Video & Transcript Research : 'insurable interest'
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TX
Keywords:
licensing, reciprocity, regulation, Texas Department of Licensing and Regulation, interstate agreements, nuclear energy, advanced reactors, energy security, grant programs, Texas Advanced Nuclear Energy Office, electric utilities, priority facilities, public safety, disaster response, emergency management, insurable interest, individuals with disabilities, life insurance, care providers, insurance regulations
FL
Transcript Highlights:
- The Committee on Banking and Insurance will now come to order. Clerk, please call the roll.
- And to decrease the need for liability insurance during that dangerous time.
- Insurance companies refused to pay.
- Insurance often labels them as extras or recreational.
- However, it is common that the 20% co-insurance payment falls on the family.
Keywords:
curators, estates, court appointment, fiduciary duty, bond requirements, removal, surrogate, funeral homes, cemetery law, cremation, embalmer, funeral director, preneed contract, preneed funeral, human remains, unclaimed cremated remains, disposition of remains, hospice, palliative care, end-of-life care
Summary:
The Banking and Insurance Committee met with a quorum present and temporarily postponed SB 7042 on legal tender and SB 1380 before taking up the remaining agenda. The committee first reported favorably C.S. for SB 326, which modernizes Florida’s curator statute in probate law by clarifying when curators may be appointed, what they may do, and what oversight applies. It then reported favorably SB 1256, which standardizes PBM pharmacy audits by requiring uniform audit standards, scope, frequency, penalties, and due process protections for pharmacies; testimony from pharmacists emphasized concerns about conflicts of interest, excessive audits, and disproportionate penalties, while preserving fraud investigations. The committee also reported favorably C.S. for SB 598 on funeral and cemetery services after adopting an amendment that removed provisions on civil damages caps and phasing out direct disposers; the bill updates licensure and contract rules and addresses unclaimed remains. SB 632, which sets insurance requirements for transportation network companies during the period after a ride is accepted but before pickup, was reported favorably despite opposition from an attorney who argued the existing coverage framework should not be reduced. C.S. for SB 786, creating a nonjudicial process to close out undisputed trusts and discharge trustees, was also reported favorably.
The committee then took up SB 1110, a major bill expanding Medicaid and private insurance coverage for medically necessary orthotics and prosthetics, including activity limbs, and requiring annual reporting. After adopting an amendment clarifying eligible recipients, the committee heard extensive emotional testimony from amputees, parents, and advocates describing the medical, developmental, and financial importance of prosthetic coverage, and members spoke in strong support before the bill was reported favorably. Later, the committee considered SB 1588, which implements last session’s legal tender law by refining definitions, narrowing custodian provisions, eliminating unnecessary examination requirements, and repealing the sunset clause; members raised questions about verification and anti-money-laundering concerns, but the bill was reported favorably. Finally, the committee approved SPB 7044 as a committee bill to expand public records exemptions to records relating to newly regulated custodians of gold and silver. The meeting concluded with senators recording additional affirmative votes on selected bills and adjourning.
TX
Transcript Highlights:
- We are a group of people who are interested in foster care and children's services in our area.
- that I noticed about your written testimony and I was hoping you could elaborate on was the um auto insurance
- What was the requirement for the auto insurance. um, as an adopt-only agency, we don't transport our
- are paid very minimal compared to foster care and so the requirement for that um expense of that insurance
- There's 11 thing interesting. Let me describe the Permian Basin for you.
Keywords:
commercial sexual exploitation, child sex trafficking, human trafficking, child welfare, foster care, DFPS, Department of Family and Protective Services, juvenile probation, risk assessment, needs assessment, trauma screening, child abuse prevention, exploitation screening, validated screening tool, evidence-informed tool, conservatorship, juvenile justice, at-risk youth, trafficking prevention, Child Sex Trafficking Prevention Unit
FL
Florida 2026 Regular Session
Appropriations Committee on Agriculture, Environment, and General Government Feb 25th, 2026
Appropriations Committee on Agriculture, Environment, and General Government
Transcript Highlights:
- It provides for the payment of health insurance premiums and out-of-pocket costs for participants and
- It specifies that NICA must submit revised quarterly claims cost estimates to the Office of Insurance
- Show me an insurance company that wrote a policy in 1989 that would have zero increases in 37 years.
- It also streamlines requirements for title insurers and agents.
- It also streamlines requirements for title insurers and agents.
