Industrial Life Policy Ban Bill Dies in Florida.

From: National Underwriter Life & Health-Financial ServicesEdition | Date: June 7, 1999| Author: | Copyright information

For the second time, a bill that would have banned the sale of new industrial life insurance policies in Florida died without being voted on. But it maybe reintroduced next year.

The bill passed the state house in April, but the senate did not, vote on it.

The state senate's banking and finance committee and the house's insurance committee each supported the bill, said Elsie Crowell, the state's insurance consumer advocate, who helped write the legislation.

Both branches of the legislature must approve the bill before it can go to Gov. Jeb Bush for signing. The ...

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