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CS/HB 403: Title Insurance

GENERAL BILL by Insurance ; Byrd ; (CO-INTRODUCERS) Fasano ; Waters

Title Insurance; revises & clarifies application of provisions re title insurance agents, policies, premiums, rates, contracts, charges, & practices; specifies components of unearned premium reserve for certain financial statements; provides limitation on payment of portions of premiums for primary title services; specifies certain alternative premium rates to be charged by title insurers for certain title ins. contracts for certain period, etc. Amends FS.

Effective Date: 07/01/1999
Last Action: 6/8/1999 - Approved by Governor; Chapter No. 99-286; See also CS/CS/CS/HB 93 (Ch. 99-336)
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    1/26/1999 House • Prefiled
    2/3/1999 House • Referred to Insurance (CAC)
    3/2/1999 House • Introduced, referred to Insurance (CAC) -HJ 00045
    3/18/1999 House • On Committee agenda-- Insurance (CAC), 03/22/99, 1:00 pm, Reed Hall --Temporarily deferred
    3/25/1999 House • On Committee agenda-- Insurance (CAC), 03/29/99, 1:45 pm, Reed Hall --Temporarily deferred
    4/5/1999 House • On Committee agenda-- Insurance (CAC), 04/07/99, 2:00 pm, Reed Hall --Not considered
    4/9/1999 House • On Committee agenda-- Insurance (CAC), 04/13/99, 1:00 pm, Reed Hall
    4/13/1999 House • Comm. Action:-CS by Insurance (CAC) -HJ 00625
    4/15/1999 House • CS read first time on 04/15/99 -HJ 00619; Pending review of CS under Rule 113
    4/16/1999 House • Placed on Calendar -HJ 00625
    4/21/1999 House • Placed on Special Order Calendar; Read second time -HJ 00730; Amendment(s) adopted -HJ 00730
    4/22/1999 House • Read third time -HJ 00759; CS passed as amended; YEAS 107 NAYS 5 -HJ 00759
    4/22/1999 Senate • In Messages
    4/26/1999 Senate • Received, referred to Banking and Insurance -SJ 00891; Immediately withdrawn from Banking and Insurance -SJ 00822; Substituted for CS/SB 746 -SJ 00823; Read second time -SJ 00823; Amendment(s) failed -SJ 00823
    4/27/1999 Senate • Read third time -SJ 01184; CS passed; YEAS 39 NAYS 0 -SJ 01185
    4/27/1999 House • Ordered enrolled -HJ 01479
    5/24/1999 • Signed by Officers and presented to Governor
    6/8/1999 • Approved by Governor; Chapter No. 99-286; See also CS/CS/CS/HB 93 (Ch. 99-336)

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  • CS/HB 403, Enrolled (Current Bill Version) Posted 8/28/2000 at 9:26 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (4)

    Bill Number Subject Filed By Relationship Last Action and Location
    H 93 (e1) Starks Compare Last Action: 6/11/1999 Approved by Governor; Chapter No. 99-336; See also CS/HB 403 (Ch. 99-286)
    Location:
    S 746 (c1) Title Insurance Grant Compare Last Action: 4/26/1999 S Placed on Special Order Calendar -SJ 00792, -SJ 00886; House Bill substituted -SJ 00823; Laid on Table, Iden./Sim./Compare Bill(s) passed, refer to CS/HB 403 (Ch. 99-286)
    Location:
    S 1982 (c1) Title Insurance Reserve Dyer Compare Last Action: 4/30/1999 S Placed on Special Order Calendar -SJ 01628, -SJ 01926; Read second time -SJ 01827; Amendment(s) adopted -SJ 01827; House Bill substituted -SJ 01827; Laid on Table, Iden./Sim./Compare Bill(s) passed, refer to CS/CS/CS/HB 93 (Ch. 99-336); See also CS/HB 403 (Ch. 99-286)
    Location:
    S 2458 Title Insurance Reserve Dyer Compare Last Action: 3/30/1999 S Withdrawn from Banking and Insurance -SJ 00372; Withdrawn from further cons.,Iden/Sim/Compare Bill(s) passed, refer to CS/CS/CS/HB 93 (Ch. 99-336), CS/HB 403 (Ch. 99-286) -SJ 00372
    Location:

    Citations - Statutes (22)

    Citation Catchline Location in Bill Location In Bill Help
    624.509 Premium tax; rate and computation.
    625.111 Title insurance reserve.
    626.841 Definitions.
    626.8411 Application of Florida Insurance Code provisions to title insurance agents or agencies.
    626.9541 Unfair methods of competition and unfair or deceptive acts or practices defined.
    627.7711 Definitions.
    627.777 Approval of forms.
    627.7773 Accounting and auditing of forms by title insurers.
    627.7776 Furnishing of supplies; civil liability.
    627.780 Illegal dealings in risk premium.
    627.782 Adoption of rates.
    627.7825
    627.783 Rate deviation.
    627.7831 Title binders and commitments; charges; collection.
    627.784 Casualty title insurance prohibited.
    627.7841 Insurance against adverse matters or defects in the title.
    627.7842 Policy exceptions.
    627.7845 Determination of insurability required; preservation of evidence of title search and examination.
    627.786 Transaction of title insurance and any other kind of insurance prohibited.
    627.791 Penalties against title insurers for violations by persons or entities not licensed.
    627.792 Liability of title insurers for defalcation by title insurance agents.
    627.793