Keywords:
funeral homes, cemetery law, cremation, embalmer, funeral director, preneed contract, preneed funeral, human remains, unclaimed cremated remains, disposition of remains, hospice, palliative care, end-of-life care, direct disposal, mortuary science, funeral service arts, licensure by endorsement, cemetery license, contiguous acres, consumer services
Summary:
The committee first took up appointments, recommending confirmation of James Patrick Grambling and Brian J. Aungst on a single favorable vote. It then heard and approved several committee bills, including CS/CS/SB 1260 on building code inspections, which directs the Department of Management Services to contract with private providers for plan review and inspections; CS/SB 1668 on NICA, which updates benefits, oversight, funding, and immunity language; SB 1300 on a workforce/CDL training program for selected nonviolent inmates; CS/CS/SB 598 on funeral and cemetery services; CS/SB 1580 on illegal gaming enforcement; CS/SB 934 on Florida Keys affordable housing tax exemptions; and CS/CS/SB 1452, an agency bill updating DFS programs and licensing rules. Each of those bills was reported favorably after committee debate and, in several cases, amendments were adopted.
The committee spent substantial time on CS/CS/SB 1510, the DEP package, which reorganizes environmental rulemaking and land acquisition authority, expands septic-to-sewer and nutrient-reduction requirements in sensitive areas, updates stormwater and resilience provisions, and revises related permitting and grant programs. Two amendments were adopted, including one adding solar-energy and stormwater-related provisions and another removing septic disclosure reporting language. Testimony included support from DEP and concerns from environmental advocates about septic timelines and implementation. The bill was ultimately reported favorably.
The committee also considered CS/CS/SB 1566 on local government budget transparency, requiring counties and municipalities to post budgets and related materials online for extended periods in a standardized format. The League of Cities opposed the bill as an unfunded mandate, while the sponsor argued it would improve taxpayer access and accountability; the bill was reported favorably. Finally, the committee heard SB 7034, a rule ratification for minimum flows and levels for the lower Santa Fe and Ichetucknee rivers and priority springs, with testimony focused on the proposed Water First restoration strategy, conservation measures, and concerns about water quality, funding, and local opposition. The transcript ends during closing remarks on that ratification bill, before a final vote is shown.
FL
Florida 2026 Regular Session
Appropriations Committee on Agriculture, Environment, and General Government Feb 25th, 2026
Appropriations Committee on Agriculture, Environment, and General Government
Transcript Highlights:
- The statute specifies they must submit revised quarterly claims to the Office of Insurance Regulation
- Prior to drawing from the Insurance Regulatory Trust Fund in the amount of $50 million, imposing up to
- Show me an insurance company that wrote a policy in 1989 that would have zero increases in 37 years.
- My question is to this committee: how do you think the private insurers will react when they find out
- I see no provision where the private insurers are being reimbursed as Medicaid would be.
Keywords:
funeral homes, cemetery law, cremation, embalmer, funeral director, preneed contract, preneed funeral, human remains, unclaimed cremated remains, disposition of remains, hospice, palliative care, end-of-life care, direct disposal, mortuary science, funeral service arts, licensure by endorsement, cemetery license, contiguous acres, consumer services
TX
Transcript Highlights:
- and righteousness, grant them hearts of humility and discernment, that they may seek not their own interests
- Improving the availability and affordability of property insurance in underserved areas and championing
- we see young people transformed and And I saw in particular a young woman for whom Texas FFA is interested
- in agriculture and walked out of Texas FFA a state officer in Interested in leadership the line from
- In 1937, Texas BOMA represents the interest of stakeholders in commercial real estate business.
Summary:
The committee meeting was conducted with several discussions surrounding various proposed bills, addressing both public interests and legislative concerns. Specific bills were presented, and members debated the implications of each, emphasizing their potential impact on the community and state regulations. Notably, several testimonies were heard from stakeholders, which enriched the conversation and provided different perspectives on the bills being reviewed.
TX
Transcript Highlights:
- Um, in the bond market, we trade at the lowest interest rates. We get ratings regularly.
- We get insurance, usually on, there's very few truly non-rated uninsured MUDs.
- Most of our MUDs are getting insurance at the very least, uh, at the very beginning.
- We appreciate Representative Bell's interest in the water district creation process and the important
- It helps their insurance rates go down. Um, everybody's happy about that.
Bills:
HB23
Keywords:
property tax exemption, ad valorem tax, Texas Tax Code, nonprofit corporation, charitable organization, educational nonprofit, scientific nonprofit, agriculture support, youth programs, community education, county population threshold, large county, local government revenue, leasehold interest, possessory interest, county property tax, nonprofit-owned property
TX
TX
Transcript Highlights:
- Kelly Rasty: We took an interesting approach.
- Senator Bettencourt: So bulk is an interesting question. So you don't have a bulk permit?
