CS/SB 2588: Insurance
GENERAL BILL by Banking and Insurance ; Diaz de la Portilla
Insurance; deletes resident agent requirement for certain property, casualty, & surety insurers; provides requirements for licensure of nonresident surplus lines agents; limits types of business that may be transacted by personal lines agents; authorizes certain domiciliary courts to exercise exclusive jurisdiction over certain persons; voids certain contractual arbitration provisions by insurers in receivership, etc. Amends FS.
Last Action: 6/24/2004 - Approved by Governor; Chapter No. 2004-374; See also HB 639 (Ch. 2004-89), CS/CS/SB 2038 (Ch. 2004-370), CS/CS/SB 2994 (Ch. 2004-390)
Bill Text: Web Page | PDF
-
Bill History
Date Chamber Action 3/2/2004 Senate • Filed
3/16/2004 Senate • Introduced, referred to Banking and Insurance; Finance and Taxation -SJ 00303
3/19/2004 Senate • On Committee agenda-- Banking and Insurance, 03/24/04, 1:00 pm, 110-S
3/24/2004 Senate • CS by Banking and Insurance; YEAS 11 NAYS 0 -SJ 00439; CS read first time on 03/31/04 -SJ 00456
3/26/2004 Senate • Now in Finance and Taxation -SJ 00439
3/29/2004 Senate • On Committee agenda-- Finance and Taxation, 04/01/04, 8:30 am, 37-S
4/1/2004 Senate • Favorable by- Finance and Taxation; YEAS 5 NAYS 0 -SJ 00489; Placed on Calendar, on second reading -SJ 00489
4/14/2004 Senate • Placed on Special Order Calendar -SJ 00581; Read second time -SJ 00569; Amendment(s) adopted -SJ 00569; Ordered engrossed -SJ 00569
4/15/2004 Senate • Read third time -SJ 00627; CS passed as amended; YEAS 40 NAYS 0 -SJ 00627
4/16/2004 House • In Messages
4/20/2004 House • Received, placed on Calendar -HJ 00600
4/22/2004 House • Substituted for HB 1779 -HJ 00665; Read second time -HJ 00665; Amendment(s) adopted -HJ 00666
4/23/2004 House • Read third time -HJ 00759; CS passed as amended; YEAS 117 NAYS 0 -HJ 00759; Reconsidered -HJ 00760; Amendment(s) reconsidered, adopted as amended -HJ 00760; Pending roll call -HJ 00761
4/26/2004 House • CS passed as amended; YEAS 116 NAYS 1 -HJ 00790
4/27/2004 Senate • In returning messages
4/29/2004 Senate • Was taken up -SJ 01346; Concurred -SJ 01352; CS passed as amended; YEAS 39 NAYS 0 -SJ 01352; Ordered engrossed, then enrolled -SJ 01352
6/16/2004 • Signed by Officers and presented to Governor
6/24/2004 • Approved by Governor; Chapter No. 2004-374; See also HB 639 (Ch. 2004-89), CS/CS/SB 2038 (Ch. 2004-370), CS/CS/SB 2994 (Ch. 2004-390)
-
CS/SB 2588, Enrolled (Current Bill Version) Posted 5/2/2004 at 1:08 PM
Bill Text: Web Page | PDF Analyses: None Related Bills (15)
Bill Number Subject Filed By Relationship Last Action and 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 617 Kilmer Compare Last Action: 4/30/2004 H Died in Committee on Appropriations, Link/Iden/Sim/Compare passed, refer to CS/SB 2588 (Ch. 2004-374)
Location:H 639 (e1) Fields Compare Last Action: 5/21/2004 Approved by Governor; Chapter No. 2004-89; See also CS/SB 2588 (Ch. 2004-374)
Location:H 1433 (e1) Warranty Associations Domino Compare Last Action: 4/30/2004 H Died in returning Messages, Link/Iden/Sim/Compare passed, refer to CS/SB 2588 (Ch. 2004-374)
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:H 1779 Insurance Agents Insurance Compare Last Action: 4/22/2004 H Placed on Special Order Calendar; Substituted CS/SB 2588; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/SB 2588 (Ch. 2004-374) -HJ 00665
