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CS/CS/SB 454: Regulation of Insurance Companies

GENERAL BILL by Appropriations ; Banking and Insurance ; Brandes

Regulation of Insurance Companies; Providing that a specified property information report, rather than a specified certification by an abstractor or a title company, may be submitted as part of certain information required in relation to the plat or replat of a subdivision; deleting a future repeal of an exemption of medical malpractice insurance premiums from certain emergency assessments by the State Board of Administration relating to the Florida Hurricane Catastrophe Fund; revising the allowable assets of insurers relating to specified levied assessments; providing that an electronically delivered document in an insurance policy meets formatting requirements for printed documents under certain conditions, etc.

Effective Date: Upon becoming a law
 Last Action: 5/4/2017 Senate - Laid on Table, companion bill(s) passed, see CS/HB 359 (Ch. 2017-132) -SJ 863
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Appropriations Subcommittee on General Government (AGG)
  3. Appropriations (AP)

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  • Bill History

    Date Chamber Action
    1/24/2017 Senate • Filed
    2/9/2017 Senate • Referred to Banking and Insurance; Appropriations Subcommittee on General Government; Appropriations; Rules -SJ 70
    2/27/2017 Senate • On Committee agenda-- Banking and Insurance, 03/06/17, 4:00 pm, 110 Senate Office Building
    3/6/2017 Senate • CS by Banking and Insurance; YEAS 7 NAYS 2 -SJ 168
    3/7/2017 Senate • Introduced -SJ 70
    3/8/2017 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    • Now in Appropriations Subcommittee on General Government -SJ 168
    • CS by Banking and Insurance read 1st time -SJ 169
    3/10/2017 Senate • On Committee agenda-- Appropriations Subcommittee on General Government, 03/15/17, 4:00 pm, 110 Senate Office Building
    3/15/2017 Senate • Subcommittee Recommendation: CS/CS by Appropriations Subcommittee on General Government; YEAS 9 NAYS 0 -SJ 234
    3/17/2017 Senate • Now in Appropriations -SJ 234
    3/31/2017 Senate • On Committee agenda-- Appropriations, 04/05/17, 10:00 am, 412 Knott Building
    4/5/2017 Senate • CS/CS by Appropriations; YEAS 17 NAYS 0 -SJ 331
    4/10/2017 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    4/11/2017 Senate • CS/CS by Appropriations read 1st time -SJ 334
    4/13/2017 Senate • Now in Rules -SJ 331
    4/28/2017 Senate • On Committee agenda-- Rules, 04/28/17, 10:30 am, 110 Senate Office Building --Not Considered
    5/3/2017 Senate • Withdrawn from Rules -SJ 750
    • Placed on Calendar, on 2nd reading
    • Placed on Special Order Calendar, 05/04/17
    5/4/2017 Senate • Read 2nd time -SJ 863
    • Substituted CS/HB 359 -SJ 863
    • Laid on Table, companion bill(s) passed, see CS/HB 359 (Ch. 2017-132) -SJ 863

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  • CS/CS/SB 454, Committee Substitute 2 (Current Bill Version) Posted 4/10/2017 at 8:36 AM

    Bill Text:   Web Page | PDF
    Analyses:   Rules (Pre-Meeting) 4/27/2017 (pdf)

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 359 (er) Regulation of Insurance Companies Santiago Similar Last Action: 6/26/2017 Chapter No. 2017-132 Track This Bill
    H 1259 Property Information Reports Leek Compare Last Action: 3/6/2017 H Withdrawn prior to introduction, companion bill(s) passed, see CS/HB 359 (Ch. 2017-132) -HJ 131 Track This Bill

    Committee Amendments (6)

    Amendment Sponsor Filed Last Committee Action Format
    756086 - Amendment
    Between lines 240 and 241 insert:     		Rules
    (Brandes)     		4/28/2017
    8:16 AM     		Withdrawn
    4/28/2017     		Web Page
    PDF
    144118 - Amendment
    Between lines 272 and 273 insert:     		Rules
    (Brandes)     		4/28/2017
    8:08 AM     		Withdrawn
    4/28/2017     		Web Page
    PDF
    833430 - Amendment
    Between lines 318 and 319 insert:     		Rules
    (Flores)     		4/28/2017
    7:44 AM     		Web Page
    PDF
    hierarchy 673396 - Substitute Amendment (833430)
    Between lines 318 and 319 insert:     		Rules
    (Flores)     		4/28/2017
    8:54 AM     		Web Page
    PDF
    169090 - Amendment
    Between lines 351 and 352 insert:     		Rules
    (Flores)     		4/28/2017
    7:03 AM     		Web Page
    PDF
    931854 - Amendment
    Between lines 430 and 431 insert:     		Rules
    (Brandes)     		4/27/2017
    8:38 PM     		Withdrawn
    4/28/2017     		Web Page
    PDF