Keywords:
property tax, school funding, enrollment changes, inflation adjustment, tax rate notice, property tax exemption, ad valorem tax, Texas Tax Code, nonprofit corporation, charitable organization, educational nonprofit, scientific nonprofit, agriculture support, youth programs, community education, county population threshold, large county, local government revenue, leasehold interest, possessory interest
TX
Transcript Highlights:
- The PUC will consider the following five requirements as part of the public interest determination.
- Superior Insurance... ...Subsidiary Ascenteam, led by their former CEO, Mark Sanders, are under active
- That's how I got interested in this stuff.
- It relates to the insurable interest of certain persons providing care to individuals with disabilities
- We also have as a resource witness from the Texas Department of Insurance, Rachel Bowden.
Keywords:
licensing, reciprocity, regulation, Texas Department of Licensing and Regulation, interstate agreements, nuclear energy, advanced reactors, energy security, grant programs, Texas Advanced Nuclear Energy Office, HB 132, Texas Government Code Chapter 418, Public Information Act, confidential records, homeland security, foreign adversary, terrorism, critical infrastructure, emergency response, law enforcement
Summary:
The meeting was a thorough exploration of multiple bills, most notably focused on innovative energy solutions and public safety enhancements. Key discussions centered around HB14, which aims to bolster the state's nuclear energy capabilities through the establishment of a Texas Advanced Nuclear Energy Office. Senators and expert witnesses discussed the potential of nuclear power as a clean energy source and a strategic necessity for Texas's growth. There was strong support for the bill, with various stakeholders highlighting its importance for the future energy landscape. Additionally, other bills like HB132 addressed the need for enhanced confidentiality protections regarding sensitive information, while HB1584 sought improvements in power restoration procedures during emergencies. Overall, the committee engaged with multiple viewpoints, balancing innovation with safety and ethical considerations.
TX
Transcript Highlights:
- The PUC will consider the following five requirements as part of the public-interest determination: one
- And so that's how I got interested in this stuff.
- I don't see this as being in the public interest, this giveaway program. Thank you. Thank you, sir.
- It relates to the insurable interest of certain persons providing care to individuals with disabilities
- We also have as a resource witness from the Texas Department of Insurance, Rachel Bowden.
Keywords:
nuclear energy, Texas Advanced Nuclear Energy Office, energy policy, regulation repeal, state energy strategy, licensing, reciprocity, regulation, Texas Department of Licensing and Regulation, interstate agreements, advanced reactors, energy security, grant programs, HB 132, Texas Government Code Chapter 418, Public Information Act, confidential records, homeland security, foreign adversary, terrorism
Summary:
The committee first took up pending business and quickly reported several measures favorably, including HB 12, SB 1361, SB 1705, SB 1749, SB 1897, SB 2344, SB 2566, HB 3809, and HB 4215, with most sent to the Local and Uncontested Calendar. HB 12’s substitute clarified a limited midterm review of regulatory agencies tied to Sunset Commission recommendations. SB 2696’s substitute changed med spa regulation from a license to a certificate, with training instead of an exam, plus background checks, continuing education, and two-year renewals. HB 3809 dealt with battery energy storage decommissioning and recycling, and HB 4215 was reported without a substitute. SB 1978, concerning interconnection of electric facilities in ERCOT and federal jurisdiction concerns, was reported out on a 5-3 vote after debate, but then the chair later announced the bill was withdrawn and left pending subject to the call of the chair. HB 1899 was also reported favorably, with one nay.
A major portion of the meeting focused on HB 14, the advanced nuclear energy bill. Senator Schwertner described it as creating a Texas Advanced Nuclear Energy Office, a nuclear permitting coordinator, a development fund, a completion grant program, and a workforce development program. Testimony was sharply divided. Supporters, including representatives from Fermi America, Dow/X-energy, CPS Energy, Paragon Energy Solutions, Bridge to Nuclear, Aalo Atomics, and the Texas Association of Business, argued that Texas should lead in advanced nuclear, citing future baseload demand, data centers, industrial power needs, supply-chain development, and long-term energy diversification. Opponents, including Public Citizen, Texas Nuclear Watchdogs, Sierra Club, and individual citizens, argued the bill would subsidize unproven, expensive technology, create grants rather than loans, and expose taxpayers to major risk while doing little to meet near-term energy needs. Several members questioned whether the state should fund projects that may not produce grid power for years, and whether the bill’s grant structure and new office were justified.
