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    CS/SB 1656: Insurance Regulations

    GENERAL BILL by Banking and Insurance, Collins

    Insurance Regulations; Providing that the Chief Financial Officer is the agent for service of process on health maintenance organizations; authorizing the Department of Law Enforcement to exchange certain records with the Office of Insurance Regulation; deleting certain provisions relating to credits allowed in specified reinsurance circumstances and relating to assuming insurers’ accreditations; prohibiting personal residential property insurers from submitting more than two use and file filings under certain circumstances; requiring that certain rate filings with the office from residential property insurers include rate transparency reports, 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, 2025

    Last Action: 5/3/2025 Senate - Indefinitely postponed and withdrawn from consideration

    Bill Text [pdf]

    Current Bill Version Posted: 3/19/2025 02:59 PM


    • Related Bills (9)

      Bill Number Subject Filed By Last Action and Location Relationship Learn more about bill relationships
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    • Bill History

      S = Senate, H = House

      2/28/2025 S • Filed
      3/7/2025 S • Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Rules
      3/10/2025 S • Introduced
      3/12/2025 S • On Committee agenda-- Banking and Insurance, 03/17/25, 1:30 pm, 412 Knott Building
      3/17/2025 S • CS by Banking and Insurance; YEAS 7 NAYS 0
      3/19/2025 S • Pending reference review under Rule 4.7(2) - (Committee Substitute)
      • Now in Appropriations Committee on Agriculture, Environment, and General Government
      • CS by Banking and Insurance read 1st time
      5/3/2025 S • Indefinitely postponed and withdrawn from consideration
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