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CS/CS/HB 1229: Title Insurance

GENERAL BILL by Economic Affairs Committee ; Insurance and Banking Subcommittee ; Holder ; (CO-INTRODUCERS) Snyder

Title Insurance; Provides legislative intent requiring DFS to review regulatory structure of title insurance industry & submit findings & recommendations to Legislature; repeals provision requiring assessments against title insurers; requires rehabilitation plans to provide for specified matters; provides methodology for allocation of funds to pay claims on out-of-state policies; provides procedures & requirements for imposition & payment of assessments; provides methodology for determining assessment amounts, etc.

Effective Date: upon becoming a law
Last Action: 5/7/2011 Senate - Died in Messages, companion bill(s) passed, see CS/HB 1007 (Ch. 2011-226)
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    3/4/2011 House • Filed
    3/8/2011 House • Introduced -HJ 108
    3/14/2011 House • Referred to Insurance and Banking Subcommittee; Rulemaking and Regulation Subcommittee; Government Operations Appropriations Subcommittee; Economic Affairs Committee -HJ 220
    3/28/2011 House • PCS on Committee agenda-- Insurance and Banking Subcommittee, 03/30/11, 10:00 am, 404 HOB
    3/30/2011 House • CS by Insurance and Banking Subcommittee; YEAS 13 NAYS 0 -HJ 416
    4/5/2011 House • Pending review of CS under Rule 7.19(c)
    • CS by Insurance and Banking Subcommittee read 1st time -HJ 413
    4/6/2011 House • Original reference(s) removed: Rulemaking and Regulation Subcommittee
    • CS referred to Government Operations Appropriations Subcommittee; Economic Affairs Committee -HJ 450
    • Now in Government Operations Appropriations Subcommittee -HJ 450
    4/11/2011 House • On Committee agenda-- Government Operations Appropriations Subcommittee, 04/13/11, 8:00 am, Morris Hall
    4/13/2011 House • Favorable by Government Operations Appropriations Subcommittee; YEAS 13 NAYS 0 -HJ 619
    • Now in Economic Affairs Committee -HJ 619
    4/19/2011 House • On Committee agenda-- Economic Affairs Committee, 04/21/11, 11:00 am, Reed Hall
    4/21/2011 House • CS/CS by- Economic Affairs Committee; YEAS 17 NAYS 0 -HJ 776
    4/25/2011 House • Pending review of CS -under Rule 7.19(c)
    • CS/CS by Economic Affairs Committee read 1st time -HJ 773
    4/26/2011 House • Placed on Calendar -HJ 836
    4/27/2011 House • Placed on Special Order Calendar, 04/29/11
    4/29/2011 House • Read 2nd time -HJ 943
    • Read 3rd time -HJ 944
    • CS passed; YEAS 116 NAYS 0 -HJ 944
    4/29/2011 Senate • In Messages
    5/7/2011 Senate • Indefinitely postponed and withdrawn from consideration
    • Died in Messages, companion bill(s) passed, see CS/HB 1007 (Ch. 2011-226)

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  • CS/CS/HB 1229, Committee Substitute 2 (Current Bill Version) Posted 4/25/2011 at 3:11 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 1007 (er) Insurer Insolvency Bernard, Julien, Cruz Compare Last Action: 6/27/2011 Chapter No. 2011-226, companion bill(s) passed, see CS/CS/CS/SB 408 (Ch. 2011-39)
    Location: Became Law

    Floor Votes (1)

    Date Chamber Result
    4/29/2011 6:37 PM House 116 Yeas - 0 Nays

    Citations - Statutes (6)

    Citation Catchline Location in Bill Location In Bill Help
    627.782 Adoption of rates. Page 8 (pdf)
    627.7865 Title insurer assessments. Page 3 (pdf)
    631.400 Page 3 (pdf)
    631.401 Page 7 (pdf)
    631.402 Page 8 (pdf)
    701.041 Title insurer; mortgage release certificate. Page 9 (pdf)

