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CS/HB 941: Insurance

GENERAL BILL by Economic Affairs Committee ; Holder ; Bernard

Insurance; Revises requirements for submitting notice of election of exemption; revises duties of DFS relating to expiration of certificates of exemption; exempts certain limited liability companies from penalties for failure to secure payment of workers' compensation; authorizes OIR to expend funds for professional development of its employees; removes workers' compensation & employer's liability insurance from those types of insurance that must report & refund excess profits; provides that transfer of policy to certain other insurers is considered renewal of policy rather than cancellation or nonrenewal; exempts certain insurers from performing onsite premium audits for workers' compensation insurance.

Effective Date: 7/1/2012
 Last Action: 5/6/2012 - Chapter No. 2012-213
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    12/7/2011 House • Filed
    12/21/2011 House • Referred to Insurance and Banking Subcommittee; Economic Affairs Committee -HJ 92
    1/10/2012 House • Introduced -HJ 92
    1/12/2012 House • On Committee agenda-- Insurance and Banking Subcommittee, 01/17/12, 3:30 pm, 404 HOB
    1/17/2012 House • Favorable by Insurance and Banking Subcommittee; YEAS 14 NAYS 0 -HJ 238
    1/18/2012 House • Now in Economic Affairs Committee -HJ 238
    1/23/2012 House • On Committee agenda-- Economic Affairs Committee, 01/25/12, 2:00 pm, Reed Hall
    1/25/2012 House • CS by- Economic Affairs Committee; YEAS 17 NAYS 0 -HJ 299
    1/26/2012 House • Pending review of CS -under Rule 7.19(c)
    1/27/2012 House • Placed on Calendar -HJ 297
    • CS by Economic Affairs Committee read 1st time -HJ 290
    2/13/2012 House • Placed on Special Order Calendar, 02/15/12
    2/15/2012 House • Read 2nd time -HJ 621
    • Placed on 3rd reading
    2/16/2012 House • Read 3rd time -HJ 639
    • CS passed; YEAS 119 NAYS 0 -HJ 639
    2/22/2012 Senate • In Messages
    3/5/2012 Senate • Received -SJ 822
    • Referred to Banking and Insurance; Budget Subcommittee on General Government Appropriations; Budget -SJ 822
    3/9/2012 Senate • Withdrawn from Banking and Insurance; Budget Subcommittee on General Government Appropriations; Budget -SJ 1175
    • Placed on Calendar, on 2nd reading -SJ 1175
    • Substituted for CS/CS/SB 1428 -SJ 1175
    • Read 2nd time -SJ 1175
    • Amendment(s) adopted (920488) -SJ 1175
    • Read 3rd time -SJ 1178
    • CS passed as amended; YEAS 40 NAYS 0 -SJ 1178
    3/9/2012 House • In returning messages
    • Was taken up -HJ 1270
    • Concurred in 1 amendment(s) (920488) -HJ 1271
    • CS passed as amended; YEAS 99 NAYS 16 -HJ 1274
    • Ordered engrossed, then enrolled -HJ 1274
    4/20/2012 • Signed by Officers and presented to Governor
    5/4/2012 • Approved by Governor
    5/6/2012 • Chapter No. 2012-213

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  • CS/HB 941, Enrolled (Current Bill Version) Posted 3/16/2012 at 12:30 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (5)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 307 Workers' Compensation Certificate-of-exemption Process Bernard, Davis Compare Last Action: 3/9/2012 S Died in returning Messages, companion bill(s) passed, see CS/HB 941 (Ch. 2012-213)
    Location: In returning messages from House     		Track This Bill
    H 4169 Insurance Company Excess Profits Davis, Bernard Compare Last Action: 3/9/2012 S Died in Messages, companion bill(s) passed, see CS/HB 941 (Ch. 2012-213)
    Location: In messages from House     		Track This Bill
    H 5505 (er) Department of Financial Services Government Operations Appropriations Subcommittee Compare Last Action: 5/9/2013 H Veto Message transmitted to Secretary of State
    Location: Vetoed by Governor     		Track This Bill
    S 676 Workers’ Compensation Certificate-of-exemption Process Smith Compare Last Action: 3/8/2012 S Laid on Table, companion bill(s) passed, see CS/HB 941 (Ch. 2012-213) -SJ 1066
    Location: Laid on Table     		Track This Bill
    S 1428 (c2) Insurance Smith Compare Last Action: 3/9/2012 S Laid on Table, companion bill(s) passed, see CS/HB 941 (Ch. 2012-213) -SJ 1175
    Location: Laid on Table     		Track This Bill

    Citations - Statutes (8)

