Skip to Navigation | Skip to Main Content | Skip to Site Map

MyFloridaHouse.gov | Mobile Site

Senate Tracker: Sign Up | Login

The Florida Senate

CS/SB 742: Insurance

GENERAL BILL by Banking and Insurance ; Perry

Insurance; Redefining the term “covered policy” under the Florida Hurricane Catastrophe Fund in relation to certain collateral protection insurance policies; authorizing any association, trust, or pool created for the purpose of forming or managing a risk management mechanism or providing self-insurance for a public entity to establish a quorum and conduct public business through communication media technology; specifying the entities that must receive requests for loss run statements; providing a ratemaking factor for workers’ compensation and employer’s liability insurance, etc.

Effective Date: Except as otherwise expressly provided in this act and except for this section, which shall take effect upon this act becoming a law, this act shall take effect July 1, 2021
Last Action: 4/30/2021 Senate - Died in Appropriations, companion bill(s) passed, see CS/CS/CS/HB 1209 (Ch. 2021-113)
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Judiciary (JU)
  3. Appropriations (AP)

Expand All Collapse All

  • Bill History

    Date Chamber Action
    1/22/2021 Senate • Filed
    1/28/2021 Senate • Referred to Banking and Insurance; Judiciary; Appropriations -SJ 90
    3/2/2021 Senate • Introduced -SJ 90
    3/5/2021 Senate • On Committee agenda-- Banking and Insurance, 03/10/21, 8:00 am, 412 Knott Building
    3/10/2021 Senate • CS by Banking and Insurance; YEAS 9 NAYS 2 -SJ 247
    3/12/2021 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    • Now in Judiciary
    3/16/2021 Senate • CS by Banking and Insurance read 1st time -SJ 251
    3/24/2021 Senate • On Committee agenda-- Judiciary, 03/29/21, 3:30 pm, 412 Knott Building
    3/29/2021 Senate • Favorable by Judiciary; YEAS 10 NAYS 1 -SJ 324
    3/30/2021 Senate • Now in Appropriations
    4/30/2021 Senate • Died in Appropriations, companion bill(s) passed, see CS/CS/CS/HB 1209 (Ch. 2021-113)

    Top of SectionTop of Page

  • CS/SB 742, Committee Substitute 1 (Current Bill Version) Posted 3/12/2021 at 8:54 AM

    Bill Text:   Web Page | PDF
    Analyses:   Judiciary (Pre-Meeting) 3/26/2021 (pdf)
    Judiciary (Post-Meeting) 3/29/2021 (pdf)

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 815 (c2) Insurance Gregory Similar Last Action: 4/30/2021 H Died on Second Reading Calendar; companion bill(s) passed, see CS/CS/CS/HB 1209 (Ch. 2021-113)
    H 1209 (er) Department of Financial Services Fetterhoff Compare Last Action: 6/17/2021 Chapter No. 2021-113; companion bill(s) passed, see CS/HB 823 (Ch. 2021-110), CS/SB 286 (Ch. 2021-123)
    S 1408 (c1) Department of Financial Services Burgess Compare Last Action: 4/26/2021 S Laid on Table, companion bill(s) passed, see CS/HB 823 (Ch. 2021-110), CS/CS/CS/HB 1209 (Ch. 2021-113) -SJ 694

    Committee Votes (1)

    Date Committee Result
    3/29/2021 3:30 PM Judiciary 10 Yeas - 1 Nays

    Citations - Statutes (21)

