump agreed to carry the bill.

Transcript Highlights:

• The Committee on Banking and Insurance will now come to order. Amora, please call the roll.
• Basically, what we're doing is... ...electronic insurance or eyewear insurance or both.
• We have Tim Meehan, National Association of Insurance and Financial Advisors, waving in support.
• Murphy, Board Association of Insurance Agents, waving in support.
• The bill requires families to maintain comprehensive health insurance.

Bills: S0198, S0570, S0772, S0808, S1038, S1040, S1286, S1440, S1504, S1668

Keywords: virtual currency, kiosks, money services business, regulation, financial services, consumer protection, cryptocurrency, registration, payment scams, task force, fraud prevention, property insurance, roofing requirements, inspector, insurance policies, homeowners insurance, roof age, residential structures, insurance renewal, investment

Summary: The Committee on Banking and Insurance met with a quorum present and took up a series of bills, beginning with SB 1286 by Senator Wright. That bill expands the law enforcement recruitment bonus program to include firefighters, creates a DFS grant review panel for fire-related grants, and establishes an institute for PTSD and first-responder behavioral health. Testimony from fire chiefs and others supported the measure, and the committee reported it favorably. The committee then considered several insurance and financial regulation bills. CS/SB 198 by Senator Rousan, as amended, regulates virtual currency kiosks with transaction limits, notice and receipt requirements, and OFR enforcement authority; witnesses described it as a needed anti-fraud measure, especially for seniors, and it was reported favorably. CS/SB 772 by Senator Burgess, as amended, allows limited licenses for portable electronics and eyewear insurance, and CS/SB 1504 by Senator Claudio, as amended, creates a pathway for high school students to qualify for insurance customer representative licensure; both were reported favorably. The committee also approved two cryptocurrency reserve bills by Senator Gruters: CS/SB 1038 creates the Florida Strategic Cryptocurrency Reserve framework, and CS/SB 1040 creates the related trust fund; both received technical amendments and favorable reports. CS/SB 1440 by Senator Martin, as amended, creates public records exemptions and cybersecurity reporting provisions for financial institutions and related entities, and it was reported favorably. Finally, SB 1668 by Senator Burton, which updates the NICA program’s funding and benefit structure, and CS/SB 570 by Senator Polsky, which creates a task force on payment scams, were both heard with supportive testimony and reported favorably. Senators later recorded additional affirmative votes on selected bills before the committee adjourned.

Transcript Highlights:

• insurers from these.
• California's insurance commissioner warned in 2023 that insurance companies will not write insurance,
• Our state insurance commissioners, who I know in Nevada, I've already been talking with my state insurance
• commissioner.
• insurers.

Keywords: homeowners insurance, natural disasters, insurance costs, climate change, disaster preparedness, federal policies, bipartisan solutions

Summary: The meeting reviewed critical issues surrounding the rising costs and accessibility of homeowners insurance across the United States, particularly in light of increasing natural disasters linked to climate change. Members engaged in extensive discussions regarding the implications for families and the economy, citing significant increases in premiums and decreasing availability of policies in high-risk areas. Supervisor Peysko highlighted the direct impact of federal policies on local communities, emphasizing the growing burden on homeowners as they face skyrocketing insurance costs amidst a backdrop of environmental challenges and regulatory constraints. The committee expressed a unified call to action for bipartisan solutions, focusing on improving building codes and enhancing disaster preparedness measures.

Transcript Highlights:

• There's multiple options of different insurance carriers.
• That my first few years teaching, I was one of the companies that offered those insurance services to
• And they had actually dropped my parents' health insurance when I was like 10 years old.
• But currently, the Office of Oklahoma Receivership is a nonprofit entity separate from the Insurance
• Though the board is made up of largely OID staff, and the chairman is the Insurance Commissioner, we

Bills: SB2063, SB1877, SB1884, SB2174, SB1525, SB1771, SB1805, SB1916, SB1365, SB1810

Keywords: unclaimed property, abandoned property, state treasurer, unclaimed property fund, public website, claimant, hearing, administrative procedures act, sales tax exemption, income tax subtraction, youth entrepreneurs, teen business, minor-owned business, sole proprietorship, business license exemption, entrepreneurship, youth vendor, Oklahoma Tax Commission, Title 60, Title 68

Transcript Highlights:

• And finally, SB 158 requires insurers to submit an annual report to the Office of Insurance Regulation
• It also streamlines the department's ability to purchase insurance, reinsurance, and excess insurance
• It also streamlines the department's ability to purchase insurance, reinsurance, and excess insurance
• It also streamlines the department's ability to purchase insurance, reinsurance, and excess insurance
• They can compete with insurance companies, traditional insurance companies, and drive down premiums.

