HB 1167: Viatical Settlements
GENERAL BILL by Legg
Viatical Settlements; Revises various provisions of law pertaining to viatical settlements relating to annual statements, increased administrative fines, life expectancy providers, disbursement disclosure requirements, fraudulent acts & prohibited practices, viatical settlement contracts, disclosure of marketing materials, criminal penalties, insurer notification requirements, insurer responsibilities under insurance transfer requests, etc.
Effective Date: 07/01/2009
Last Action: 5/2/2009 House - Indefinitely postponed and withdrawn from consideration; Died in Committee on Insurance, Business, & Financial Affairs Policy (GGPC)
Bill Text: Web Page | PDF
Last Action: 5/2/2009 House - Indefinitely postponed and withdrawn from consideration; Died in Committee on Insurance, Business, & Financial Affairs Policy (GGPC)
Bill Text: Web Page | PDF
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Bill History
Date Chamber Action 2/25/2009 House • Filed
3/3/2009 House • Introduced -HJ 00092
3/9/2009 House • Referred to Insurance, Business, & Financial Affairs Policy (GGPC); Civil Justice & Courts Policy (CCJP); General Government Policy Council; Government Operations Appropriations (CGHC) -HJ 00190
5/2/2009 House • Indefinitely postponed and withdrawn from consideration; Died in Committee on Insurance, Business, & Financial Affairs Policy (GGPC)
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HB 1167, Original Filed Version (Current Bill Version) Posted 2/26/2009 at 5:48 PM
Bill Text: Web Page | PDF Analyses: None Related Bills (3)
Bill Number Subject Filed By Relationship Last Action and Location S 1882 Viatical Settlements [CPSC] Fasano Similar Last Action: 4/14/2009 S Withdrawn from Banking and Insurance; Judiciary; General Government Appropriations -SJ 00337; Withdrawn from further consideration -SJ 00337
Location:H 1461 Viatical Settlements Hays Compare Last Action: 5/2/2009 H Indefinitely postponed and withdrawn from consideration; Died in Committee on Insurance, Business, & Financial Affairs Policy (GGPC)
Location:S 1924 Viatical Settlements [CPSC] Gaetz Compare Last Action: 5/2/2009 S Indefinitely postponed and withdrawn from consideration; Died in Committee on Banking and Insurance
Location:Citations - Statutes (13)
Citation Catchline Location in Bill Location In Bill Help 626.9911 Definitions. 626.9913 Viatical settlement provider license continuance; annual report; fees; deposit. 626.9914 Suspension, revocation, denial, or nonrenewal of viatical settlement provider license; grounds; administrative fine. 626.99175 Life expectancy providers; registration required; denial, suspension, revocation. 626.99185 626.9924 Viatical settlement contracts; procedures; rescission. 626.99245 Conflict of regulation of viaticals. 626.99273 626.99275 Prohibited practices; penalties. 626.99276 626.99278 Viatical provider anti-fraud plan. 626.99287 Contestability of viaticated policies. 626.99289