HB 329: Insurance Guaranty Associations
GENERAL BILL by Smith, D.
Insurance Guaranty Associations; Authorizes employee of Florida Insurance Guaranty Association or employee of guaranty association of another state to adjust losses for Florida Insurance Guaranty Association if certain conditions are met; revises calculation of insurers' initial payments to association; revises requirements for OIR in levying workers' compensation insurers; provides that insurer's direct written premium may not be reduced by certain amounts for purposes of determining insurer assessments or policyholder surcharges; revises requirements for remitting policy surcharges & assessments; provides that assessments paid by insurers constitute advances of funds to Florida Workers’ Compensation Insurance Guaranty Association.
Last Action: 3/10/2020 House - Laid on Table - Companion bill(s) SB 540 passed -HJ 1070
Bill Text: PDF
• Referred to Insurance and Banking Subcommittee; Government Operations and Technology Appropriations Subcommittee; Commerce Committee -HJ 30
• On Committee agenda-- Insurance and Banking Subcommittee, 11/06/19, 3:30 pm, Sumner Hall
• Favorable by Insurance and Banking Subcommittee; YEAS 14 NAYS 0 -HJ 285
• Now in Government Operations and Technology Appropriations Subcommittee -HJ 285
• On Committee agenda-- Government Operations and Technology Appropriations Subcommittee, 12/11/19, 12:30 pm, Morris Hall
• On Committee agenda-- Government Operations and Technology Appropriations Subcommittee, 12/12/19, 4:00 pm, Morris Hall -- Meeting Cancelled
• Favorable by Government Operations and Technology Appropriations Subcommittee; YEAS 8 NAYS 0 -HJ 317
• Now in Commerce Committee -HJ 317
• On Committee agenda-- Commerce Committee, 01/16/20, 2:30 pm, Webster Hall
• Introduced -HJ 30
• Favorable by- Commerce Committee; YEAS 22 NAYS 0 -HJ 402
• Placed on Calendar -HJ 403
• Laid on Table - Companion bill(s) SB 540 passed -HJ 1070
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