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CS/HB 359: Regulation of Insurance Companies

GENERAL BILL by Commerce Committee ; Santiago

Regulation of Insurance Companies; Providing that a specified property information report, rather than a specified certification by an abstractor or a title company, may be submitted as part of certain information required in relation to the plat or replat of a subdivision; deleting a future repeal of an exemption of medical malpractice insurance premiums from certain emergency assessments by the State Board of Administration relating to the Florida Hurricane Catastrophe Fund; specifying the minimum surplus as to policyholders for insurers that only transact in specified forms of residential property insurance, etc.

Effective Date: 6/23/2017
 Last Action: 6/26/2017 - Chapter No. 2017-132
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    1/23/2017 House • Filed
    2/6/2017 House • Referred to Insurance and Banking Subcommittee; Commerce Committee -HJ 55
    3/7/2017 House • Introduced -HJ 55
    3/16/2017 House • On Committee agenda-- Insurance and Banking Subcommittee, 03/20/17, 12:00 pm, Sumner Hall
    3/20/2017 House • Favorable by Insurance and Banking Subcommittee; YEAS 13 NAYS 0 -HJ 396
    • Now in Commerce Committee -HJ 396
    4/4/2017 House • On Committee agenda-- Commerce Committee, 04/06/17, 1:30 pm, Webster Hall
    4/6/2017 House • CS by- Commerce Committee; YEAS 20 NAYS 0 -HJ 616
    4/11/2017 House • Pending review of CS -under Rule 7.18(c)
    • CS by Commerce Committee read 1st time -HJ 612
    4/12/2017 House • Placed on Calendar -HJ 632
    4/20/2017 House • Placed on Special Order Calendar, 04/25/17
    4/25/2017 House • Read 2nd time -HJ 831
    • Amendment(s) adopted (464919) -HJ 831
    • Placed on 3rd reading
    4/26/2017 House • Read 3rd time -HJ 872
    • CS passed as amended; YEAS 117 NAYS 0 -HJ 873
    4/26/2017 Senate • In Messages
    4/30/2017 Senate • Referred to Banking and Insurance; Appropriations Subcommittee on General Government; Appropriations; Rules -SJ 604
    5/1/2017 Senate • Received -SJ 604
    5/4/2017 Senate • Withdrawn from Banking and Insurance; Appropriations Subcommittee on General Government; Appropriations; Rules -SJ 863
    • Placed on Calendar, on 2nd reading -SJ 863
    • Substituted for CS/CS/SB 454 -SJ 863
    • Read 2nd time -SJ 863
    • Amendment(s) adopted (476744) -SJ 864
    • Placed on 3rd reading
    5/5/2017 Senate • Read 3rd time -SJ 906
    • CS passed as amended; YEAS 37 NAYS 0 -SJ 907
    5/5/2017 House • In returning messages
    • Concurred in 1 amendment(s) (476744) -HJ 1222, 1226
    • CS passed as amended; YEAS 117 NAYS 0 -HJ 1226
    • Ordered engrossed, then enrolled -HJ 1226
    6/14/2017 • Signed by Officers and presented to Governor
    6/23/2017 • Approved by Governor
    6/26/2017 • Chapter No. 2017-132

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  • CS/HB 359, Enrolled (Current Bill Version) Posted 5/15/2017 at 10:36 AM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 454 (c2) Regulation of Insurance Companies Brandes Similar Last Action: 5/4/2017 S Laid on Table, companion bill(s) passed, see CS/HB 359 (Ch. 2017-132) -SJ 863 Track This Bill
    H 1259 Property Information Reports Leek Compare Last Action: 3/6/2017 H Withdrawn prior to introduction, companion bill(s) passed, see CS/HB 359 (Ch. 2017-132) -HJ 131 Track This Bill

    Citations - Statutes (14)

    Citation Catchline Location in Bill Location In Bill Help
    177.041 Boundary survey and title certification required. Page 3 (pdf)
    177.091 Plats made for recording. Page 3 (pdf)
    197.502 Application for obtaining tax deed by holder of tax sale certificate; fees. Page 4 (pdf)
    215.555 Florida Hurricane Catastrophe Fund. Page 5 (pdf)
    624.407 Surplus required; new insurers. Page 10 (pdf)
    624.408 Surplus required; current insurers. Page 12 (pdf)
    624.424 Annual statement and other information. Page 13 (pdf)
    625.012 “Assets” defined. Page 14 (pdf)
    627.062 Rate standards. Page 15 (pdf)
    627.0645 Annual filings. Page 15 (pdf)
    627.4035 Cash payment of premiums; claims. Page 16 (pdf)
    627.421 Delivery of policy. Page 19 (pdf)
    627.7295 Motor vehicle insurance contracts. Page 19 (pdf)
    627.7843 Ownership and encumbrance reports. Page 19 (pdf)

