FL H0821 | 2013 | Regular Session

Status

Spectrum: Slight Partisan Bill (? 2-1)
Status: Introduced on February 15 2013 - 25% progression, died in chamber
Action: 2013-05-03 - Died on Calendar
Text: Latest bill text (Comm Sub) [PDF]

Summary

Provides definitions applicable to Florida Insurance Code; revises definition; provides additional calculations for determining whether insurer has company action level event; revises provisions relating to mandatory control level events; requires insurer's annual statement to include actuarial opinion summary; provides criteria for summary; provides exception for life & health insurers; protects material supporting insurer's annual actuarial opinion from subpoena, discovery, or admissibility in civil action; revises amount of outstanding voting securities of domestic stock insurer or controlling company that person is prohibited from acquiring unless certain requirements have been met; deletes provision authorizing insurer to file disclaimer of affiliation & control in lieu of letter notifying OIR of FSC of acquisition of voting securities of domestic stock company; requires statement notifying office to include additional information; provides that control is presumed to exist under certain conditions; specifies how control may be rebutted & how controlling interest may be divested.

Tracking Information

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Title

Insurer Solvency

Sponsors


History

DateChamberAction
2013-05-03HouseDied on Calendar
2013-04-02HousePlaced on Calendar
2013-04-01HouseCS/CS by Regulatory Affairs Committee read 1st time
2013-04-01HousePending review of CS -under Rule 7.19(c)
2013-03-27HouseCS/CS by- Regulatory Affairs Committee; YEAS 18 NAYS 0
2013-03-25HouseOn Committee agenda-- Regulatory Affairs Committee, 03/27/13, 2:00 pm, 404 HOB
2013-03-18HouseCS by Insurance and Banking Subcommittee read 1st time
2013-03-18HouseNow in Regulatory Affairs Committee
2013-03-18HouseCS referred to Regulatory Affairs Committee
2013-03-18HouseOriginal reference(s) removed: Government Operations Appropriations Subcommittee
2013-03-15HousePending review of CS under Rule 7.19(c)
2013-03-13HouseCS by Insurance and Banking Subcommittee; YEAS 13 NAYS 0
2013-03-11HouseOn Committee agenda-- Insurance and Banking Subcommittee, 03/13/13, 9:00 am, 404 HOB
2013-03-05HouseIntroduced
2013-02-28HouseReferred to Insurance and Banking Subcommittee; Government Operations Appropriations Subcommittee; Regulatory Affairs Committee
2013-02-15HouseFiled

Same As/Similar To

H0823 (Related) 2013-05-03 - Died on Calendar
S0836 (Similar To) 2013-05-03 - Died in Messages
S0834 (Similar To) 2013-05-03 - Died in Messages

Code Citations

ChapterArticleSectionCitation TypeStatute Text
6244085Amended CodeSee Bill Text
624424Amended CodeSee Bill Text
625121Amended CodeSee Bill Text
628461Amended CodeSee Bill Text
628801Amended CodeSee Bill Text
628803Amended CodeSee Bill Text
636045Amended CodeSee Bill Text
641225Amended CodeSee Bill Text
641255Amended CodeSee Bill Text

Florida State Sources


Bill Comments

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