Location:S 1708 (c2) Economic Stimulus Saunders Compare Last Action: 4/30/2004 S Died in Committee on Appropriations Subcommittee on Transportation and Economic Development, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 1358 (Ch. 2004-324), CS/SB 2588 (Ch. 2004-374)
Location:S 1848 (e1) Warranty Associations Bennett Compare Last Action: 3/31/2004 S Read third time -SJ 00415; Amendment(s) adopted -SJ 00415; CS passed as amended; YEAS 36 NAYS 0 -SJ 00415; Reconsidered -SJ 00432; Substituted HB 1433 (Died in House Returning Messages) -SJ 00432; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/SB 2588 (Ch. 2004-374)
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 2070 (c1) Workers' Comp. Insurance Assn. Diaz de la Portilla Compare Last Action: 4/28/2004 S Placed on Consent Calendar -SJ 01338; Substituted HB 639 -SJ 01263; Laid on Table, Link/Iden/Sim/Compare passed, refer to HB 639 (Ch. 2004-89), CS/SB 2588 (Ch. 2004-374)
Location:S 2270 (e2) Workers' Compensation Banking and Insurance Compare Last Action: 4/30/2004 S In returning messages; Reconsidered -SJ 01446; Substituted HB 1251 -SJ 01447; Laid on Table, Link/Iden/Sim/Compare passed, refer to HB 1251 (Ch. 2004-266), HB 1307 (Ch. 2004-64), CS/CS/SB 2038 (Ch. 2004-370), CS/SB 2588 (Ch. 2004-374), CS/CS/SB 2994 (Ch. 2004-390)
Location:S 2366 Service Warranty Associations Dockery Compare Last Action: 3/18/2004 S Withdrawn from Banking and Insurance; Commerce, Economic Opportunities, and Consumer Services -SJ 00351; Withdrawn from further cons., Link/Iden/Sim/Compare passed, refer to CS/SB 2588 (Ch. 2004-374) -SJ 00351
Location:S 2800 (c2) Insurance Agents & Agencies Argenziano Compare Last Action: 4/30/2004 S Died on Calendar, 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 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 (43)
Citation Catchline Location in Bill Location In Bill Help 624.425 Resident agent and countersignature required, property, casualty, surety insurance. 624.426 Exceptions to resident agent and countersignature law. 624.428 Licensed agent law, life and health insurances. 626.015 Definitions. 626.022 Scope of part. 626.025 Consumer protections. 626.241 Scope of examination. 626.2815 Continuing education required; application; exceptions; requirements; penalties. 626.311 Scope of license. 626.321 Limited licenses. 626.641 Duration of suspension or revocation. 626.727 Scope of this part. 626.732 Requirement as to knowledge, experience, or instruction. 626.741 Nonresident agents; licensing and restrictions. 626.747 Branch agencies. 626.752 Exchange of business. 626.753 Sharing commissions; penalty. 626.792 Nonresident agents; licensing and restrictions. 626.835 Nonresident agents; licensing and restrictions. 626.9272 626.929 Origination, acceptance, placement of surplus lines business. 626.930 Records of surplus lines agent. 626.933 Collection of tax and service fee. 626.935 Suspension, revocation, or refusal of surplus lines agent's license. 627.0915 Rate filings; workers' compensation, drug-free workplace, and safe employers. 627.351 Insurance risk apportionment plans. 627.4133 Notice of cancellation, nonrenewal, or renewal premium. 628.709 Formation of a mutual insurance holding company. 631.021 Jurisdiction of delinquency proceeding; venue; change of venue; exclusiveness of remedy; appeal. 631.041 Automatic stay; relief from stay; injunctions. 631.0515 Appointment of receiver; insurance holding company. 631.141 Conduct of delinquency proceeding; domestic and alien insurers. 631.205 Reinsurance proceeds. 631.206 631.261 Voidable transfers. 631.262 Transfers prior to petition. 631.263 Transfers after petition. 631.54 Definitions. 631.904 Definitions. 634.1815 634.3205 634.406 Financial requirements. 634.4225 -