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  • CS/HB 1229, Committee Substitute 1 Posted 4/5/2011 at 11:46 AM

    Bill Text:   Web Page | PDF
    Analyses:   Government Operations Appropriations Subcommittee (Post-Meeting) 4/13/2011 (pdf)
    Economic Affairs Committee (Post-Meeting) 4/25/2011 (pdf)
    Insurance and Banking Subcommittee (Post-Meeting) 4/5/2011 (pdf)

    Citations - Statutes (6)

    Citation Catchline Location in Bill Location In Bill Help
    627.782 Adoption of rates. Page 8 (pdf)
    627.7865 Title insurer assessments. Page 3 (pdf)
    631.400 Page 3 (pdf)
    631.401 Page 7 (pdf)
    631.402 Page 8 (pdf)
    701.041 Title insurer; mortgage release certificate. Page 9 (pdf)

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  • HB 1229, Original Filed Version Posted 3/4/2011 at 11:51 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1468 Title Insurance Altman Compare Last Action: 5/7/2011 S Died in Banking and Insurance
    Location: In committee/council (BI)

    Citations - Statutes (47)

    Citation Catchline Location in Bill Location In Bill Help
    20.121 Department of Financial Services. Page 6 (pdf)
    395.106 Risk pooling by certain hospitals and hospital systems. Page 41 (pdf)
    624.3095 Page 7 (pdf)
    624.4213 Trade secret documents. Page 13 (pdf)
    624.488 Applicability of related laws. Page 42 (pdf)
    624.488 Applicability of related laws. Page 44 (pdf)
    624.630 Page 8 (pdf)
    624.631 Page 8 (pdf)
    624.632 Page 10 (pdf)
    624.633 Page 11 (pdf)
    624.634 Page 11 (pdf)
    624.635 Page 11 (pdf)
    624.636 Page 12 (pdf)
    624.637 Page 12 (pdf)
    624.638 Page 12 (pdf)
    624.639 Page 12 (pdf)
    626.2815 Continuing education required; application; exceptions; requirements; penalties. Page 13 (pdf)
    626.841 Definitions. Page 14 (pdf)
    626.8411 Application of Florida Insurance Code provisions to title insurance agents or agencies. Page 14 (pdf)
    626.8417 Title insurance agent licensure; exemptions. Page 15 (pdf)
    626.8418 Application for title insurance agency license. Page 15 (pdf)
    626.8419 Appointment of title insurance agency. Page 17 (pdf)
    626.8422 Page 18 (pdf)
    626.8437 Grounds for denial, suspension, revocation, or refusal to renew license or appointment. Page 19 (pdf)
    626.8437 Grounds for denial, suspension, revocation, or refusal to renew license or appointment. Page 44 (pdf)
    626.8473 Escrow; trust fund. Page 19 (pdf)
    626.9541 Unfair methods of competition and unfair or deceptive acts or practices defined. Page 20 (pdf)
    627.442 Insurance contracts. Page 42 (pdf)
    627.776 Applicability or inapplicability of Florida Insurance Code provisions to title insurers. Page 45 (pdf)
    627.777 Approval of forms. Page 23 (pdf)
    627.780 Illegal dealings in premium. Page 25 (pdf)
    627.782 Adoption of rates. Page 25 (pdf)
    627.974 Filing of policy forms and rates. Page 42 (pdf)
    628.6016 Applicability of related laws. Page 45 (pdf)
    631.252 Continuation of coverage. Page 43 (pdf)
    631.400 Page 26 (pdf)
    631.401 Page 28 (pdf)
    631.402 Page 30 (pdf)
    631.403 Page 31 (pdf)
    631.404 Page 32 (pdf)
    631.405 Page 36 (pdf)
    631.406 Page 36 (pdf)
    631.407 Page 39 (pdf)
    631.408 Page 39 (pdf)
    631.409 Page 40 (pdf)
    631.410 Page 40 (pdf)
    689.263 Page 41 (pdf)

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