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  • CS/HB 403, Engrossed 1 Posted 8/28/2000 at 9:26 AM

    Bill Text:   Web Page | PDF
    Analyses:   Insurance (Post-Meeting) 6/29/1999 (pdf)

    Floor Amendments (3)

    Amendment Sponsor Filed Last Floor Action Format
    020902 - Amendment
    Kirkpatrick 4/27/1999
    9:32 AM
    PDF
    040510 - Amendment
    Kirkpatrick 4/27/1999
    9:33 AM
    PDF
    664396 - Amendment
    Kirkpatrick 4/27/1999
    10:05 AM
    PDF

    Floor Votes (2)

    Date Chamber Result
    4/22/1999 9:15 AM House 107 Yeas - 5 Nays
    4/27/1999 3:42 PM Senate 39 Yeas - 0 Nays

    Citations - Statutes (22)

    Citation Catchline Location in Bill Location In Bill Help
    624.509 Premium tax; rate and computation.
    625.111 Title insurance reserve.
    626.841 Definitions.
    626.8411 Application of Florida Insurance Code provisions to title insurance agents or agencies.
    626.9541 Unfair methods of competition and unfair or deceptive acts or practices defined.
    627.7711 Definitions.
    627.777 Approval of forms.
    627.7773 Accounting and auditing of forms by title insurers.
    627.7776 Furnishing of supplies; civil liability.
    627.780 Illegal dealings in risk premium.
    627.782 Adoption of rates.
    627.7825
    627.783 Rate deviation.
    627.7831 Title binders and commitments; charges; collection.
    627.784 Casualty title insurance prohibited.
    627.7841 Insurance against adverse matters or defects in the title.
    627.7842 Policy exceptions.
    627.7845 Determination of insurability required; preservation of evidence of title search and examination.
    627.786 Transaction of title insurance and any other kind of insurance prohibited.
    627.791 Penalties against title insurers for violations by persons or entities not licensed.
    627.792 Liability of title insurers for defalcation by title insurance agents.
    627.793

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  • CS/HB 403, Committee Substitute 1 Posted 8/28/2000 at 9:26 AM

    Bill Text:   Web Page | PDF
    Analyses:   Insurance (Post-Meeting) 4/15/1999 (pdf)

    Citations - Statutes (21)

    Citation Catchline Location in Bill Location In Bill Help
    624.509 Premium tax; rate and computation.
    626.841 Definitions.
    626.8411 Application of Florida Insurance Code provisions to title insurance agents or agencies.
    626.9541 Unfair methods of competition and unfair or deceptive acts or practices defined.
    627.7711 Definitions.
    627.777 Approval of forms.
    627.7773 Accounting and auditing of forms by title insurers.
    627.7776 Furnishing of supplies; civil liability.
    627.780 Illegal dealings in risk premium.
    627.782 Adoption of rates.
    627.7825
    627.783 Rate deviation.
    627.7831 Title binders and commitments; charges; collection.
    627.784 Casualty title insurance prohibited.
    627.7841 Insurance against adverse matters or defects in the title.
    627.7842 Policy exceptions.
    627.7845 Determination of insurability required; preservation of evidence of title search and examination.
    627.786 Transaction of title insurance and any other kind of insurance prohibited.
    627.791 Penalties against title insurers for violations by persons or entities not licensed.
    627.792 Liability of title insurers for defalcation by title insurance agents.
    627.793

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  • HB 403, Original Filed Version Posted 8/28/2000 at 9:26 AM

    Bill Text:   Web Page | PDF
    Analyses:   Insurance (Post-Meeting) 3/17/1999 (pdf)

    Citations - Statutes (19)

    Citation Catchline Location in Bill Location In Bill Help
    624.509 Premium tax; rate and computation.
    626.841 Definitions.
    626.8411 Application of Florida Insurance Code provisions to title insurance agents or agencies.
    626.9541 Unfair methods of competition and unfair or deceptive acts or practices defined.
    627.7711 Definitions.
    627.777 Approval of forms.
    627.7773 Accounting and auditing of forms by title insurers.
    627.7776 Furnishing of supplies; civil liability.
    627.780 Illegal dealings in risk premium.
    627.782 Adoption of rates.
    627.783 Rate deviation.
    627.7831 Title binders and commitments; charges; collection.
    627.784 Casualty title insurance prohibited.
    627.7841 Insurance against adverse matters or defects in the title.
    627.7842 Policy exceptions.
    627.7845 Determination of insurability required; preservation of evidence of title search and examination.
    627.786 Transaction of title insurance and any other kind of insurance prohibited.
    627.791 Penalties against title insurers for violations by persons or entities not licensed.
    627.792 Liability of title insurers for defalcation by title insurance agents.

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