CS/SB 2588, Engrossed 2 Posted 4/30/2004 at 1:15 PM
Bill Text: Web Page | PDF Analyses: None Citations - Statutes (43)
Citation Catchline Location in Bill Location In Bill Help 624.425 Resident agent and countersignature required, property, casualty, surety insurance. 624.426 Exceptions to resident agent and countersignature law. 624.428 Licensed agent law, life and health insurances. 626.015 Definitions. 626.022 Scope of part. 626.025 Consumer protections. 626.241 Scope of examination. 626.2815 Continuing education required; application; exceptions; requirements; penalties. 626.311 Scope of license. 626.321 Limited licenses. 626.641 Duration of suspension or revocation. 626.727 Scope of this part. 626.732 Requirement as to knowledge, experience, or instruction. 626.741 Nonresident agents; licensing and restrictions. 626.747 Branch agencies. 626.752 Exchange of business. 626.753 Sharing commissions; penalty. 626.792 Nonresident agents; licensing and restrictions. 626.835 Nonresident agents; licensing and restrictions. 626.9272 626.929 Origination, acceptance, placement of surplus lines business. 626.930 Records of surplus lines agent. 626.933 Collection of tax and service fee. 626.935 Suspension, revocation, or refusal of surplus lines agent's license. 627.0915 Rate filings; workers' compensation, drug-free workplace, and safe employers. 627.351 Insurance risk apportionment plans. 627.4133 Notice of cancellation, nonrenewal, or renewal premium. 628.709 Formation of a mutual insurance holding company. 631.021 Jurisdiction of delinquency proceeding; venue; change of venue; exclusiveness of remedy; appeal. 631.041 Automatic stay; relief from stay; injunctions. 631.0515 Appointment of receiver; insurance holding company. 631.141 Conduct of delinquency proceeding; domestic and alien insurers. 631.205 Reinsurance proceeds. 631.206 631.261 Voidable transfers. 631.262 Transfers prior to petition. 631.263 Transfers after petition. 631.54 Definitions. 631.904 Definitions. 634.1815 634.3205 634.406 Financial requirements. 634.4225 -
CS/SB 2588, Engrossed 1 Posted 4/14/2004 at 1:45 PM
Bill Text: Web Page | PDF Analyses: None Floor Amendments (14)
Amendment Sponsor Filed Last Floor Action Format 467323 - Amendment
Berfield 4/22/2004
7:43 AMWeb Page
PDF078345 - Amendment to Amendment (467323)
Berfield 4/22/2004
9:00 AMWeb Page
PDF004301 - Amendment to Amendment (467323)
Berfield 4/22/2004
9:48 AMWeb Page
PDF585359 - Amendment to Amendment (467323)
Berfield 4/22/2004
10:37 AMWeb Page
PDF606941 - Amendment to Amendment (467323)
Berfield 4/23/2004
12:10 PMWeb Page
PDF021907 - Amendment to Amendment (467323)
Berfield 4/23/2004
12:12 PMWeb Page
PDF910789 - Amendment to Amendment (467323)
Clarke 4/23/2004
12:13 PMWeb Page
PDF677769 - Amendment to Amendment (467323)
Berfield 4/23/2004
12:17 PMWeb Page
PDF653109 - Amendment to Amendment (467323)
Clarke 4/23/2004
12:19 PMWeb Page
PDF595447 - Amendment to Amendment (467323)
Berfield 4/23/2004
12:22 PMWeb Page
PDF617253 - Substitute Amendment (595447)
Berfield 4/23/2004
5:36 PMWeb Page
PDF041554 - S Amend. to H Amend. (467323)
Alexander 4/27/2004
7:59 PMWeb Page
PDF184760 - S Amend. to H Amend. (467323)
Alexander 4/27/2004
8:00 PMWeb Page
PDF880001 - Amendment
Patterson 4/23/2004
12:14 PMWeb Page
PDFFloor Votes (4)
