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CS/CS/HB 359: Insurance

GENERAL BILL by Commerce Committee ; Insurance and Banking Subcommittee ; Santiago

Insurance; Revises electronic signature requirement for motor vehicle salvage certificate of title; authorizes payment of certain workers' compensation benefits to be transmitted to employee's account with licensed money transmitter; revises requirements & procedures for civil remedy notice provided to insurers & DFS; revises timeframe for insurer to pay damages; revises persons who may be licensed to transact in travel insurance; revises ratemaking factor for workers' compensation & employer's liability insurance; revises criteria for assessing residential condominium unit owner's loss assessment coverage; requires travel insurers to pay insurance premium tax on specified travel insurance premiums; specifies policyholder's or certificateholder's right to cancel travel protection plan for full refund.

Effective Date: 7/1/2020
Last Action: 3/10/2020 House - Laid on Table - Companion bill(s) CS/CS/SB 1606 passed -HJ 1070
Bill Text: PDF



Bill History

Date Chamber Action
10/15/2019 House • Filed
10/23/2019 House • Referred to Insurance and Banking Subcommittee; Government Operations and Technology Appropriations Subcommittee; Commerce Committee -HJ 32
1/13/2020 House • PCS on Committee agenda-- Insurance and Banking Subcommittee, 01/15/20, 3:30 pm, Sumner Hall
1/14/2020 House • Introduced -HJ 32
1/15/2020 House • CS by Insurance and Banking Subcommittee; YEAS 15 NAYS 0 -HJ 411
1/21/2020 House • Pending review of CS under Rule 7.18(c)
• CS by Insurance and Banking Subcommittee read 1st time -HJ 409
1/22/2020 House • Original reference(s) removed: Government Operations and Technology Appropriations Subcommittee
• CS referred to Commerce Committee -HJ 419
• Now in Commerce Committee -HJ 419
2/18/2020 House • On Committee agenda-- Commerce Committee, 02/20/20, 9:00 am, Webster Hall
2/20/2020 House • CS/CS by- Commerce Committee; YEAS 20 NAYS 0 -HJ 639
2/21/2020 House • Pending review of CS -under Rule 7.18(c)
2/24/2020 House • Placed on Calendar -HJ 638
• CS/CS by Commerce Committee read 1st time -HJ 633
3/10/2020 House • Laid on Table - Companion bill(s) CS/CS/SB 1606 passed -HJ 1070