    Citation Catchline Location in Bill Location In Bill Help
    215.555 Florida Hurricane Catastrophe Fund. Page 3 (pdf)
    624.423 Serving process. Page 5 (pdf)
    624.46227 Page 6 (pdf)
    626.7351 Qualifications for customer representative’s license. Page 6 (pdf)
    626.856 “Company employee adjuster” defined. Page 7 (pdf)
    626.9202 Loss run statements for all lines of insurance. Page 7 (pdf)
    627.062 Rate standards. Page 9 (pdf)
    627.0629 Residential property insurance; rate filings. Page 11 (pdf)
    627.072 Making and use of rates. Page 12 (pdf)
    627.351 Insurance risk apportionment plans. Page 13 (pdf)
    627.421 Delivery of policy. Page 18 (pdf)
    627.444 Loss run statements for all lines of insurance. Page 18 (pdf)
    627.6647 Release of claims experience. Page 19 (pdf)
    627.7011 Homeowners’ policies; offer of replacement cost coverage and law and ordinance coverage. Page 19 (pdf)
    627.715 Flood insurance. Page 21 (pdf)
    627.7152 Assignment agreements. Page 21 (pdf)
    627.7153 Policies restricting assignment of post-loss benefits under a property insurance policy. Page 25 (pdf)
    627.7276 Notice of limited coverage. Page 22 (pdf)
    634.171 Salesperson to be licensed and appointed. Page 23 (pdf)
    634.317 License and appointment required. Page 24 (pdf)
    634.419 License and appointment required. Page 24 (pdf)

    Top of SectionTop of Page

  • SB 742, Original Filed Version Posted 1/22/2021 at 1:22 PM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 3/8/2021 (pdf)
    Banking and Insurance (Post-Meeting) 3/11/2021 (pdf)

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 815 (c1) Insurance Gregory Compare Last Action: 4/30/2021 H Died on Second Reading Calendar; companion bill(s) passed, see CS/CS/CS/HB 1209 (Ch. 2021-113)
    H 1209 Department of Financial Services Fetterhoff Compare Last Action: 6/17/2021 Chapter No. 2021-113; companion bill(s) passed, see CS/HB 823 (Ch. 2021-110), CS/SB 286 (Ch. 2021-123)
    S 1408 (c1) Department of Financial Services Burgess Compare Last Action: 4/26/2021 S Laid on Table, companion bill(s) passed, see CS/HB 823 (Ch. 2021-110), CS/CS/CS/HB 1209 (Ch. 2021-113) -SJ 694

    Committee Amendments (2)

    Amendment Sponsor Filed Last Committee Action Format
    194946 - Amendment
    Delete lines 133 - 554 and insert:
    Banking and Insurance
    (Perry)
    3/8/2021
    4:16 PM
    Replaced by Committee Substitute
    3/10/2021
    Web Page
    PDF
    hierarchy 335766 - Amendment to Amendment (194946)
    Delete lines 409 - 438.
    Banking and Insurance
    (Taddeo)
    3/9/2021
    2:15 PM
    Withdrawn
    3/10/2021
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/10/2021 8:00 AM Banking and Insurance 9 Yeas - 2 Nays

    Citations - Statutes (17)

    Citation Catchline Location in Bill Location In Bill Help
    215.555 Florida Hurricane Catastrophe Fund. Page 3 (pdf)
    624.423 Serving process. Page 5 (pdf)
    626.856 “Company employee adjuster” defined. Page 5 (pdf)
    626.9202 Loss run statements for all lines of insurance. Page 6 (pdf)
    627.062 Rate standards. Page 7 (pdf)
    627.0629 Residential property insurance; rate filings. Page 7 (pdf)
    627.072 Making and use of rates. Page 8 (pdf)
    627.351 Insurance risk apportionment plans. Page 9 (pdf)
    627.444 Loss run statements for all lines of insurance. Page 14 (pdf)
    627.6647 Release of claims experience. Page 16 (pdf)
    627.7011 Homeowners’ policies; offer of replacement cost coverage and law and ordinance coverage. Page 16 (pdf)
    627.715 Flood insurance. Page 18 (pdf)
    627.7152 Assignment agreements. Page 19 (pdf)
    627.7153 Policies restricting assignment of post-loss benefits under a property insurance policy. Page 22 (pdf)
    634.171 Salesperson to be licensed and appointed. Page 20 (pdf)
    634.317 License and appointment required. Page 21 (pdf)
    634.419 License and appointment required. Page 21 (pdf)

    Top of SectionTop of Page