Bills: S0158, S0314, S0618, S0684, S0838, S0990, S1000, S1082, S1452, S1494, S1500, S1568, S1706

Keywords: pet insurance, consumer protection, insurance regulation, policy disclosure, agent training, payment stablecoin, financial regulation, anti-money laundering, state oversight, digital currency, financial services, workers compensation, Florida statute, commercial insurance, insurance board, electronic signatures, vehicle titles, insurance regulations, auditing, total loss vehicles

Summary: The Banking and Insurance Committee heard and advanced a wide range of insurance, financial services, and probate bills. Early in the meeting, SB 1000 on trust fund interest for attorney trust accounts was explained as setting a floor and ceiling tied to the Wall Street Journal prime rate and was reported favorably. The committee then took up CS/SB 1082 on a statewide provider and health plan claim dispute resolution program for emergency out-of-network claims. After extensive discussion about the relationship between the state and federal No Surprises Act processes, an amendment was withdrawn due to concerns about clarity and scope, but the bill itself was supported by providers and insurers and was reported favorably. The committee also approved SB 684 on electronic signatures for total loss vehicles and vessels, CS/SB 158 on pet insurance consumer disclosures and agent education, SB 1494 expanding breast cancer screening coverage, CS/SB 314 on digital assets and stablecoin issuers, and CS/SB 1500 on uncontested probate procedures and small-estate administration. SB 618 on workers’ compensation insurance was amended to raise the consent-to-rate cap for workers’ compensation policies from 10% to 20% and then reported favorably, with supporters saying it would help keep higher-risk employers in the voluntary market. CS/SB 1568 creating a Florida Stablecoin Pilot Program was amended to remove authority for a Florida coin and limit the program to existing stablecoins, then passed. Later, the committee approved CS/SB 838 on electronic payment convenience fees for retail installment contracts, with the sponsor emphasizing that a fee-free payment option must still be offered. SB 1452, the Department of Financial Services agency bill, was amended and reported favorably; it covered My Safe Florida Home administration, insurance and licensing changes, unclaimed property updates, and other DFS-related provisions. The committee also passed SB 1706 on the My Safe Florida Condominium Pilot Program, targeting owner-occupied condominiums at or below 80% of area median income, and SB 990 on protected cell captive insurance companies, which supporters said would modernize Florida’s captive insurance laws and encourage more competition. The meeting ended with all listed bills reported favorably and the committee adjourned.

Transcript Highlights:

• Insurance agents and brokers are engaging in the business of insurance and should be subject to the insurance
• Basically, there are domestic bail bond insurers, foreign bail bond insurers, and alien bail bond insurers
• Domestic bail bond insurers, foreign bail bond insurers, and alien bail bond insurers.
• They handle insurance operations among insurance carriers.
• They handle insurance operations among insurance carriers.

Bills: S0266, S0394, S0540, S0632, S0642, S0832, S0834, S1028

Keywords: public adjuster, contract cancellation, state of emergency, vulnerable adults, disciplinary actions, financial regulation, information security, financial exploitation, licensing, transportation, insurance, TNC, ride-sharing, automobile liability, bail bond, insurance regulation, foreign insurers, financial disclosure, premium reporting, residential property insurance

Summary: The Committee on Banking and Insurance met with a quorum and took up several bills, beginning with SB 834 on insurance requirements for nonprofit religious organizations and health care sharing ministries. The bill repeals a recent restriction on licensed insurance agents marketing or selling faith-based health care sharing programs. Supporters argued the change restores free speech and consumer education while preserving existing fraud and disclosure protections; opponents said allowing agents and brokers could create consumer confusion and has been associated with bad actors. A title amendment was adopted, and after debate the committee reported the bill favorably. The committee also heard and passed SB 642, which extends reporting and duty requirements to foreign and alien bail bond insurers, and SB 394, a technical bill updating reinsurance intermediary manager law to match current DFS practice. SB 266, which lets vulnerable adults rescind public adjuster contracts without penalty, was reported favorably after testimony from supporters in the insurance and elder law communities and a public adjuster who said the intent was good but the bill may need refinement. SB 832, a residential property insurance transparency bill requiring rate breakdown reports and a consumer resource center, also passed after discussion about consumer clarity and whether the required cost categories can be compiled as written. Later, the committee approved SB 540, which creates cybersecurity requirements for mortgage and money service businesses, closes a regulatory gap for certain investment advisers, adjusts OFR examination-payment deadlines, changes de novo charter requirements, allows virtual credit union meetings, and makes other financial regulation updates. Several amendments were adopted, including a substitute amendment removing fintech sandbox provisions. Finally, SB 1028 on Citizens Property Insurance Corporation was reported favorably after debate over a commercial lines clearinghouse intended to reduce Citizens’ exposure and shift more business to the private market; members discussed taxpayer risk, market competition, and consumer protections. The meeting ended with adjournment.

Transcript Highlights:

• Members, Senate Bill 1916 is an Oklahoma Insurance Department request bill.
• The current Office of Receivership is a nonprofit entity separate from the Insurance Department, though
• its board is made up of OID staff, and the chairman is the insurance commissioner.

