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CS/CS/HB 643: Title Insurance

GENERAL BILL by Economic Affairs Committee ; Insurance and Banking Subcommittee ; Moraitis

Title Insurance; Specifies continuing education requirements for title insurance agents; specifies additional grounds to deny, suspend, revoke, or refuse to renew or continue license or appointment of title insurance agent or agency; requires attorney serving as title or real estate settlement agent to deposit & maintain certain funds in separate trust account & permit account to be audited by applicable title insurer, unless prohibited by rules of Florida Bar; provides procedures & requirements relating to approval or disapproval of title insurance forms by OIR; requires title insurance agencies & certain insurers to submit specified information to office to assist in analysis of title insurance premium rates, title search costs, & condition of title insurance industry; requires FSC to adopt rules.

Effective Date: 7/1/2012
Last Action: 5/6/2012 - Chapter No. 2012-206, companion bill(s) passed, see CS/CS/HB 645 (Ch. 2012-207), CS/CS/CS/HB 725 (Ch. 2012-209)
Location: Became Law
Bill Text: PDF



Bill History

Date Chamber Action
11/14/2011 House • Filed
11/21/2011 House • Referred to Insurance and Banking Subcommittee; Rulemaking and Regulation Subcommittee; Government Operations Appropriations Subcommittee; Economic Affairs Committee -HJ 64
1/10/2012 House • Introduced -HJ 64
1/12/2012 House • PCS on Committee agenda-- Insurance and Banking Subcommittee, 01/17/12, 3:30 pm, 404 HOB
1/17/2012 House • CS by Insurance and Banking Subcommittee; YEAS 13 NAYS 1 -HJ 248
1/23/2012 House • Pending review of CS under Rule 7.19(c)
• CS by Insurance and Banking Subcommittee read 1st time -HJ 243
1/24/2012 House • Original reference(s) removed: Government Operations Appropriations Subcommittee
• CS referred to Rulemaking and Regulation Subcommittee; Economic Affairs Committee -HJ 281
• Now in Rulemaking and Regulation Subcommittee -HJ 281
2/1/2012 House • On Committee agenda-- Rulemaking and Regulation Subcommittee, 02/03/12, 9:00 am, 306 HOB
2/3/2012 House • Favorable by Rulemaking and Regulation Subcommittee; YEAS 14 NAYS 1 -HJ 467
• Now in Economic Affairs Committee -HJ 467
2/6/2012 House • On Committee agenda-- Economic Affairs Committee, 02/08/12, 8:00 am, Reed Hall
2/8/2012 House • CS/CS by- Economic Affairs Committee; YEAS 14 NAYS 2 -HJ 577
2/10/2012 House • Pending review of CS -under Rule 7.19(c)
• CS/CS by Economic Affairs Committee read 1st time -HJ 575
2/11/2012 House • Placed on Calendar -HJ 581
2/13/2012 House • Placed on Special Order Calendar, 02/15/12
2/15/2012 House • Read 2nd time -HJ 621
• Placed on 3rd reading
2/16/2012 House • Read 3rd time -HJ 639
• CS passed; YEAS 118 NAYS 0 -HJ 639
2/22/2012 Senate • In Messages
3/5/2012 Senate • Received -SJ 817
• Referred to Banking and Insurance; Judiciary; Budget -SJ 817
3/7/2012 Senate • Withdrawn from Banking and Insurance; Judiciary; Budget -SJ 939
• Placed on Calendar, on 2nd reading -SJ 939
• Substituted for CS/CS/SB 1404 -SJ 939
• Read 2nd time -SJ 939
• Read 3rd time -SJ 939
• CS passed; YEAS 40 NAYS 0 -SJ 939
3/7/2012 House • Ordered enrolled -HJ 1178
4/20/2012 • Signed by Officers and presented to Governor
5/4/2012 • Approved by Governor
5/6/2012 • Chapter No. 2012-206, companion bill(s) passed, see CS/CS/HB 645 (Ch. 2012-207), CS/CS/CS/HB 725 (Ch. 2012-209)