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CS/SB 2196: Insurance Payments/Escrow Accounts

GENERAL BILL by Banking and Insurance ; Geller

Insurance Payments/Escrow Accounts; requires insurer to reinstate, under certain circumstances, insurance policy that is cancelled due to failure of lender to pay premium for which sufficient escrow funds are on deposit; requires that lender reimburse property owner for any penalties or fees paid for purposes of reinstating policy; requires property insurers to reinstate canceled policy as required by specified provision, etc. Amends 501.137, 627.4133.

Effective Date: 07/01/2004
Last Action: 4/30/2004 House - Died on Calendar, 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



Bill History

Date Chamber Action
2/18/2004 Senate • Prefiled
3/3/2004 Senate • Introduced, referred to Banking and Insurance; Judiciary -SJ 00195
3/12/2004 Senate • On Committee agenda-- Banking and Insurance, 03/17/04, 2:30 pm, 110-S
3/17/2004 Senate • CS by Banking and Insurance; YEAS 12 NAYS 0 -SJ 00379; CS read first time on 03/24/04 -SJ 00384
3/19/2004 Senate • Now in Judiciary -SJ 00379
4/14/2004 Senate • On Committee agenda-- Judiciary, 04/19/04, 11:30 am, 110-S
4/19/2004 Senate • Favorable by- Judiciary; YEAS 7 NAYS 0 -SJ 00698; Placed on Calendar, on second reading -SJ 00698
4/22/2004 Senate • Placed on Special Order Calendar -SJ 00748; Read second time -SJ 00744
4/23/2004 Senate • Read third time -SJ 00762; CS passed; YEAS 38 NAYS 0 -SJ 00762
4/24/2004 House • In Messages
4/28/2004 House • Received, placed on Calendar -HJ 00847; Substituted for HB 1297 -HJ 00930; Read second time -HJ 00930
4/30/2004 House • Died on Calendar, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2038 (Ch. 2004-370), CS/CS/SB 2994 (Ch. 2004-390)