Video & Transcript Research : 'indemnity'

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MN

Minnesota 2025-2026 Regular Session

House Agriculture Finance and Policy Committee 2/23/26

Agriculture Finance and Policy

Transcript Highlights:
  • The next bill is House File 3549, which is the grain indemnity account.
  • What this bill does is try to safeguard the money that's in the grain indemnity account that was created
  • Representative Vang said the grain indemnity fund is important because it supports farmers and creates
Bills: HF3508, HF3548, HF3549
MN

Minnesota 2025-2026 Regular Session

House Agriculture Finance and Policy Committee 3/23/26

Agriculture Finance and Policy

Transcript Highlights:
  • The grain indemnity fund is the grain indemnity fund, and nothing that we do in this bill today prevents
  • The grain indemnity fund is the grain indemnity fund, and nothing that we do in this bill today prevents
  • Um, we set up this indemnity goes today.
  • The grain indemnity fund is the have.
  • The grain indemnity fund is the grain<00:26:18.080> indemnity<00:26:18.640> fund<00:26:
TX

Texas 89th Regular

State Affairs Feb 24th, 2025

State Affairs

Summary: The meeting was a crucial session for discussing several important bills including SB992, which aims to establish a clear time frame for the Attorney General's approval on outside legal counsel for state agencies. Senator Nichols presented the bill, emphasizing its necessity for timely responses to ensure efficient legal processing. Another notable discussion centered around SB523, which seeks to allow parole and probation officers to use a business address on their driver's licenses for safety and security purposes. This bill passed favorably out of the committee, with public testimony supporting the need for such provisions due to the risks these officers face.
US
Summary: During the meeting, various members engaged in extensive discussions surrounding 15 proposed bills related to veterans' affairs. Notably, concerns regarding recent VA workforce changes sparked debates, particularly about potential cuts and their implications for veterans' care and benefits. Chairman Moran emphasized the need for thoughtful reforms and coordination with stakeholders, urging responsible measures to prevent negatively impacting service delivery. The meeting highlighted a significant bipartisan effort to enhance veterans' access to essential health services, particularly in light of recent challenges faced by the VA workforce. Senator Blumenthal's assertions about the urgent plight of veterans due to cuts in personnel drew strong reactions, showcasing the deep concern among committee members regarding the current state of veteran services.
MN

Minnesota 2025-2026 Regular Session

Grain indemnity account modification 3/23/26

Minnesota House Floor Meeting

Transcript Highlights:
  • And uh again, the purpose of the bill is to uh make sure the money in the grain indemnity fund stays
  • And uh again, the purpose of the bill is to uh make sure the money in the grain indemnity fund stays
  • fund was um the original great indemnity fund was passed<00:02:42.640> bipartisanly<00:02:43.920
  • fund that we are have money indemnity fund that we are have money in
  • The grain indemnity fund is the... The fund was created with general fund dollars.
Keywords: 1183, house
MN

