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HB 1625: Investment of Assets by Insurers

GENERAL BILL by Clarke

Investment of Assets by Insurers; includes certain derivative instruments as assets of insurer; revises limitations on certain investments eligible for diversification; expands eligible corporate stocks authorized for investment by insurers; provides for financial derivative instruments for cerain insurers & organizations; specifies certain derivative instruments as assets of HMO, etc. Amends Ch. 625, 641.2255,.35.

Effective Date: Upon becoming law
Last Action: 3/22/2002 House - Died in Committee on Insurance (CCC), Link/Iden/Sim/Compare passed, refer to CS/HB 385 (Ch. 2002-282), CS/SB 2192 (Ch. 2002-247)
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    2/5/2002 House • Filed; Introduced -HJ 00182
    2/11/2002 House • Referred to Insurance (CCC); Banking (CCC); Council for Competitive Commerce -HJ 00220
    3/22/2002 House • Died in Committee on Insurance (CCC), Link/Iden/Sim/Compare passed, refer to CS/HB 385 (Ch. 2002-282), CS/SB 2192 (Ch. 2002-247)

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  • HB 1625, Original Filed Version (Current Bill Version) Posted 2/6/2002 at 1:01 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (4)

    Bill Number Subject Filed By Relationship Last Action and Location
    S 1904 Investment of Assets by Insurers Holzendorf Identical Last Action: 3/22/2002 S Died in Committee on Banking and Insurance, Link/Iden/Sim/Compare passed, refer to CS/HB 385 (Ch. 2002-282), CS/SB 2192 (Ch. 2002-247)
    Location:
    H 385 (e2) Lee Compare Last Action: 5/29/2002 Became Law without Governor's Signature; Chapter No. 2002-282; See also CS/CS/SB 432 (Ch. 2002-25), CS/SB 1276 (Ch. 2002-223), CS/SB 1418 (Ch. 2002-240), CS/SB 2192 (Ch. 2002-247)
    Location:
    S 1822 (e2) Holzendorf Compare Last Action: 5/2/2003 S Veto Message transmitted to Secretary of State; Veto Message transmitted to Secretary of State, Link/Iden/Sim/Compare passed, refer to CS/HB 385 (Ch. 2002-282), CS/CS/SB 432 (Ch. 2002-25), CS/SB 1418 (Ch. 2002-240), CS/SB 2192 (Ch. 2002-247)
    Location:
    S 2192 (e1) Sanderson Compare Last Action: 5/13/2002 Approved by Governor; Chapter No. 2002-247; See also CS/HB 385 (Ch. 2002-282)
    Location:

    Citations - Statutes (6)

    Citation Catchline Location in Bill Location In Bill Help
    625.012 "Assets" defined.
    625.305 Diversification.
    625.324 Corporate stocks.
    625.341
    641.2255
    641.35 Assets, liabilities, and investments.

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