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  • CS/HB 359, Engrossed 2 Posted 5/11/2017 at 2:57 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 454 (c2) Regulation of Insurance Companies Brandes Similar Last Action: 5/4/2017 S Laid on Table, companion bill(s) passed, see CS/HB 359 (Ch. 2017-132) -SJ 863 Track This Bill
    H 1259 Property Information Reports Leek Compare Last Action: 3/6/2017 H Withdrawn prior to introduction, companion bill(s) passed, see CS/HB 359 (Ch. 2017-132) -HJ 131 Track This Bill

    Citations - Statutes (14)

    Citation Catchline Location in Bill Location In Bill Help
    177.041 Boundary survey and title certification required. Page 3 (pdf)
    177.091 Plats made for recording. Page 3 (pdf)
    197.502 Application for obtaining tax deed by holder of tax sale certificate; fees. Page 4 (pdf)
    215.555 Florida Hurricane Catastrophe Fund. Page 5 (pdf)
    624.407 Surplus required; new insurers. Page 10 (pdf)
    624.408 Surplus required; current insurers. Page 12 (pdf)
    624.424 Annual statement and other information. Page 13 (pdf)
    625.012 “Assets” defined. Page 14 (pdf)
    627.062 Rate standards. Page 15 (pdf)
    627.0645 Annual filings. Page 15 (pdf)
    627.4035 Cash payment of premiums; claims. Page 16 (pdf)
    627.421 Delivery of policy. Page 19 (pdf)
    627.7295 Motor vehicle insurance contracts. Page 19 (pdf)
    627.7843 Ownership and encumbrance reports. Page 19 (pdf)

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  • CS/HB 359, Engrossed 1 Posted 4/25/2017 at 4:48 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 454 (c2) Regulation of Insurance Companies Brandes Compare Last Action: 5/4/2017 S Laid on Table, companion bill(s) passed, see CS/HB 359 (Ch. 2017-132) -SJ 863 Track This Bill

    Floor Amendments (7)

    Amendment Sponsor Filed Last Floor Action Format
    505904 - Amendment (Delete All)
    Delete everything after the enacting clause and insert:     		Brandes 5/3/2017
    7:53 PM     		Senate: Replaced by Engrossed Amendment
    5/4/2017     		Web Page
    PDF
    hierarchy 690042 - Amendment to Amendment (505904)
    Delete lines 191 - 222 and insert:     		Brandes 5/4/2017
    11:30 AM     		Senate: Replaced by Engrossed Amendment
    5/4/2017     		Web Page
    PDF
    hierarchy 386974 - Amendment to Amendment (505904)
    Between lines 426 and 427 insert:     		Bean 5/4/2017
    11:05 AM     		Senate: Withdrawn
    5/4/2017     		Web Page
    PDF
    hierarchy 678318 - Amendment to Amendment (505904)
    Between lines 426 and 427 insert:     		Bean 5/4/2017
    2:04 PM     		Senate: Withdrawn
    5/4/2017     		Web Page
    PDF
    hierarchy 681156 - Substitute Amendment (Delete All) (505904)
    Delete everything after the enacting clause and insert:     		Brandes 5/4/2017
    9:44 AM     		Senate: Withdrawn
    5/4/2017     		Web Page
    PDF
    229518 - Amendment (Delete All)
    Delete everything after the enacting clause and insert:     		Farmer 5/4/2017
    8:37 PM     		Senate: Withdrawn
    5/5/2017     		Web Page
    PDF
    476744 - Amendment (Delete All)
    Delete everything after the enacting clause and insert:     		Brandes 5/4/2017
    10:04 PM     		House: Concur
    5/5/2017     		Web Page
    PDF

    Floor Votes (3)

    Date Chamber Result
    4/26/2017 2:08 PM House 117 Yeas - 0 Nays
    5/5/2017 1:18 PM Senate 37 Yeas - 0 Nays
    5/5/2017 8:07 PM House 117 Yeas - 0 Nays

    Citations - Statutes (8)

    Citation Catchline Location in Bill Location In Bill Help
    215.555 Florida Hurricane Catastrophe Fund. Page 2 (pdf)
    625.012 “Assets” defined. Page 7 (pdf)
    627.062 Rate standards. Page 8 (pdf)
    627.0645 Annual filings. Page 8 (pdf)
    627.4035 Cash payment of premiums; claims. Page 9 (pdf)
    627.421 Delivery of policy. Page 10 (pdf)
    627.7295 Motor vehicle insurance contracts. Page 10 (pdf)
    627.747 Page 11 (pdf)

