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CS/SB 1126: Insurance Policy Holder Protection

GENERAL BILL by Banking and Insurance ; Posey ; (CO-INTRODUCERS) Wasserman Schultz ; Latvala

Insurance Policy Holder Protection; creates Insurance Policy Holder Protection Act; revises certain agent commission payment & policy servicing procedures & requirements; adds area eligible for coverage from Fla. Windstorm Underwriting Association; preserves policyholder's right to select & maintain certain agents; authorizes DOI to adopt rules to preserve such right; provides application. Amends 627.351,.3511; creates 627.3517.

Effective Date: 05/01/2002
Last Action: 5/1/2002 - Approved by Governor; Chapter No. 2002-221; See also CS/SB 1418 (Ch. 2002-240)
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
1/10/2002 Senate • Prefiled
1/24/2002 Senate • Introduced, referred to Banking and Insurance -SJ 00135
1/30/2002 Senate • On Committee agenda-- Banking and Insurance, 02/04/02, 2:30 pm, 110-S
2/4/2002 Senate • CS by- Banking and Insurance; YEAS 9 NAYS 0 -SJ 00200; CS read first time on 02/06/02 -SJ 00224
2/6/2002 Senate • Placed on Calendar, on second reading -SJ 00200
2/27/2002 Senate • Placed on Special Order Calendar -SJ 00346; Read second time -SJ 00344
2/28/2002 Senate • Read third time -SJ 00371; CS passed; YEAS 37 NAYS 0 -SJ 00371
3/6/2002 House • In Messages
3/11/2002 House • Received, placed on Calendar -HJ 00972
3/13/2002 House • Substituted for CS/HB 551 -HJ 01136; Read second time -HJ 01136
3/20/2002 House • Temporarily postponed, on Third Reading -HJ 02177
3/21/2002 House • Temporarily postponed, on Third Reading -HJ 02255
3/22/2002 House • Read third time -HJ 02780; Amendment(s) adopted -HJ 02780; CS passed as amended; YEAS 110 NAYS 0 -HJ 02780
3/22/2002 Senate • In returning messages; Concurred -SJ 02101; CS passed as amended; YEAS 33 NAYS 0 -SJ 02101; Ordered engrossed, then enrolled -SJ 02101
4/18/2002 • Signed by Officers and presented to Governor
5/1/2002 • Approved by Governor; Chapter No. 2002-221; See also CS/SB 1418 (Ch. 2002-240)