    Citation Catchline Location in Bill Location In Bill Help
    440.02 Definitions. Page 2 (pdf)
    440.05 Election of exemption; revocation of election; notice; certification. Page 4 (pdf), Page 6 (pdf)
    440.107 Department powers to enforce employer compliance with coverage requirements. Page 7 (pdf)
    624.307 General powers; duties. Page 8 (pdf)
    627.215 Excessive profits for workers’ compensation, employer’s liability, commercial property, and commercial casualty insurance prohibited. Page 8 (pdf)
    627.4133 Notice of cancellation, nonrenewal, or renewal premium. Page 15 (pdf)
    627.442 Insurance contracts. Page 16 (pdf)
    628.6017 Converting assessable mutual insurer. Page 17 (pdf)

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  • CS/HB 941, Engrossed 1 Posted 3/9/2012 at 7:06 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (5)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 307 Workers' Compensation Certificate-of-exemption Process Bernard, Davis Compare Last Action: 3/9/2012 S Died in returning Messages, companion bill(s) passed, see CS/HB 941 (Ch. 2012-213)
    Location: In returning messages from House     		Track This Bill
    H 4169 Insurance Company Excess Profits Davis, Bernard Compare Last Action: 3/9/2012 S Died in Messages, companion bill(s) passed, see CS/HB 941 (Ch. 2012-213)
    Location: In messages from House     		Track This Bill
    H 5505 (er) Department of Financial Services Government Operations Appropriations Subcommittee Compare Last Action: 5/9/2013 H Veto Message transmitted to Secretary of State
    Location: Vetoed by Governor     		Track This Bill
    S 676 Workers’ Compensation Certificate-of-exemption Process Smith Compare Last Action: 3/8/2012 S Laid on Table, companion bill(s) passed, see CS/HB 941 (Ch. 2012-213) -SJ 1066
    Location: Laid on Table     		Track This Bill
    S 1428 (c2) Insurance Smith Compare Last Action: 3/9/2012 S Laid on Table, companion bill(s) passed, see CS/HB 941 (Ch. 2012-213) -SJ 1175
    Location: Laid on Table     		Track This Bill

    Citations - Statutes (8)

    Citation Catchline Location in Bill Location In Bill Help
    440.02 Definitions. Page 2 (pdf)
    440.05 Election of exemption; revocation of election; notice; certification. Page 4 (pdf), Page 6 (pdf)
    440.107 Department powers to enforce employer compliance with coverage requirements. Page 7 (pdf)
    624.307 General powers; duties. Page 8 (pdf)
    627.215 Excessive profits for workers’ compensation, employer’s liability, commercial property, and commercial casualty insurance prohibited. Page 8 (pdf)
    627.4133 Notice of cancellation, nonrenewal, or renewal premium. Page 15 (pdf)
    627.442 Insurance contracts. Page 16 (pdf)
    628.6017 Converting assessable mutual insurer. Page 17 (pdf)

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  • CS/HB 941, Committee Substitute 1 Posted 1/26/2012 at 2:51 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1428 (c2) Insurance Smith Compare Last Action: 3/9/2012 S Laid on Table, companion bill(s) passed, see CS/HB 941 (Ch. 2012-213) -SJ 1175
    Location: Laid on Table     		Track This Bill

    Floor Amendments (2)

    Amendment Sponsor Filed Last Floor Action Format
    742128 - Amendment
    Between lines 29 and 30 insert:     		Smith 3/9/2012
    10:33 AM
    (Late Filed)     		Senate: Withdrawn
    3/9/2012     		Web Page
    PDF
    920488 - Amendment (Delete All)
    Delete everything after the enacting clause and insert:     		Smith 3/9/2012
    9:31 AM
    (Late Filed)     		House: Concur
    3/9/2012     		Web Page
    PDF

    Floor Votes (3)

    Date Chamber Result
    2/16/2012 3:22 PM House 119 Yeas - 0 Nays
    3/9/2012 11:41 AM Senate 40 Yeas - 0 Nays
    3/9/2012 4:08 PM House 99 Yeas - 16 Nays

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    627.4133 Notice of cancellation, nonrenewal, or renewal premium. Page 1 (pdf)

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  • HB 941, Original Filed Version Posted 12/7/2011 at 11:40 AM

    Bill Text:   Web Page | PDF
    Analyses:   Insurance and Banking Subcommittee (Post-Meeting) 5/7/2012 (pdf)
    Economic Affairs Committee (Post-Meeting) 1/26/2012 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1428 Renewal of a Commercial Lines Insurance Policy Smith Similar Last Action: 3/9/2012 S Laid on Table, companion bill(s) passed, see CS/HB 941 (Ch. 2012-213) -SJ 1175
    Location: Laid on Table     		Track This Bill

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    145657 - Strike All Amendment
    Remove everything after the enacting clause and insert:     		Holder 1/24/2012
    6:52 PM     		Adopted without Objection
    1/25/2012     		PDF

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    627.4133 Notice of cancellation, nonrenewal, or renewal premium. Page 1 (pdf)

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