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The Florida Senate

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.

Effective Date: 7/1/2020
Last Action: 3/10/2020 House - Laid on Table - Companion bill(s) SB 540 passed -HJ 1070
Bill Text: PDF



Bill History

Date Chamber Action
10/10/2019 House • Filed
10/16/2019 House • Referred to Insurance and Banking Subcommittee; Government Operations and Technology Appropriations Subcommittee; Commerce Committee -HJ 30
10/30/2019 House • On Committee agenda-- Insurance and Banking Subcommittee, 11/06/19, 3:30 pm, Sumner Hall
11/6/2019 House • Favorable by Insurance and Banking Subcommittee; YEAS 14 NAYS 0 -HJ 285
• Now in Government Operations and Technology Appropriations Subcommittee -HJ 285
12/4/2019 House • On Committee agenda-- Government Operations and Technology Appropriations Subcommittee, 12/11/19, 12:30 pm, Morris Hall
12/5/2019 House • On Committee agenda-- Government Operations and Technology Appropriations Subcommittee, 12/12/19, 4:00 pm, Morris Hall -- Meeting Cancelled
12/11/2019 House • Favorable by Government Operations and Technology Appropriations Subcommittee; YEAS 8 NAYS 0 -HJ 317
12/12/2019 House • Now in Commerce Committee -HJ 317
1/14/2020 House • On Committee agenda-- Commerce Committee, 01/16/20, 2:30 pm, Webster Hall
• Introduced -HJ 30
1/16/2020 House • Favorable by- Commerce Committee; YEAS 22 NAYS 0 -HJ 402
1/17/2020 House • Placed on Calendar -HJ 403
3/10/2020 House • Laid on Table - Companion bill(s) SB 540 passed -HJ 1070