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Senate Banking and Insurance Committee

Credit unions: A ‘winner’ worth picking

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Free market, corporate welfare, winners and losers. These phrases are uttered every day in the halls of the Florida Capitol while lawmakers are in Session; but, the reality is, government is, across many sectors of society, still in the business of picking winners and losers. One such instance where government picks winners and losers is in the fight between banks and credit unions over public deposits. For years, the credit unions have been seeking legislation that would allow them to…

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Contractors mount defense of assignment of benefits agreements

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Home repair contractors lashed out against calls for a crackdown on assignment of benefits agreements during testimony before a key Senate committee Tuesday, insisting such contracts protect homeowners and reputable remediation businesses. They argued instead for increased regulation of their industry, to put fly-by-night contractors out of business. “Would you please regulate us?” said Dave DeBlander of ProClean Restoration and Cleaning in Pensacola. “Regulate us like mold (remediation) is regulated. Get rid of those bad companies there in South Florida.…

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Threats to consumers? Or threats to hospitals?

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A hearing late this afternoon before the Senate Banking and Insurance Committee could mark a session-long fight over Florida’s consumer protection laws as they relate to bill collectors harassing private citizens and hospitals finding themselves perhaps caught in a scam and paying a high penalty for a purposefully mismailed complaint. A bill by Sen. Kelli Stargel, a Lakeland Republican, Senate Bill 562, would shield hospitals from liability when bill collection demands continue to harass private citizens over their unpaid bills. But the bill creates more harassment…

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