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The Florida Senate

CS/CS/SB 610: Captive Insurance

GENERAL BILL by Budget Subcommittee on General Government Appropriations ; Banking and Insurance ; Diaz de la Portilla

Captive Insurance; Expanding the kinds of insurance for which a captive insurer may seek licensure; limiting the risks that certain captive insurers may insure; specifying requirements and conditions relating to a captive insurer’s authority to conduct business; specifying certain fees to be paid by captive insurance companies; requiring biographical affidavits, background investigations, and fingerprint cards for all officers and directors; providing restrictions on officers and directors involved with insolvent insurers under certain conditions; providing restrictions on officers and directors that are found guilty of, or have pleaded guilty or nolo contendere to, any felony or crime involving moral turpitude, including a crime of dishonesty or breach of trust, etc.

Effective Date: upon becoming a law
Last Action: 3/9/2012 Senate - Died on Calendar, companion bill(s) passed, see CS/CS/HB 1101 (Ch. 2012-151)
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Budget Subcommittee on General Government Appropriations (BGA)



Bill History

Date Chamber Action
10/20/2011 Senate • Filed
11/2/2011 Senate • Referred to Banking and Insurance; Budget -SJ 52
11/22/2011 Senate • On Committee agenda-- Banking and Insurance, 12/07/11, 9:30 am, 412 Knott Building
12/7/2011 Senate • CS by Banking and Insurance; YEAS 10 NAYS 0 -SJ 112
12/8/2011 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
12/9/2011 Senate • Now in Budget -SJ 112
12/13/2011 Senate • Subreferred to Budget Subcommittee on General Government Appropriations -SJ 109
• Now in Budget Subcommittee on General Government Appropriations
1/9/2012 Senate • On Committee agenda-- Budget Subcommittee on General Government Appropriations, 01/12/12, 1:00 pm, 401 Senate Office Building
1/10/2012 Senate • Introduced -SJ 52
• CS by Banking and Insurance read 1st time -SJ 105
1/12/2012 Senate • CS/CS by Budget Subcommittee on General Government Appropriations; YEAS 8 NAYS 0 -SJ 214
1/17/2012 Senate • Now in Budget -SJ 214
• CS/CS by Budget Subcommittee on General Government Appropriations read 1st time -SJ 249
3/6/2012 Senate • Withdrawn from Budget -SJ 874
• Pending reference review -under Rule 4.7(2) - (Committee Substitute) -SJ 874
• Placed on Calendar, on 2nd reading
3/9/2012 Senate • Died on Calendar, companion bill(s) passed, see CS/CS/HB 1101 (Ch. 2012-151)