Minnesota 2025-2026 Regular Session

House Agriculture Finance and Policy Committee 2/24/25

Agriculture Finance and Policy

Transcript Highlights:
  • <01:26:49.000> fund getting the grain Indemnity fund getting the grain Indemnity fund established
  • <01:31:23.560> fund language within the indemnity fund language within the indemnity fund
  • be we would pay out of the indemnity be we would pay out of the indemnity fund<01:31:45.920>
  • <01:36:02.920> fund why we did The Grandin Indemnity fund why we did The Grandin Indemnity
  • that language in the indemnity that language in the indemnity fund<01:40:51.639> thank<01
Bills: HF1063
TX
Transcript Highlights:
  • That's a limited indemnity agreement. That's a fair allocation of risk.
  • They're already signing these broad-form indemnities for all of our work.
  • That's a broad-form indemnity. Many states prohibit these, and Texas has since 2011.
  • Encore would tender the indemnity under the limited indemnity agreement to the general contractor, the
  • So you can give a broad-form indemnity for any of your own employees.
Summary: The committee first took up pending business and favorably reported several House bills without opposition, including HB 11, HB 132, HB 1041, HB 1606, HB 2286, and HB 5061. Each was moved out of committee with a recommendation that it do pass and be printed, and several were also recommended for the local and uncontested calendar. The committee then heard HB 3306, which would extend existing construction-contract indemnity exceptions to electric infrastructure construction, maintenance, and vegetation management work for electric utilities and transmission and distribution utilities. The sponsor said the bill would reduce litigation and insurance costs for ratepayers, while construction industry witnesses argued it would shift liability onto subcontractors and create broad-form indemnity in a way Texas law has generally prohibited since 2011. HB 3306 was left pending. The committee also heard HB 4739, a Comptroller-requested cleanup bill to repeal an outdated Finance Code provision requiring remittance of a portion of certain delinquency charges to the state, and HB 3803, HB 3804, and HB 3806, all Department of Banking-requested cleanup bills dealing with confidentiality and supervision rules for perpetual care funds, state banks, and trust companies. Those bills were briefly explained and left pending without testimony. HB 4219, aimed at improving Public Information Act compliance by requiring timely notice when records do not exist or are being withheld, allowing complaints to the Attorney General, and imposing training and fee consequences for noncompliance, drew support from a journalist and a policy analyst and was also left pending. The committee then heard HB 4238 on coerced debt and identity theft. The sponsor explained that the committee substitute narrows the bill to court-ordered findings of identity theft/coerced debt, gives collectors seven business days to stop collection activity, and removes a section to avoid litigation over court orders. A law professor and a family violence advocate testified in strong support, describing coerced debt as a barrier for domestic violence and elder abuse survivors trying to rebuild credit and access housing, jobs, and utilities. The bill was left pending. HB 1522, which would require local governments to post meeting notices three business days in advance and make budget materials more accessible online and in physical form, also drew support, though a school business officials representative raised concerns about the timing language, proposed-budget wording, and taxpayer impact statements for school districts; the bill was left pending after discussion. Later, the committee heard additional pending bills, including a PUC background-check bill that would expand the commission’s authority to check current employees and contractors and obtain FBI criminal history information, HB 3805 updating money services business regulation, HB 431 extending HOA solar-panel protections to solar tiles, and HB 3228 and HB 3229 on wind and solar recycling financial assurance and recycler solvency. HB 3228 received support from a Sierra Club witness who said recycling and disposal plans are needed for end-of-life renewable energy equipment, and HB 3229 was described as requiring recyclers to show financial resources at 125 percent through a letter of credit or bond. These bills were heard and left pending.
TX

Texas 89th 2nd C.S.

Business and Commerce May 13th, 2025

Business & Commerce

Transcript Highlights:
  • That's a limited indemnity agreement. That's a fair allocation of risk.
  • They're already signing these broad form indemnities for all of our work.
  • That's a broad form indemnity. So you know, many states prohibit these, and Texas has since 2011.
  • Encore would tender the indemnity under the limited indemnity agreement to the general contractor, Fred
  • So the difference of this would be I would agree and they signed these indemnities already.
TX

