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CS/SB 538: Nonadmitted Insurance Market Reform

GENERAL BILL by Banking and Insurance ; Brandes

Nonadmitted Insurance Market Reform; Deleting a limitation on per-policy fees charged by surplus lines agents for exporting certified policies; requiring that such fees be itemized separately for the customer before purchase and enumerated in the policy; deleting a requirement for surplus lines agents to quarterly file a certain affidavit with the Florida Surplus Lines Service Office, etc.

Effective Date: 7/1/2019
 Last Action: 5/3/2019 Senate - Died in Appropriations, companion bill(s) passed, see CS/CS/CS/HB 301 (Ch. 2019-108)
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Appropriations Subcommittee on Agriculture, Environment, and General Government (AEG)
  3. Appropriations (AP)

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  • Bill History

    Date Chamber Action
    1/25/2019 Senate • Filed
    2/8/2019 Senate • Referred to Banking and Insurance; Finance and Tax; Appropriations -SJ 70
    3/5/2019 Senate • Introduced -SJ 70
    3/6/2019 Senate • On Committee agenda-- Banking and Insurance, 03/11/19, 4:00 pm, 412 Knott Building
    3/11/2019 Senate • CS by Banking and Insurance; YEAS 8 NAYS 0 -SJ 195
    3/12/2019 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    3/13/2019 Senate • Original reference(s) removed: Finance and Tax -SJ 249
    • Remaining references corrected to Appropriations Subcommittee on Agriculture, Environment, and General Government; Appropriations -SJ 249
    • Now in Appropriations Subcommittee on Agriculture, Environment, and General Government
    3/14/2019 Senate • CS by Banking and Insurance read 1st time -SJ 249
    4/4/2019 Senate • On Committee agenda-- Appropriations Subcommittee on Agriculture, Environment, and General Government, 04/09/19, 1:30 pm, 110 Senate Building
    4/9/2019 Senate • Subcommittee Recommendation: Favorable by Appropriations Subcommittee on Agriculture, Environment, and General Government; YEAS 10 NAYS 0 -SJ 343
    4/10/2019 Senate • Now in Appropriations
    5/3/2019 Senate • Indefinitely postponed and withdrawn from consideration
    • Died in Appropriations, companion bill(s) passed, see CS/CS/CS/HB 301 (Ch. 2019-108)

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  • CS/SB 538, Committee Substitute 1 (Current Bill Version) Posted 3/12/2019 at 3:18 PM

    Bill Text:   Web Page | PDF
    Analyses:   Appropriations Subcommittee on Agriculture, Environment, and General Government (Pre-Meeting) 4/8/2019 (pdf)
    Appropriations Subcommittee on Agriculture, Environment, and General Government (Post-Meeting) 4/9/2019 (pdf)

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 387 (c1) Nonadmitted Insurance Markets Insurance and Banking Subcommittee Similar Last Action: 5/3/2019 S Died in Banking and Insurance, companion bill(s) passed, see CS/CS/CS/HB 301 (Ch. 2019-108) Track This Bill
    H 301 (er) Insurance Insurance and Banking Subcommittee Compare Last Action: 6/18/2019 Chapter No. 2019-108 Track This Bill
    S 714 (c4) Insurance Brandes Compare Last Action: 5/2/2019 S Laid on Table, companion bill(s) passed, see CS/CS/CS/HB 301 (Ch. 2019-108) -SJ 785 Track This Bill

    Committee Votes (1)

    Date Committee Result
    4/9/2019 1:30 PM Appropriations Subcommittee on Agriculture, Environment, and General Government 10 Yeas - 0 Nays

    Citations - Statutes (6)

    Citation Catchline Location in Bill Location In Bill Help
    626.916 Eligibility for export. Page 1 (pdf)
    626.931 Agent affidavit and insurer reporting requirements. Page 2 (pdf)
    626.932 Surplus lines tax. Page 3 (pdf)
    626.935 Suspension, revocation, or refusal of surplus lines agent’s license. Page 3 (pdf)
    627.715 Flood insurance. Page 5 (pdf)
    629.401 Insurance exchange. Page 4 (pdf)

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  • SB 538, Original Filed Version Posted 1/25/2019 at 1:59 PM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 3/8/2019 (pdf)
    Banking and Insurance (Post-Meeting) 3/12/2019 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 387 (c1) Nonadmitted Insurance Markets Insurance and Banking Subcommittee Similar Last Action: 5/3/2019 S Died in Banking and Insurance, companion bill(s) passed, see CS/CS/CS/HB 301 (Ch. 2019-108) Track This Bill

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    207744 - Amendment
    Delete lines 84 - 106.     		Banking and Insurance
    (Brandes)     		3/8/2019
    2:35 PM     		Replaced by Committee Substitute
    3/11/2019     		Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/11/2019 4:00 PM Banking and Insurance 8 Yeas - 0 Nays

    Citations - Statutes (6)

    Citation Catchline Location in Bill Location In Bill Help
    626.916 Eligibility for export. Page 1 (pdf)
    626.931 Agent affidavit and insurer reporting requirements. Page 2 (pdf)
    626.932 Surplus lines tax. Page 3 (pdf)
    626.935 Suspension, revocation, or refusal of surplus lines agent’s license. Page 4 (pdf)
    627.715 Flood insurance. Page 5 (pdf)
    629.401 Insurance exchange. Page 5 (pdf)

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