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  • CS/HB 359, Committee Substitute 1 Posted 4/11/2017 at 1:07 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 454 (c2) Regulation of Insurance Companies Brandes Compare Last Action: 5/4/2017 S Laid on Table, companion bill(s) passed, see CS/HB 359 (Ch. 2017-132) -SJ 863 Track This Bill

    Floor Amendments (11)

    Amendment Sponsor Filed Last Floor Action Format
    284287 - Amendment
    Between lines 152 and 153, insert:     		Santiago 4/21/2017
    12:08 PM     		House: Withdrawn
    4/25/2017     		PDF
    831285 - Amendment
    Between lines 152 and 153, insert:     		Santiago 4/21/2017
    1:02 PM     		House: Withdrawn
    4/25/2017     		PDF
    014385 - Amendment
    Between lines 178 and 179, insert:     		Santiago 4/21/2017
    3:10 PM     		House: Withdrawn
    4/25/2017     		PDF
    053219 - Amendment
    Between lines 178 and 179, insert:     		Slosberg 4/21/2017
    3:31 PM     		House: Withdrawn
    4/25/2017     		PDF
    hierarchy 705189 - Amendment to Amendment (053219)
    Remove line 15 of the amendment and insert:     		Slosberg 4/21/2017
    4:42 PM     		House: Withdrawn
    4/25/2017     		PDF
    266373 - Amendment
    Remove lines 257-282     		Santiago 4/21/2017
    3:08 PM     		House: Withdrawn
    4/25/2017     		PDF
    292985 - Amendment
    Remove lines 262-263 and insert:     		Santiago 4/21/2017
    9:38 AM     		House: Superseded by Substitute
    4/25/2017     		PDF
    hierarchy 464919 - Substitute Amendment (292985)
    Remove lines 262-266 and insert:     		Santiago 4/21/2017
    4:05 PM     		House: Adopted
    4/25/2017     		PDF
    593387 - Amendment
    Between lines 282 and 283, insert:     		Santiago 4/21/2017
    9:38 AM     		House: Withdrawn
    4/25/2017     		PDF
    485585 - Amendment
    Between lines 282 and 283, insert:     		Santiago 4/21/2017
    12:09 PM     		House: Withdrawn
    4/25/2017     		PDF
    985127 - Amendment
    Between lines 282 and 283, insert:     		Santiago 4/21/2017
    1:02 PM     		House: Withdrawn
    4/25/2017     		PDF

    Citations - Statutes (8)

    Citation Catchline Location in Bill Location In Bill Help
    215.555 Florida Hurricane Catastrophe Fund. Page 2 (pdf)
    625.012 “Assets” defined. Page 7 (pdf)
    627.062 Rate standards. Page 8 (pdf)
    627.0645 Annual filings. Page 8 (pdf)
    627.4035 Cash payment of premiums; claims. Page 9 (pdf)
    627.421 Delivery of policy. Page 10 (pdf)
    627.7295 Motor vehicle insurance contracts. Page 10 (pdf)
    627.747 Page 11 (pdf)

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  • HB 359, Original Filed Version Posted 1/23/2017 at 11:38 AM

    Bill Text:   PDF
    Analyses:   Insurance and Banking Subcommittee (Post-Meeting) 6/27/2017 (pdf)
    Commerce Committee (Post-Meeting) 4/10/2017 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 454 (c2) Regulation of Insurance Companies Brandes Similar Last Action: 5/4/2017 S Laid on Table, companion bill(s) passed, see CS/HB 359 (Ch. 2017-132) -SJ 863 Track This Bill

    Committee Amendments (3)

    Amendment Sponsor Filed Last Committee Action Format
    724821 - Amendment
    Between lines 171 and 172, insert:     		Santiago 4/5/2017
    8:32 PM     		Adopted without Objection
    4/6/2017     		PDF
    194351 - Amendment
    Remove line 221 and insert:     		Santiago 4/5/2017
    8:36 PM     		Adopted without Objection
    4/6/2017     		PDF
    162145 - Amendment
    Remove lines 252-259 and insert:     		Hager 4/5/2017
    8:38 PM     		Adopted without Objection
    4/6/2017     		PDF

    Citations - Statutes (8)

    Citation Catchline Location in Bill Location In Bill Help
    215.555 Florida Hurricane Catastrophe Fund. Page 2 (pdf)
    625.012 “Assets” defined. Page 7 (pdf)
    627.062 Rate standards. Page 7 (pdf)
    627.0645 Annual filings. Page 8 (pdf)
    627.4035 Cash payment of premiums; claims. Page 9 (pdf)
    627.421 Delivery of policy. Page 10 (pdf)
    627.7295 Motor vehicle insurance contracts. Page 10 (pdf)
    627.747 Page 11 (pdf)

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