Texas 89th Regular

Business and Commerce May 13th, 2025

Business & Commerce

Transcript Highlights:
  • That's a limited indemnity agreement. That's a fair allocation of risk.
  • They're already signing these broad-form indemnities for all of our work.
  • That's a broad-form indemnity. Many states prohibit these, and Texas has since 2011.
  • Encore would tender the indemnity under the limited indemnity agreement to the general contractor, the
  • So you can give a broad-form indemnity for any of your own employees.
Summary: The Senate Committee on Business and Commerce met with a quorum and first took up pending business, reporting several House bills favorably to the full Senate, including HB 11, HB 132, HB 1041, HB 1606, HB 2286, and HB 5061, with some also recommended for the local and uncontested or contested calendars. The committee then heard and left pending HB 3306, which would extend construction-contract indemnity exceptions to electric infrastructure work, including construction, maintenance, and vegetation management for utilities. Supporters said it would align utility infrastructure work with public works and reduce litigation and ratepayer costs, while opponents argued it would shift liability onto subcontractors and create broad-form indemnity concerns. Members also heard HB 4739, a Comptroller-requested cleanup bill repealing an outdated Finance Code provision tied to delinquency charges on retail charge accounts, and left it pending without testimony. The committee then considered several Department of Banking cleanup bills, including HB 3803, HB 3804, and HB 3806, all left pending after brief explanations and no public opposition. HB 4219, dealing with public information requests, drew support from a journalist and a policy analyst who said it would improve transparency by requiring timely responses, notice when records do not exist, and training or fee consequences for noncompliance; it was left pending. The committee also heard HB 4238, a committee substitute addressing coerced debt and identity theft, which would bar collection of certain debts from victims who obtain a qualifying court order. A law professor and a family violence advocate supported the bill as narrow, protective relief for domestic violence and elder abuse survivors, and it was left pending. Other bills heard and left pending included HB 1522 on local government budget meeting posting and taxpayer impact disclosures, HB 4344 authorizing background checks for PUC employees and contractors, HB 3805 updating money services business regulation, HB 431 extending solar-panel HOA protections to solar tiles, HB 3228 and HB 3229 on wind and solar recycling financial assurance, and HB 1922 clarifying the accrual date for construction defect claims under right-to-repair law. The committee recessed subject to the call of the chair.
TX

Texas 89th Regular

Business and Commerce May 13th, 2025

Business & Commerce

Transcript Highlights:
  • Currently subcontractors sign limited indemnity agreements.
  • That's a limited indemnity agreement. That's a fair allocation of risk.
  • That's a broad-form indemnity, so...
  • under the limited indemnity agreement to the general contractor, the sophisticated party.
  • So you can give a broad form indemnity for any of your own.
NH

New Hampshire 2025 Regular Session

House Labor, Industrial and Rehabilitative Services (04/22/2025)

Labor, Industrial and Rehabilitative Services

Transcript Highlights:
  • <00:08:45.360> portion increase in just the indemnity portion increase in just the indemnity
  • entitlement to those indem indemnity entitlement to those indem indemnity benefits<00:57:15.280>
  • to settle, you know, 80 weeks of indemnity, but that indemnity is set at your comp rate.
  • 47.119> that<00:59:47.280> indemnity 80 weeks of indemnity but that indemnity 80 weeks
  • of indemnity but that indemnity is<00:59:47.839> set<00:59:48.000> at<00:59:48.160>
Keywords: 1189, house, all
NY
Transcript Highlights:
  • safety net hospital funding, all hospital funding, early intervention, reproductive health, medical indemnity
  • WILL ALSO Ditto on all of the above, and certainly want to underline that as far as the Medical Indemnity
  • >> DITTO ON ALL OF THE ABOVE, AND CERTAINLY WANT TO UNDERLINE THAT AS FAR AS MEDICAL INDEMNITY
  • In regarding the Medical Indemnity Fund, continue to support conversations to experience issues with
  • IN REGARDING THE MEDICAL INDEMNITY FUND CONTINUE TO SUPPORT CONVERSATIONS TO EXPERIENCE ISSUES WITH THE
Keywords: 993, senate, all
Summary: The Joint Budget Subcommittee on Health convened as part of the 2026 Annual Budget Committee, with Senate and Assembly co-chairs introducing members, alternates, and the meeting rules. The chairs reviewed subcommittee procedures, including limits on alternates’ voting rights, no proxy participation, germane-topic restrictions, and the requirement that any report receive an affirmative majority vote from each house’s delegation. The co-chairs outlined the main health budget issues under discussion: the global cap, capital funding, hospital and safety-net hospital funding, early intervention, reproductive health, the Medical Indemnity Fund, aging issues, insurance prior authorization, EMS biomarkers, and nursing home funding. The chair emphasized the state’s responsibility to families affected by the Medical Indemnity Fund. Minority members raised support for restoring the full 15 percent capital Medicaid reimbursement for nursing homes, increasing aid for financially distressed hospitals, and addressing home care funding shortfalls. They also urged stronger measures against Medicaid waste, fraud, and abuse, warning against budget gimmicks and emphasizing long-term fiscal sustainability, including careful use of any Medicaid savings tied to the federal 1331 health program. The meeting ended with members saying they would continue consultations with each other and staff to work toward a final, on-time budget.
OK

