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CS/SB 2518: Insurance

GENERAL BILL by Banking and Insurance ; Webster

Insurance; revises definitions; conforms provisions to revised definition & to certain governmental reorganization; prohibits affiliated parties from certain activities constituting conflict of interest; specifies certain restrictions governing affiliated party conduct; provides for calculating certain surplus for certain insurers; revises requirements for securities of trust fund for single assuming insurer, etc. Amends FS.

Effective Date: 10/01/2003
Last Action: 5/2/2003 House - Died in Messages
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    3/4/2003 Senate • Filed
    3/26/2003 Senate • Introduced, referred to Banking and Insurance; Health, Aging, and Long-Term Care; Appropriations Subcommittee on General Government; Appropriations -SJ 00265
    3/31/2003 Senate • On Committee agenda-- Banking and Insurance, 04/03/03, 9:00 am, 110-S
    4/3/2003 Senate • CS by Banking and Insurance; YEAS 12 NAYS 0 -SJ 00359; CS read first time on 04/08/03 -SJ 00364
    4/7/2003 Senate • Now in Health, Aging, and Long-Term Care -SJ 00359
    4/16/2003 Senate • Withdrawn from Health, Aging, and Long-Term Care -SJ 00423; Now in Appropriations Subcommittee on General Government
    4/24/2003 Senate • Withdrawn from Appropriations Subcommittee on General Government; Appropriations -SJ 00538; Placed on Calendar, on second reading
    4/28/2003 Senate • Placed on Special Order Calendar -SJ 00700
    4/29/2003 Senate • Placed on Special Order Calendar -SJ 00700; Read second time -SJ 00732; Amendment(s) adopted -SJ 00732; Ordered engrossed -SJ 00732
    4/30/2003 Senate • Read third time -SJ 00797; CS passed as amended; YEAS 40 NAYS 0 -SJ 00797
    4/30/2003 House • In Messages
    5/2/2003 House • Died in Messages

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  • CS/SB 2518, Engrossed 1 (Current Bill Version) Posted 4/29/2003 at 3:42 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location
    H 831 Carassas Similar Last Action: 5/2/2003 H Died in Committee on Commerce & Local Affairs Appropriations (AP)
    Location:

    Floor Votes (1)

    Date Chamber Result
    4/30/2003 2:56 PM Senate 40 Yeas - 0 Nays

    Citations - Statutes (12)

    Citation Catchline Location in Bill Location In Bill Help
    440.20 Time for payment of compensation; penalties for late payment.
    624.310 Enforcement; cease and desist orders; removal of certain persons; fines.
    624.316 Examination of insurers.
    624.4095 Premiums written; restrictions.
    624.610 Reinsurance.
    627.8401
    628.461 Acquisition of controlling stock.
    628.4615 Specialty insurers; acquisition of controlling stock, ownership interest, assets, or control; merger or consolidation.
    634.042
    634.3076
    634.4062
    651.029

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  • CS/SB 2518, Committee Substitute 1 Posted 4/7/2003 at 3:12 PM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Post-Meeting) 4/4/2003 (pdf)

    Floor Amendments (4)

    Amendment Sponsor Filed Last Floor Action Format
    771342 - Amendment
    Webster 4/24/2003
    7:31 PM
    Web Page
    PDF
    hierarchy 825010 - Amendment to Amendment (771342)
    Alexander 4/25/2003
    5:40 PM
    Web Page
    PDF
    830664 - Amendment
    Lee 4/25/2003
    4:06 PM
    Web Page
    PDF
    540274 - Amendment
    Alexander 4/25/2003
    6:19 PM
    Web Page
    PDF

    Citations - Statutes (12)

    Citation Catchline Location in Bill Location In Bill Help
    440.20 Time for payment of compensation; penalties for late payment.
    624.310 Enforcement; cease and desist orders; removal of certain persons; fines.
    624.316 Examination of insurers.
    624.4095 Premiums written; restrictions.
    624.610 Reinsurance.
    627.8401
    628.461 Acquisition of controlling stock.
    628.4615 Specialty insurers; acquisition of controlling stock, ownership interest, assets, or control; merger or consolidation.
    634.042
    634.3076
    634.4062
    651.029

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  • SB 2518, Original Filed Version Posted 3/18/2003 at 1:12 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Citations - Statutes (12)

    Citation Catchline Location in Bill Location In Bill Help
    440.20 Time for payment of compensation; penalties for late payment.
    624.310 Enforcement; cease and desist orders; removal of certain persons; fines.
    624.316 Examination of insurers.
    624.4095 Premiums written; restrictions.
    624.610 Reinsurance.
    627.8401
    628.461 Acquisition of controlling stock.
    628.4615 Specialty insurers; acquisition of controlling stock, ownership interest, assets, or control; merger or consolidation.
    634.042
    634.3076
    634.4062
    651.029

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