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The Florida Senate

SB 1804: Solvency of Insurers

GENERAL BILL by Banking and Insurance

Solvency of Insurers; revises requirements for periodic examination of insurers by Insurance Regulation Office of Financial Services Commission; increases period between examinations for insurers that maintain risk-based capital level of specified percentage; requires property insurers to maintain surplus & reinsurance adequate to cover 100-year probable maximum loss from hurricanes, etc. Amends 624.316,.424, 628.801; creates 624.4087.

Effective Date: 01/01/2006
Last Action: 5/6/2005 Senate - Died in Committee on Banking and Insurance
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    2/23/2005 Senate SPB 7058 submitted as a committee bill (SB 1804) by Banking and Insurance
    2/24/2005 Senate • Filed
    3/14/2005 Senate • Introduced, referred to Banking and Insurance -SJ 00182
    5/6/2005 Senate • Died in Committee on Banking and Insurance

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  • SB 1804, Original Filed Version (Current Bill Version) Posted 2/24/2005 at 12:49 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Citations - Statutes (4)

    Citation Catchline Location in Bill Location In Bill Help
    624.316 Examination of insurers.
    624.4087
    624.424 Annual statement and other information.
    628.801 Insurance holding companies; registration; regulation.

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