Date Chamber Result 4/15/2004 3:27 PM Senate 40 Yeas - 0 Nays 4/23/2004 6:15 PM House 72 Yeas - 39 Nays 4/26/2004 3:02 PM House 116 Yeas - 1 Nays 4/29/2004 11:44 AM Senate 39 Yeas - 0 Nays Citations - Statutes (16)
Citation Catchline Location in Bill Location In Bill Help 624.425 Resident agent and countersignature required, property, casualty, surety insurance. 624.426 Exceptions to resident agent and countersignature law. 624.428 Licensed agent law, life and health insurances. 626.025 Consumer protections. 626.321 Limited licenses. 626.741 Nonresident agents; licensing and restrictions. 626.752 Exchange of business. 626.753 Sharing commissions; penalty. 626.792 Nonresident agents; licensing and restrictions. 626.835 Nonresident agents; licensing and restrictions. 626.9272 626.929 Origination, acceptance, placement of surplus lines business. 626.930 Records of surplus lines agent. 626.933 Collection of tax and service fee. 626.935 Suspension, revocation, or refusal of surplus lines agent's license. 627.351 Insurance risk apportionment plans. -
CS/SB 2588, Committee Substitute 1 Posted 3/26/2004 at 3:17 PM
Bill Text: Web Page | PDF Analyses: Banking and Insurance (Post-Meeting) 3/26/2004 (pdf)
Finance and Taxation (Post-Meeting) 3/31/2004 (pdf)
House Message Summary (pdf)
Floor Amendments (4)
Amendment Sponsor Filed Last Floor Action Format 311092 - Amendment
Diaz de la Portilla 4/13/2004
4:53 PMWeb Page
PDF752254 - Amendment
Argenziano 4/13/2004
5:02 PMWeb Page
PDF700516 - Substitute Amendment (752254)
Argenziano 4/13/2004
6:08 PMWeb Page
PDF422006 - Amendment to Substitute Amendment (700516)
Argenziano 4/14/2004
10:10 AMWeb Page
PDFCommittee Votes (1)
Date Committee Result 4/1/2004 8:30 AM Finance and Taxation 5 Yeas - 0 Nays Citations - Statutes (16)
Citation Catchline Location in Bill Location In Bill Help 624.425 Resident agent and countersignature required, property, casualty, surety insurance. 624.426 Exceptions to resident agent and countersignature law. 624.428 Licensed agent law, life and health insurances. 626.025 Consumer protections. 626.321 Limited licenses. 626.741 Nonresident agents; licensing and restrictions. 626.752 Exchange of business. 626.753 Sharing commissions; penalty. 626.792 Nonresident agents; licensing and restrictions. 626.835 Nonresident agents; licensing and restrictions. 626.9272 626.929 Origination, acceptance, placement of surplus lines business. 626.930 Records of surplus lines agent. 626.933 Collection of tax and service fee. 626.935 Suspension, revocation, or refusal of surplus lines agent's license. 627.351 Insurance risk apportionment plans. -
SB 2588, Original Filed Version Posted 3/3/2004 at 1:20 PM
Bill Text: Web Page | PDF Analyses: None Committee Votes (1)
Date Committee Result 3/24/2004 1:00 PM Banking and Insurance 11 Yeas - 0 Nays Citations - Statutes (14)
Citation Catchline Location in Bill Location In Bill Help 624.425 Resident agent and countersignature required, property, casualty, surety insurance. 624.426 Exceptions to resident agent and countersignature law. 626.025 Consumer protections. 626.321 Limited licenses. 626.741 Nonresident agents; licensing and restrictions. 626.752 Exchange of business. 626.753 Sharing commissions; penalty. 626.792 Nonresident agents; licensing and restrictions. 626.835 Nonresident agents; licensing and restrictions. 626.9272 626.929 Origination, acceptance, placement of surplus lines business. 626.930 Records of surplus lines agent. 626.935 Suspension, revocation, or refusal of surplus lines agent's license. 627.351 Insurance risk apportionment plans.