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

MyFloridaHouse.gov | Flsenate.gov Archives | Mobile Site

Senate Tracker: Sign Up | Login

Senate Live by Watch Now

CS/CS/SB 1568: Insurer Insolvency

GENERAL BILL by Budget ; Banking and Insurance ; Montford

Insurer Insolvency; Authorizes a residential property insurer to renegotiate a note issued by the Insurance Capital Build-Up Incentive Program under certain circumstances. Authorizes the Department of Financial Services to request appointment as ancillary receiver if necessary to obtain records to adjudicate covered claims. Provides for the State Risk Management Trust Fund to cover specified officers, employees, agents, and other representatives of the Department of Financial Services for liability under specified federal laws relating to receiverships, etc.

Effective Date: 7/1/2011
Last Action: 5/2/2011 Senate - Laid on Table, companion bill(s) passed, see CS/HB 1007 (Ch. 2011-226), CS/HB 1087 (Ch. 2011-174), HB 4081 (Ch. 2011-11), CS/CS/CS/SB 408 (Ch. 2011-39) -SJ 639
Location: Laid on Table
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Budget (BC)
  3. Rules (RC)



Bill History

Date Chamber Action
3/3/2011 Senate • Filed
3/9/2011 Senate • Referred to Banking and Insurance; Budget -SJ 176
• Introduced -SJ 176
3/17/2011 Senate • On Committee agenda-- Banking and Insurance, 03/22/11, 1:15 pm, 412 Knott Building
3/22/2011 Senate • CS by Banking and Insurance; YEAS 10 NAYS 0 -SJ 286
3/24/2011 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• Now in Budget -SJ 286
• CS by Banking and Insurance read 1st time -SJ 290
4/7/2011 Senate • Also referred to Rules -SJ 461
4/11/2011 Senate • On Committee agenda-- Budget, 04/14/11, 1:30 pm, 412 Knott Building --Not Considered
4/14/2011 Senate • On Committee agenda-- Budget, 04/15/11, 1:30 pm, 412 Knott Building
4/15/2011 Senate • CS/CS by Budget; YEAS 18 NAYS 0 -SJ 471
4/19/2011 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
4/20/2011 Senate • Now in Rules -SJ 471
4/21/2011 Senate • On Committee agenda-- Rules, 04/26/11, 1:00 pm, 110 Senate Office Building
4/26/2011 Senate • Favorable by- Rules; YEAS 9 NAYS 0 -SJ 541
• CS/CS by Budget read 1st time -SJ 488
4/27/2011 Senate • Placed on Calendar, on 2nd reading -SJ 541
4/29/2011 Senate • Placed on Special Order Calendar, 05/02/11
5/2/2011 Senate • Read 2nd time -SJ 638
• Amendment(s) adopted (557434) -SJ 639
• Substituted CS/HB 1007 -SJ 639
• Laid on Table, companion bill(s) passed, see CS/HB 1007 (Ch. 2011-226), CS/HB 1087 (Ch. 2011-174), HB 4081 (Ch. 2011-11), CS/CS/CS/SB 408 (Ch. 2011-39) -SJ 639