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HB 1265: Insurance Regulation

GENERAL BILL by Llorente ; (CO-INTRODUCERS) Rivera ; Zapata

Insurance Regulation; increase time period for required insurer examinations by Financial Services Dept; deletes provisions authorizing dept. to accept certain accountant audit reports in lieu of examinations; authorizes office to examine certain insurers for compliance with certain federal laws; requires certain parent companies to maintain certain premium to surplus ratios, etc. Amends FS.

Effective Date: 10/01/2004 except as otherwise provided
 Last Action: 4/30/2004 House - Died in Committee on Insurance Regulation (IN), Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2038 (Ch. 2004-370), CS/CS/SB 2994 (Ch. 2004-390)
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    2/23/2004 House • Prefiled
    3/2/2004 House • Introduced -HJ 00098
    3/4/2004 House • Referred to Insurance Regulation (IN); Insurance; Finance & Tax; Commerce & Local Affairs Appropriations (AP); Appropriations -HJ 00216
    4/30/2004 House • Died in Committee on Insurance Regulation (IN), Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2038 (Ch. 2004-370), CS/CS/SB 2994 (Ch. 2004-390)

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  • HB 1265, Original Filed Version (Current Bill Version) Posted 2/23/2004 at 4:54 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (6)

    Bill Number Subject Filed By Relationship Last Action and Location
    S 2972 Insurance Alexander Similar Last Action: 4/30/2004 S Died in Committee on Banking and Insurance, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2038 (Ch. 2004-370), CS/CS/SB 2994 (Ch. 2004-390)
    Location:
    H 557 Rivera Compare Last Action: 4/28/2004 H Withdrawn from Appropriations -HJ 00879; Placed on Calendar -HJ 00879; Placed on Special Order Calendar -HJ 00863; Substituted CS/CS/SB 2038; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2038 (Ch. 2004-370), CS/SB 2588 (Ch. 2004-374), CS/CS/SB 2994 (Ch. 2004-390) -HJ 00976
    Location:
    H 1687 Bogdanoff Compare Last Action: 4/30/2004 H Died in Committee on Judiciary, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2038 (Ch. 2004-370), CS/SB 2588 (Ch. 2004-374), CS/CS/SB 2994 (Ch. 2004-390)
    Location:
    S 2038 (e2) Fasano Compare Last Action: 6/24/2004 Approved by Governor; Chapter No. 2004-370; See also CS/SB 2588 (Ch. 2004-374), CS/CS/SB 2994 (Ch. 2004-390)
    Location:
    S 2994 (e2) Posey Compare Last Action: 7/1/2004 Approved by Governor; Chapter No. 2004-390; See also CS/CS/SB 2038 (Ch. 2004-370), CS/SB 2588 (Ch. 2004-374), CS/SB 2960 (Ch. 2004-340)
    Location:
    S 3024 (c1) Insurers Smith Compare Last Action: 4/30/2004 S Died in Committee on Judiciary, Link/Iden/Sim/Compare passed, refer to CS/SB 1062 (Ch. 2004-298), CS/CS/SB 2038 (Ch. 2004-370), CS/SB 2588 (Ch. 2004-374), CS/CS/SB 2994 (Ch. 2004-390)
    Location:

    Citations - Statutes (48)

    Citation Catchline Location in Bill Location In Bill Help
    624.316 Examination of insurers.
    624.319 Examination and investigation reports.
    624.4045
    624.4095 Premiums written; restrictions.
    624.413 Application for certificate of authority.
    624.418 Suspension, revocation of certificate of authority for violations and special grounds.
    624.424 Annual statement and other information.
    624.4622 Local government self-insurance funds.
    624.4685
    624.610 Reinsurance.
    625.121 Standard Valuation Law; life insurance.
    625.131 Credit life and disability policies, special reserve bases.
    625.304 Authorization of investment.
    625.326 Foreign investments.
    626.88 Definitions of "administrator" and "insurer".
    626.8805 Certificate of authority to act as administrator.
    626.8817 Responsibilities of insurance company with respect to administration of coverage insured.
    626.89 Annual financial statement and filing fee; notice of change of ownership.
    626.901 Representing or aiding unauthorized insurer prohibited.
    626.902 Penalty for representing unauthorized insurer.
    626.9913 Viatical settlement provider license continuance; annual report; fees; deposit.
    627.0646
    627.351 Insurance risk apportionment plans.
    627.476 Standard Nonforfeiture Law for Life Insurance.
    627.836 Licensee's books and records; reports.
    627.8401
    627.915 Insurer experience reporting.
    627.943 Risk retention groups certified in Florida.
    628.071 Granting, denial of permit.
    628.072
    628.371 Dividends to stockholders.
    628.461 Acquisition of controlling stock.
    628.4615 Specialty insurers; acquisition of controlling stock, ownership interest, assets, or control; merger or consolidation.
    628.709 Formation of a mutual insurance holding company.
    634.042
    634.3076
    634.4062
    636.043 Annual, quarterly, and miscellaneous reports.
    641.22 Issuance of certificate of authority.
    641.23 Revocation or cancellation of certificate of authority; suspension of enrollment of new subscribers; terms of suspension.
    641.27 Examination by the department.
    641.30 Construction and relationship to other laws.
    641.409 Insolvency protection.
    651.026 Annual reports.
    651.0261 Quarterly statements.
    651.0265
    651.033 Escrow accounts.
    766.105 Florida Patient's Compensation Fund.

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