Oklahoma 2026 Regular Session

Energy 2ND REVISED Feb 5th, 2026 at 09:30 am

Energy

Transcript Highlights:
  • It pertains to groundwater. use and the well, we, well drillers indemnity fund.
  • drillers, umm, having a hard time saying that the groundwater well drillers and pump installers indemnity
  • So, on line six on page four, it says the indemnity fund shall be maintained.
MN

Minnesota 2025-2026 Regular Session

House Floor Session 3/10/25

Minnesota House Floor Meeting

Transcript Highlights:
  • However, we did create a $10 million indemnity fund previously to help if there was a problem.
  • to $10 million indemnity fund previously to help<00:49:52.120> if<00:49:52.240> there<
  • But with that indemnity fund But with that indemnity fund we<00:52:46.840> set<00:52:47.080>
  • Representative Cha, I want to thank you for the grain indemnity work that we did last year.
  • <00:57:51.080> bill because of the the grain indemnity bill because of the the grain indemnity
Keywords: 1183, house
FL

Florida 2025 Regular Session

February 4, 2025 - 12:30 PM

Transcript Highlights:
  • of indemnity at the end of the day back in the worst time, the worst of the worst.
  • We had 14,777 claims, and we paid out almost $100 million in indemnity.
  • We had 58,771 claims, and we paid out just over $704 million in indemnity and expenses.
  • We had 14,77 claims, and we paid out almost 100 million in indemnity.
  • Milton made landfall near Siesta Key in Sarasota, as a cat in indemnity.
Summary: The Insurance and Banking Subcommittee received a lengthy presentation from Citizens Property Insurance Corporation CEO Tim Serio, with Insurance Commissioner Michael Yaworski also answering questions. Serio reviewed Citizens’ role as Florida’s insurer of last resort, its statutory funding structure, eligibility rules, depopulation program, reinsurance obligations, and the surcharge/emergency assessment mechanisms that can be used if Citizens runs a deficit. He emphasized that recent legislative reforms, combined with lower litigation and improved market conditions, have helped the private market recover and reduced Citizens’ policy count from a peak of about 1.41 million in 2023 to 936,182 at the end of 2024, with a projected drop to about 771,000 by the end of 2025. He also said the reforms reduced Citizens’ rate need and helped avoid an emergency assessment after the 2024 storms. Members asked about Citizens’ rate increases, why Citizens still seeks higher rates despite lower litigation, how the 20% eligibility threshold works, whether Citizens should be wind-only, and whether the state or federal government could help with deficits. Serio explained that Citizens is still charging below actuarially sound rates in most areas, that rate filings reflect reduced litigation and lower reinsurance exposure, and that assessments on all Florida property policyholders are the reason Citizens tries to build surplus and depopulate. He said the depopulation program is working better than in the past, with less than 2% of takeout policies returning to Citizens, and that the Office of Insurance Regulation has been vetting takeout companies more carefully. A substantial portion of the discussion focused on claims handling after Debby, Helene, and Milton, including flood-versus-wind disputes and Citizens’ use of the Division of Administrative Hearings for some claim disputes. Serio said Citizens had received 76,625 claims from the three storms and had paid nearly $823 million in indemnity and expenses as of January 7, 2025. He said many closed-without-payment claims were either below deductible, withdrawn, duplicate, or flood-only, and that Citizens had asked its internal audit function to independently review the claims data and denials. He also described Citizens’ storm outreach, catastrophe response centers, managed-repair program, and claim review process, and said the corporation remains focused on paying valid claims while minimizing the risk of assessments on the broader Florida market.
NH

New Hampshire 2025 Regular Session

House Labor, Industrial and Rehabilitative Services (02/18/2025)

Labor, Industrial and Rehabilitative Services

Transcript Highlights:
  • <01:19:34.800> losses the share of the indemnity losses the share of the indemnity losses
  • But over the last probably five to six years, the indemnity portion of the gross amount of indemnity
  • so of the gross amount of indemnity so of the gross amount of Indemnity<01:30:00.280> has<01:
  • The indemnity is coming down.
  • The indemnity is coming down.
Keywords: 1189, house, all