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The Florida Senate

SB 1598: Life Insurance Policies

GENERAL BILL by Baker

Life Insurance Policies; authorizes insurers to issue life insurance policies containing mandatory binding arbitration provision; authorizes such provisions to contain other dispute resolution provisions; requires insurers to provide applicants for policies containing said provision disclosure statement; specifies absence of prohibition against using alternative mandatory binding arbitration in certain insurance policies, etc. Creates 627.4141.

Effective Date: 07/01/2006
Last Action: 5/5/2006 Senate - Died in Committee on Banking and Insurance
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
1/25/2006 Senate • Filed
2/13/2006 Senate • Referred to Banking and Insurance; Judiciary
3/7/2006 Senate • Introduced, referred to Banking and Insurance; Judiciary -SJ 00133
4/13/2006 Senate • On Committee agenda-- Banking and Insurance, 04/20/06, 1:45 pm, 412-K --Temporarily postponed
4/20/2006 Senate • On Committee agenda-- Judiciary, 04/25/06, 1:45 pm, 401-S --Not received
5/5/2006 Senate • Died in Committee on Banking and Insurance