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) passed, see SB 540 (Ch. 2020-54) -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) passed, see SB 540 (Ch. 2020-54) -HJ 1070 |
