FL H1023 | 2022 | Regular Session

Status

Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on May 26 2022 - 100% progression
Action: 2022-05-26 - Chapter No. 2022-139
Text: Latest bill text (Enrolled) [PDF]

Summary

Provides required factors to be used in determination & fixing of rates for premiums paid to insolvent insurers for specified coverages; authorizes insurers to elect not to recoup advance assessments paid to Florida Insurance Guaranty Association, Incorporated; provides calculations of insurers' assets under specified circumstances; revises provisions relating to payments of assessments & insurers' reconciliation reports to association; requires insurers to pay assessments to association, rather than to collect such assessments; specifies payments that certain insurers must make to association; requires insurers to treat insureds' failure to pay surcharges, rather than recoupment charges, as failure to pay premiums; provides that insurers are liable for surcharges & are not liable for uncollectible surcharges; removes requirement that insurers treat insureds' failure to pay emergency assessments as failure to pay premiums; revises provisions relating to insurers' collection of surcharges & payments of assessments to Florida Workers' Compensation Insurance Guaranty Association, Incorporated.

Tracking Information

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Title

Insolvent Insurers

Sponsors


Roll Calls

2022-03-04 - Senate - Senate: Third Reading RCS#10 (Y: 36 N: 0 NV: 3 Abs: 0) [PASS]
2022-03-02 - House - House: Third Reading RCS#687 (Y: 116 N: 0 NV: 3 Abs: 0) [PASS]
2022-02-17 - House - House Commerce Committee (Y: 20 N: 0 NV: 0 Abs: 4) [PASS]
2022-02-08 - House - House State Administration & Technology Appropriations Subcommittee (Y: 13 N: 0 NV: 0 Abs: 2) [PASS]
2022-01-27 - House - House Insurance & Banking Subcommittee (Y: 16 N: 0 NV: 0 Abs: 2) [PASS]

History

DateChamberAction
2022-05-26 Chapter No. 2022-139
2022-05-25 Approved by Governor
2022-05-20 Signed by Officers and presented to Governor
2022-03-04HouseOrdered enrolled
2022-03-04HouseIn Messages
2022-03-04SenateCS passed; YEAS 36 NAYS 0
2022-03-04SenateRead 3rd time
2022-03-04SenateRead 2nd time
2022-03-04SenateSubstituted for CS/CS/SB 1430
2022-03-04SenatePlaced on Calendar, on 2nd reading
2022-03-04SenateWithdrawn from Appropriations
2022-03-02SenateReceived
2022-03-02SenateReferred to Appropriations
2022-03-02SenateIn Messages
2022-03-02HouseCS passed; YEAS 116, NAYS 0
2022-03-02HouseRead 3rd time
2022-03-01HouseAdded to Third Reading Calendar
2022-03-01HousePlaced on 3rd reading
2022-03-01HouseRead 2nd time
2022-02-24HouseBill added to Special Order Calendar (3/1/2022)
2022-02-18HouseAdded to Second Reading Calendar
2022-02-18HouseBill referred to House Calendar
2022-02-17House1st Reading (Committee Substitute 1)
2022-02-17HouseCS Filed
2022-02-17HouseLaid on Table under Rule 7.18(a)
2022-02-17HouseReported out of Commerce Committee
2022-02-17HouseFavorable with CS by Commerce Committee
2022-02-15HouseAdded to Commerce Committee agenda
2022-02-08HouseNow in Commerce Committee
2022-02-08HouseReported out of State Administration & Technology Appropriations Subcommittee
2022-02-08HouseFavorable by State Administration & Technology Appropriations Subcommittee
2022-02-04HouseAdded to State Administration & Technology Appropriations Subcommittee agenda
2022-01-27HouseNow in State Administration & Technology Appropriations Subcommittee
2022-01-27HouseReported out of Insurance & Banking Subcommittee
2022-01-27HouseFavorable by Insurance & Banking Subcommittee
2022-01-25HouseAdded to Insurance & Banking Subcommittee agenda
2022-01-11House1st Reading (Original Filed Version)
2022-01-07HouseNow in Insurance & Banking Subcommittee
2022-01-07HouseReferred to Commerce Committee
2022-01-07HouseReferred to State Administration & Technology Appropriations Subcommittee
2022-01-07HouseReferred to Insurance & Banking Subcommittee
2021-12-27HouseFiled

Same As/Similar To

S1430 (Same As) 2022-03-04 - Laid on Table, refer to CS/HB 1023

Code Citations

ChapterArticleSectionCitation TypeStatute Text
627072Amended CodeSee Bill Text
63157Amended CodeSee Bill Text
631914Amended CodeSee Bill Text

Florida State Sources

TypeSource
Summaryhttps://www.flsenate.gov/Session/Bill/2022/1023
Texthttps://www.flsenate.gov/Session/Bill/2022/1023/BillText/Filed/PDF
Texthttps://www.flsenate.gov/Session/Bill/2022/1023/BillText/c1/PDF
Texthttps://www.flsenate.gov/Session/Bill/2022/1023/BillText/er/PDF
Amendmenthttps://www.flsenate.gov/Session/Bill/2022/1023/Amendment/557425/PDF
Supplementhttps://www.flsenate.gov/Session/Bill/2022/1023/Analyses/h1023.IBS.PDF
Supplementhttps://www.flsenate.gov/Session/Bill/2022/1023/Analyses/h1023a.IBS.PDF
Supplementhttps://www.flsenate.gov/Session/Bill/2022/1023/Analyses/h1023b.SAT.PDF
Supplementhttps://www.flsenate.gov/Session/Bill/2022/1023/Analyses/h1023c.SAT.PDF
Supplementhttps://www.flsenate.gov/Session/Bill/2022/1023/Analyses/h1023d.COM.PDF
Supplementhttps://www.flsenate.gov/Session/Bill/2022/1023/Analyses/h1023e.COM.PDF
Supplementhttps://www.flsenate.gov/Session/Bill/2022/1023/Analyses/h1023z.IBS.PDF
Supplementhttps://www.flsenate.gov/Session/Bill/2022/1023/Analyses/h1023z1.IBS.PDF
Roll Callhttps://www.myfloridahouse.gov/Sections/Committees/billvote.aspx?VoteId=63555&IsPCB=0&BillId=75829
Roll Callhttps://www.myfloridahouse.gov/Sections/Committees/billvote.aspx?VoteId=64618&IsPCB=0&BillId=75829
Roll Callhttps://www.myfloridahouse.gov/Sections/Committees/billvote.aspx?VoteId=65221&IsPCB=0&BillId=75829
Roll Callhttps://www.flsenate.gov/Session/Bill/2022/1023/Vote/HouseVote_h01023c1687.PDF
Roll Callhttps://www.flsenate.gov/Session/Bill/2022/1023/Vote/SenateVote_h01023c1010.PDF

Bill Comments

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