Bills: SB1265, SB2154, SB1286, SB1365, SB1491, SB1525, SB1581, SB1775, SB1810, SB1884, SB2118, SB2174, SB1771, SB1805, SB1916

Keywords: SB1365, Oklahoma Central Purchasing Act, procurement exemption, competitive bidding, state purchasing, Oklahoma Tourism and Recreation Department, tourism department, merchandise for resale, gift shops, lodges, golf pro shops, state parks, restaurant contracting, retail outlets, public procurement, purchasing flexibility, Title 74, emergency clause, presidential electors, vacancies

Bills: SB 1468, SB 1612, SB 1789, SB 2530, SB 2571, SB 2717, SB 2967

Keywords: utility systems, Texas A&M, regents authority, construction, improvement, construction contracts, trust funds, property rights, mechanics lien, contractors, trustee liability, mechanic's lien, liability, attorney's fees, windstorm insurance, Texas Windstorm Insurance Association, insurance regulation, administrative penalties, coastal counties, catastrophe year

Bills: SB 1468, SB 1612, SB 1789, SB 2530, SB 2571, SB 2717, SB 2967

Keywords: utility systems, Texas A&M, regents authority, construction, improvement, construction contracts, trust funds, property rights, mechanics lien, contractors, trustee liability, mechanic's lien, liability, attorney's fees, windstorm insurance, Texas Windstorm Insurance Association, insurance regulation, administrative penalties, coastal counties, catastrophe year

Transcript Highlights:

• Business and Insurance will meet as soon as we can get a quorum in room 535 after we adjourn.

Bills: SB2026, SB1376, SB1355, SB2115, SB1533, SB1732, SB1217, SB1443, SB1455, SB1457, SB1459, SB1465, SB1944, SB1946, SB1218, SB1942, SB1352, SB2132, SB1920, SB1285, SB1304, SB1305, SB1326, SB1590, SB1767

Keywords: military discharge, veterans, DD Form 214, confidentiality, grandchildren access, Oklahoma National Guard, education assistance, military benefits, dependents, CareerTech Assistance Act, burial grant, memorial headstone, eligibility requirements, funding, Oklahoma Department of Veterans Affairs, fiscal management, state law, veteran burial, burial assistance, indigent veterans

Transcript Highlights:

• [APPLAUSE] THE COMMISSIONER OF AGRICULTURE OF THE STATE OF FLORIDA, THE HONORABLE WILTON SIMPSON.
• PROPERTY INSURANCE MATTERS TO THE PEOPLE OF FLORIDA.
• [APPLAUSE] A COUPLE OF YEARS AGO, THE INSURANCE INDUSTRY CAME TO THE LEGISLATURE AND SAID WITHOUT SWEEPING
• I HAVE ASKED THAT THE INSURANCE AND BANKING SUBCOMMITTEE CONDUCT HEARINGS, AND THEY WILL HAVE ACCESS
• [APPLAUSE AND CHEERING] BUT INSURANCE IS ONLY ONE OF THE POLICY QUESTIONS FLORIDIANS CARE ABOUT.

Keywords: property insurance, insurance reform, housing, healthcare, public education, public safety, budget reform, tax policy, government accountability, taxpayer protection

Summary: The Florida House of Representatives convened for the 2025 Regular Session. Speaker Perez delivered opening remarks emphasizing collaborative governance over personal priorities, announcing no House Bill 1 to focus on collective work. He outlined key policy areas including property insurance reform, with plans for subcommittee hearings and subpoena powers to investigate insurance company practices and potential accounting irregularities. The Speaker called for meaningful reforms in housing, healthcare, education, and public safety, while challenging budget subcommittees to find recurring revenue savings rather than relying on temporary tax holidays. The session will focus on government accountability, waste elimination, and taxpayer protection. Governor DeSantis requested to deliver the State of the State address on March 4th, which was approved through concurrent resolution.

Transcript Highlights:

• Basically, it is to help our insurance carriers, the workers' compensation insurance carriers based in
• from the TDI Commissioner if the proposed rate increases or decreases.
• Former PUC Commissioner Doug Robinson from Natura Creshkov will provide testimony now.
• Commissioner Glotfelty, you started out talking about small and modular salt reactors, right?
• Commissioner, appreciate, or Chairman, appreciate the opportunity to be here.

Bills: SB1468, SB1612, SB1789, SB2530, SB2571, SB2717, SB2967

Keywords: utility systems, Texas A&M, regents authority, construction, improvement, construction contracts, trust funds, property rights, mechanics lien, contractors, trustee liability, mechanic's lien, liability, attorney's fees, windstorm insurance, Texas Windstorm Insurance Association, insurance regulation, administrative penalties, coastal counties, catastrophe year

Transcript Highlights:

• It requires the board to set the lowest modeled probable maximum loss, and have TDI, the insurance commissioner
• Our members are 400 property and casualty insurance companies who write auto, home, and commercial insurance
• I think that having the insurance commissioner be the ultimate arbiter of what the PML should be gives
• Is it across the state by all insurers?
• That's right, all insurers except for mutuals, and that money is collected and paid by the insurers to

Bills: SB1468, SB1612, SB1789, SB2530, SB2571, SB2717, SB2967

Keywords: utility systems, Texas A&M, regents authority, construction, improvement, construction contracts, trust funds, property rights, mechanics lien, contractors, trustee liability, mechanic's lien, liability, attorney's fees, windstorm insurance, Texas Windstorm Insurance Association, insurance regulation, administrative penalties, coastal counties, catastrophe year