CS/CS/SB 1622: Insurance
GENERAL BILL by Fiscal Policy ; Banking and Insurance ; Trumbull ; (CO-INTRODUCERS) Perry
Insurance; Revising the entities for which the Office of Insurance Regulation is required to conduct market conduct examinations; beginning on a specified date, requiring insurers and insurer groups to file a specified supplemental report on a monthly basis; revising the requirements for public housing authority self-insurance funds; revising the procedure for persons to organize as a domestic reciprocal insurer; providing that a domestic reciprocal insurer may seek a certificate of authority only under certain circumstances, etc.
Effective Date: Except as otherwise expressly provided in this act and except for this section, which shall take effect upon this act becoming a law, this act shall take effect July 1, 2024
Current Bill Version Posted: 02/28/2024 at 12:16 PM
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Senate Committee References (3)
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Related Bills (2)
Bill Number Subject Filed By Last Action and Location Relationship Learn more about bill relationships H 1611 (er) by Insurance & Banking Subcommittee
Insurance
Last Action: 5/13/2024 Chapter No. 2024-182Similar H 1015 by Stevenson
Insurance
Last Action: 1/8/2024 H Withdrawn prior to introductionCompare -
Citations - Statutes (26)
The page numbers, when listed, for citations are constantly under review. The journals or printed bills of the respective chambers should be consulted as the official documents of the Legislature.
The links for the page numbers are formatted to open the bill text PDF directly to the page containing the citation. However, if your browser is set to open PDFs in a new window, as is often the case with 64-bit browsers, the bill text will open to the first page.Citation and Catchline Location in Bill 163.01 Florida Interlocal Cooperation Act of 1969. Page 44 [pdf] 624.3161 Market conduct examinations. Page 6 [pdf] 624.424 Annual statement and other information. Page 7 [pdf] 624.4305 Nonrenewal of residential property insurance policies. Page 8 [pdf] 624.46226 Public housing authorities self-insurance funds; exemption for taxation and assessments. Page 8 [pdf] 626.9201 Notice of cancellation or nonrenewal. Page 10 [pdf] 626.9531 Identification of insurers, agents, and insurance contracts. Page 44 [pdf] 627.062 Rate standards. Page 13 [pdf] 627.351 Insurance risk apportionment plans. Page 14 [pdf] 627.7011 Homeowners' policies; offer of replacement cost coverage and law and ordinance coverage. Page 16 [pdf] 628.011 Scope of part. Page 17 [pdf] 628.061 Investigation of proposed organization. Page 16 [pdf] 628.801 Insurance holding companies; registration; regulation. Page 18 [pdf] 629.011 "Reciprocal insurance" defined. Page 20 [pdf] 629.021 "Reciprocal insurer" defined. Page 22 [pdf] 629.061 Attorney. Page 22 [pdf] 629.081 Organization of reciprocal insurer. Page 22 [pdf] 629.091 Certificate of authority. Page 24 [pdf] 629.094 Page 26 [pdf] 629.101 Power of attorney. Page 25 [pdf] 629.225 Page 27 [pdf] 629.227 Page 38 [pdf] 629.229 Page 40 [pdf] 629.261 Nonassessable policies. Page 41 [pdf] 629.291 Merger or conversion. Page 42 [pdf] 629.525 Page 44 [pdf] -
Bill History
S = Senate, H = House
Date Chamber Action 1/5/2024 S • Filed
1/11/2024 S • Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy
• Introduced
1/24/2024 S • On Committee agenda-- Banking and Insurance, 01/29/24, 1:30 pm, 412 Knott Building
1/29/2024 S • CS by Banking and Insurance; YEAS 8 NAYS 0
1/30/2024 S • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• Now in Appropriations Committee on Agriculture, Environment, and General Government
2/1/2024 S • CS by Banking and Insurance read 1st time
2/5/2024 S • On Committee agenda-- Appropriations Committee on Agriculture, Environment, and General Government, 02/08/24, 2:00 pm, 110 Senate Building
2/8/2024 S • Favorable by Appropriations Committee on Agriculture, Environment, and General Government; YEAS 9 NAYS 0
• Now in Fiscal Policy
2/12/2024 S • On Committee agenda-- Fiscal Policy, 02/15/24, 12:00 pm, 412 Knott Building --Temporarily Postponed
2/22/2024 S • On Committee agenda-- Fiscal Policy, 02/27/24, 9:00 am, 412 Knott Building
2/27/2024 S • CS/CS by- Fiscal Policy; YEAS 18 NAYS 0
2/28/2024 S • Pending reference review -under Rule 4.7(2) - (Committee Substitute)
• Placed on Calendar, on 2nd reading
2/28/2024 S • Placed on Special Order Calendar, 03/01/24
2/28/2024 S • CS/CS by Fiscal Policy read 1st time
3/1/2024 S • Retained on Special Order Calendar -SJ 606
3/4/2024 S • Retained on Special Order Calendar -SJ 656
3/5/2024 S • Retained on Special Order Calendar -SJ 733
3/6/2024 S • Read 2nd time -SJ 866
• Substituted CS/CS/HB 1611 -SJ 867
• Laid on Table, refer to CS/CS/HB 1611 -SJ 867