CS/HB 1273: Insurer Insolvency
GENERAL BILL by Insurance and Banking Subcommittee ; Grant, M.
Insurer Insolvency; Prohibits former officers & directors of insolvent insurers or HMOs from serving in such capacity under certain circumstances; revises requirements relating to risk-based capital reports; revises provisions relating to distribution of claims from insurer's estate; provides requirements relating to assessments for payment of certain claims under long-term care insurance policies; requires Florida Insurance Guaranty Association, Inc., to provide notice to certain entities within specified period; revises applicability of certain laws to HMOs.
Last Action: 5/5/2017 House - Died in Commerce Committee
Bill Text: PDF
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Bill History
Date Chamber Action 3/5/2017 House • Filed
3/7/2017 House • Introduced -HJ 132
3/10/2017 House • Referred to Insurance and Banking Subcommittee; Government Operations and Technology Appropriations Subcommittee; Commerce Committee -HJ 350
3/23/2017 House • PCS on Committee agenda-- Insurance and Banking Subcommittee, 03/27/17, 12:30 pm, Sumner Hall
3/27/2017 House • CS by Insurance and Banking Subcommittee; YEAS 13 NAYS 0 -HJ 464
3/29/2017 House • Pending review of CS under Rule 7.18(c)
• CS by Insurance and Banking Subcommittee read 1st time -HJ 487
3/30/2017 House • Original reference(s) removed: Government Operations and Technology Appropriations Subcommittee
• CS referred to Commerce Committee -HJ 519
• Now in Commerce Committee -HJ 519
5/5/2017 House • Indefinitely postponed and withdrawn from consideration
• Died in Commerce Committee
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CS/HB 1273, Committee Substitute 1 (Current Bill Version) Posted 3/29/2017 at 1:06 PM
Bill Text: PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 1242 Insurer Solvency Brandes Compare Last Action: 5/5/2017 S Died in Banking and Insurance 
Citations - Statutes (5)
Citation Catchline Location in Bill Location In Bill Help 624.4073 Officers and directors of insolvent insurers. Page 2 (pdf) 624.4085 Risk-based capital requirements for insurers. Page 3 (pdf) 631.271 Priority of claims. Page 10 (pdf) 631.718 Assessments. Page 12 (pdf) 641.201 Applicability of other laws. Page 14 (pdf) -
HB 1273, Original Filed Version Posted 3/5/2017 at 4:04 PM
Bill Text: PDF Analyses: Insurance and Banking Subcommittee (Post-Meeting) 3/27/2017 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 1242 Insurer Solvency Brandes Similar Last Action: 5/5/2017 S Died in Banking and Insurance
Citations - Statutes (6)
Citation Catchline Location in Bill Location In Bill Help 624.4085 Risk-based capital requirements for insurers. Page 2 (pdf) 631.271 Priority of claims. Page 9 (pdf) 631.717 Powers and duties of the association. Page 10 (pdf) 631.718 Assessments. Page 11 (pdf) 641.201 Applicability of other laws. Page 13 (pdf) 641.222 Page 14 (pdf)