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The Florida Senate

SB 1804: Solvency of Insurers

GENERAL BILL by Banking and Insurance

Solvency of Insurers; revises requirements for periodic examination of insurers by Insurance Regulation Office of Financial Services Commission; increases period between examinations for insurers that maintain risk-based capital level of specified percentage; requires property insurers to maintain surplus & reinsurance adequate to cover 100-year probable maximum loss from hurricanes, etc. Amends 624.316,.424, 628.801; creates 624.4087.

Effective Date: 01/01/2006
Last Action: 5/6/2005 Senate - Died in Committee on Banking and Insurance
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
2/23/2005 Senate SPB 7058 submitted as a committee bill (SB 1804) by Banking and Insurance
2/24/2005 Senate • Filed
3/14/2005 Senate • Introduced, referred to Banking and Insurance -SJ 00182
5/6/2005 Senate • Died in Committee on Banking and Insurance