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CS/HB 941: Insurance

GENERAL BILL by Economic Affairs Committee ; Holder ; Bernard

Insurance; Revises requirements for submitting notice of election of exemption; revises duties of DFS relating to expiration of certificates of exemption; exempts certain limited liability companies from penalties for failure to secure payment of workers' compensation; authorizes OIR to expend funds for professional development of its employees; removes workers' compensation & employer's liability insurance from those types of insurance that must report & refund excess profits; provides that transfer of policy to certain other insurers is considered renewal of policy rather than cancellation or nonrenewal; exempts certain insurers from performing onsite premium audits for workers' compensation insurance.

Effective Date: 7/1/2012
Last Action: 5/6/2012 - Chapter No. 2012-213
Location: Became Law
Bill Text: PDF



Bill History

Date Chamber Action
12/7/2011 House • Filed
12/21/2011 House • Referred to Insurance and Banking Subcommittee; Economic Affairs Committee -HJ 92
1/10/2012 House • Introduced -HJ 92
1/12/2012 House • On Committee agenda-- Insurance and Banking Subcommittee, 01/17/12, 3:30 pm, 404 HOB
1/17/2012 House • Favorable by Insurance and Banking Subcommittee; YEAS 14 NAYS 0 -HJ 238
1/18/2012 House • Now in Economic Affairs Committee -HJ 238
1/23/2012 House • On Committee agenda-- Economic Affairs Committee, 01/25/12, 2:00 pm, Reed Hall
1/25/2012 House • CS by- Economic Affairs Committee; YEAS 17 NAYS 0 -HJ 299
1/26/2012 House • Pending review of CS -under Rule 7.19(c)
1/27/2012 House • Placed on Calendar -HJ 297
• CS by Economic Affairs Committee read 1st time -HJ 290
2/13/2012 House • Placed on Special Order Calendar, 02/15/12
2/15/2012 House • Read 2nd time -HJ 621
• Placed on 3rd reading
2/16/2012 House • Read 3rd time -HJ 639
• CS passed; YEAS 119 NAYS 0 -HJ 639
2/22/2012 Senate • In Messages
3/5/2012 Senate • Received -SJ 822
• Referred to Banking and Insurance; Budget Subcommittee on General Government Appropriations; Budget -SJ 822
3/9/2012 Senate • Withdrawn from Banking and Insurance; Budget Subcommittee on General Government Appropriations; Budget -SJ 1175
• Placed on Calendar, on 2nd reading -SJ 1175
• Substituted for CS/CS/SB 1428 -SJ 1175
• Read 2nd time -SJ 1175
• Amendment(s) adopted (920488) -SJ 1175
• Read 3rd time -SJ 1178
• CS passed as amended; YEAS 40 NAYS 0 -SJ 1178
3/9/2012 House • In returning messages
• Was taken up -HJ 1270
• Concurred in 1 amendment(s) (920488) -HJ 1271
• CS passed as amended; YEAS 99 NAYS 16 -HJ 1274
• Ordered engrossed, then enrolled -HJ 1274
4/20/2012 • Signed by Officers and presented to Governor
5/4/2012 • Approved by Governor
5/6/2012 • Chapter No. 2012-213