The committee also heard HB 5061, which Senator Schwertner said would prohibit unethical surveillance and misuse of confidential information by state contractors, create a confidential reporting system through the State Auditor’s Office, authorize Texas Rangers investigations, protect whistleblowers, and impose penalties including contract termination, fines, and contracting bans. No public testimony was offered, and the bill was left pending. HB 132, sponsored by Senator Hughes, would extend confidentiality protections for sensitive information to hostile acts by foreign adversaries; it was also left pending after no testimony. HB 1584 was then laid out, with Senator Schwertner explaining it would require utilities to maintain and update priority restoration lists for critical facilities after Hurricane Beryl exposed communication failures, but the transcript cuts off before any action on that bill.
TX
Transcript Highlights:
- Hunt called the life insurance policy insurance company and was told that the beneficiary of the life
- People need to have an insurable interest in folks. So, I haven't seen this happen before.
- of the life insurance and seize that from the individual.
- They believe it is not in their child's best interest.
- Interesting.
Keywords:
commercial sexual exploitation, child sex trafficking, human trafficking, child welfare, foster care, DFPS, Department of Family and Protective Services, juvenile probation, risk assessment, needs assessment, trauma screening, child abuse prevention, exploitation screening, validated screening tool, evidence-informed tool, conservatorship, juvenile justice, at-risk youth, trafficking prevention, Child Sex Trafficking Prevention Unit
TX
Keywords:
commercial sexual exploitation, child sex trafficking, human trafficking, child welfare, foster care, DFPS, Department of Family and Protective Services, juvenile probation, risk assessment, needs assessment, trauma screening, child abuse prevention, exploitation screening, validated screening tool, evidence-informed tool, conservatorship, juvenile justice, at-risk youth, trafficking prevention, Child Sex Trafficking Prevention Unit
TX
Keywords:
property tax, school funding, enrollment changes, inflation adjustment, tax rate notice, property tax exemption, ad valorem tax, Texas Tax Code, nonprofit corporation, charitable organization, educational nonprofit, scientific nonprofit, agriculture support, youth programs, community education, county population threshold, large county, local government revenue, leasehold interest, possessory interest
TX
Transcript Highlights:
- But what was interesting about that, compared to others, is that almost every dollar is accounted for
- Interesting.
- I mean, some of the departments in Texas have taken very good insurance ratings, which keeps property
- risk danger that is so high they can't find insurance providers to cover.
- There are things like inflation, health insurance costs going up.
Keywords:
property tax, school funding, enrollment changes, inflation adjustment, tax rate notice, property tax exemption, ad valorem tax, Texas Tax Code, nonprofit corporation, charitable organization, educational nonprofit, scientific nonprofit, agriculture support, youth programs, community education, county population threshold, large county, local government revenue, leasehold interest, possessory interest
TX
Texas 89th 2nd C.S.
S/C on Disease Prevention & Women's & Children's Health Mar 20th, 2025
S/C on Disease Prevention & Women's & Children's Health
Transcript Highlights:
- And so it's just any interest because it was 3% if you own that much of a food company, that is a whole
- We see it in the restrictions that prevent physicians from running critical lab tests, and the insurers
- rather than the best interests of the people for the people.
- How do we keep, if we do it in Texas, how do we prevent those conflicts of interest?
- That really goes to the depths of the conflicts of interest on all of this.
MN
Transcript Highlights:
- We'd like to uh testify on interesting.
- >
federally <00:34:27.040>also business interest changes federally also business interest - related to how the business interest related to how the business interest deduction<00:34:45.440
- in taxation EBIT to earnings interest in taxation EBIT to earnings before<00:38:51.040>
interest< - 30% limit on business interest. 30% limit on business interest.
Keywords:
taxation, pass-through entity, qualifying owner, partnership, S corporation, tax return, corporate franchise tax, individual income tax, research expenditures, federal compliance, Minnesota Statutes, income tax, corporate tax, section 179, federal conformity, HF3815, Minnesota taxes, tax conformity, Internal Revenue Code, IRC conformity
AL
Alabama 2026 1st Special Session
Alabama House Ports, Waterways, and Intermodal Transit Committee Feb 18th, 2026
Ports, Waterways & Intermodal Transit
NM
Transcript Highlights:
- Okay, interesting. So our statute for MRAs requires, Mr. Chair, that they be in full form.
- I don't know if there's one in the House, but I'm still interested in this.
Keywords:
SB 101, Health Care Delivery and Access Act, repeal of repeal, sunset repeal, delayed repeal, health care, healthcare, access to care, medical services, provider regulation, state health law, New Mexico, SB58, metropolitan redevelopment, redevelopment property, property tax exemption, payments in lieu of taxes, PILOT, municipal redevelopment, local government
OK