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CS/CS/HB 803: Property and Casualty Insurance

GENERAL BILL by Economic Affairs Committee ; Insurance and Banking Subcommittee ; Wood ; (CO-INTRODUCERS) Van Zant

Property and Casualty Insurance; Provides statute of limitations for breach of property insurance contract; provides that specified losses are excluded from definition of term "losses" as used in provisions relating to Florida Hurricane Catastrophe Fund; authorizes insurer to renegotiate terms of specified surplus note; revises amount of surplus funds required for domestic insurers applying for certificate of authority; revises minimum surplus that must be maintained by certain insurers; authorizes OIR to reduce specified surplus requirements, etc.

Effective Date: upon becoming a law
Last Action: 5/3/2011 House - Laid on Table, companion bill(s) passed, see CS/HB 1007 (Ch. 2011-226), CS/CS/CS/SB 408 (Ch. 2011-39), SB 2156 (Ch. 2011-142) -HJ 1101
Location: Laid on Table
Bill Text: PDF



Bill History

Date Chamber Action
2/16/2011 House • Filed
3/3/2011 House • Referred to Insurance and Banking Subcommittee; Rulemaking and Regulation Subcommittee; Economic Affairs Committee -HJ 69
3/8/2011 House • Introduced -HJ 68
3/14/2011 House • On Committee agenda-- Insurance and Banking Subcommittee, 03/16/11, 8:00 am, 404 HOB --Workshopped
4/1/2011 House • PCS on Committee agenda-- Insurance and Banking Subcommittee, 04/05/11, 4:00 pm, 404 HOB
4/5/2011 House • CS by Insurance and Banking Subcommittee; YEAS 12 NAYS 3 -HJ 601
4/8/2011 House • Pending review of CS under Rule 7.19(c)
• CS by Insurance and Banking Subcommittee read 1st time -HJ 597
4/11/2011 House • Original reference(s) removed: Rulemaking and Regulation Subcommittee
• CS referred to Economic Affairs Committee -HJ 610
• Now in Economic Affairs Committee -HJ 610
4/12/2011 House • On Committee agenda-- Economic Affairs Committee, 04/14/11, 9:00 am, Reed Hall
4/14/2011 House • CS/CS by- Economic Affairs Committee; YEAS 11 NAYS 7 -HJ 762
4/21/2011 House • Pending review of CS -under Rule 7.19(c)
• CS/CS by Economic Affairs Committee read 1st time -HJ 758
4/22/2011 House • Placed on Calendar -HJ 766
5/3/2011 House • Laid on Table, companion bill(s) passed, see CS/HB 1007 (Ch. 2011-226), CS/CS/CS/SB 408 (Ch. 2011-39), SB 2156 (Ch. 2011-142) -HJ 1101