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CS/SB 758: Title Insurer Reserves

GENERAL BILL by Banking and Insurance ; Lee

Title Insurer Reserves; Specifying that a title insurer is liable for all of its unpaid losses and claims; revising and specifying the reserves certain title insurers must set aside; specifying how such reserves will be released; specifying which state law governs the amount of the reserve when a title insurer transfers its domicile to this state, etc.

Effective Date: Upon becoming a law
Last Action: 5/1/2014 Senate - Laid on Table, companion bill(s) passed, see CS/CS/HB 321 (Ch. 2014-112), CS/CS/HB 805 (Ch. 2014-132) -SJ 938
Location: Laid on Table
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Commerce and Tourism (CM)



Bill History

Date Chamber Action
1/27/2014 Senate • Filed
2/6/2014 Senate • Referred to Banking and Insurance; Commerce and Tourism -SJ 61
2/28/2014 Senate • On Committee agenda-- Banking and Insurance, 03/05/14, 1:30 pm, 110 Senate Office Building
3/4/2014 Senate • Introduced -SJ 61
3/5/2014 Senate • CS by Banking and Insurance; YEAS 11 NAYS 0 -SJ 207
3/6/2014 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
3/10/2014 Senate • Now in Commerce and Tourism -SJ 207
• CS by Banking and Insurance read 1st time -SJ 223
3/26/2014 Senate • On Committee agenda-- Commerce and Tourism, 03/31/14, 4:00 pm, 110 Senate Office Building
3/31/2014 Senate • Favorable by- Commerce and Tourism; YEAS 8 NAYS 0 -SJ 355
4/1/2014 Senate • Placed on Calendar, on 2nd reading -SJ 355
4/21/2014 Senate • Placed on Special Order Calendar, 04/24/14
4/24/2014 Senate • Retained on Special Order Calendar -SJ 620
5/1/2014 Senate • Read 2nd time -SJ 938
• Substituted CS/CS/HB 805 -SJ 938
• Laid on Table, companion bill(s) passed, see CS/CS/HB 321 (Ch. 2014-112), CS/CS/HB 805 (Ch. 2014-132) -SJ 938