    Citations - Statutes (13)

    Citation Catchline Location in Bill Location In Bill Help
    177.041 Boundary survey and title certification required. Page 2 (pdf)
    177.091 Plats made for recording. Page 3 (pdf)
    197.502 Application for obtaining tax deed by holder of tax sale certificate; fees. Page 3 (pdf)
    215.555 Florida Hurricane Catastrophe Fund. Page 5 (pdf)
    624.407 Surplus required; new insurers. Page 9 (pdf)
    624.424 Annual statement and other information. Page 10 (pdf)
    625.012 “Assets” defined. Page 11 (pdf)
    627.062 Rate standards. Page 12 (pdf)
    627.0645 Annual filings. Page 12 (pdf)
    627.4035 Cash payment of premiums; claims. Page 13 (pdf)
    627.421 Delivery of policy. Page 15 (pdf)
    627.7295 Motor vehicle insurance contracts. Page 15 (pdf)
    627.7843 Ownership and encumbrance reports. Page 15 (pdf)

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  • CS/SB 454, Committee Substitute 1 Posted 3/8/2017 at 3:12 PM

    Bill Text:   Web Page | PDF
    Analyses:   Appropriations Subcommittee on General Government (Pre-Meeting) 3/14/2017 (pdf)
    Appropriations Subcommittee on General Government (Post-Meeting) 3/17/2017 (pdf)
    Appropriations (Pre-Meeting) 4/4/2017 (pdf)
    Appropriations PCS 149870 (Pre-Meeting) 4/4/2017 (pdf)
    Appropriations (Post-Meeting) 4/7/2017 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 359 Insurance Santiago Similar Last Action: 6/26/2017 Chapter No. 2017-132 Track This Bill

    Proposed Committee Substitutes (1)

    PCS and Amendments Sponsor Filed Last Committee Action Format
    149870 - Proposed Committee Substitute Appropriations 3/17/2017
    4:35 PM     		Replaced by Committee Substitute
    4/6/2017    		 Web Page
    PDF
    hierarchy 528356 - Amendment (149870)
    Between lines 189 and 190 insert:     		Appropriations
    (Brandes)     		4/4/2017
    1:15 PM     		Replaced by Committee Substitute
    4/6/2017     		Web Page
    PDF
    hierarchy 118522 - Amendment (149870)
    Between lines 327 and 328 insert:     		Appropriations
    (Brandes)     		4/4/2017
    9:09 AM     		Replaced by Committee Substitute
    4/6/2017     		Web Page
    PDF
    hierarchy 957254 - Amendment to Amendment (118522)
    Delete line 26 and insert:     		Appropriations
    (Brandes)     		4/4/2017
    1:17 PM     		Replaced by Committee Substitute
    4/6/2017     		Web Page
    PDF

    Committee Amendments (3)

    Amendment Sponsor Filed Last Committee Action Format
    852682 - Amendment
    Between lines 153 and 154 insert:     		Appropriations Subcommittee on General Government
    (Brandes)     		3/15/2017
    1:17 PM
    (Late Filed)     		Replaced by Committee Substitute
    3/15/2017     		Web Page
    PDF
    714998 - Amendment
    Delete line 233 and insert:     		Appropriations Subcommittee on General Government
    (Rodriguez)     		3/15/2017
    2:05 PM
    (Late Filed)     		Replaced by Committee Substitute
    3/15/2017     		Web Page
    PDF
    296832 - Amendment
    Delete line 288 and insert:     		Appropriations Subcommittee on General Government
    (Brandes)     		3/15/2017
    2:36 PM
    (Late Filed)     		Withdrawn
    3/15/2017     		Web Page
    PDF

    Committee Votes (2)

    Date Committee Result
    3/15/2017 4:00 PM Appropriations Subcommittee on General Government 9 Yeas - 0 Nays
    4/5/2017 10:00 AM Appropriations 17 Yeas - 0 Nays

    Citations - Statutes (7)

    Citation Catchline Location in Bill Location In Bill Help
    215.555 Florida Hurricane Catastrophe Fund. Page 2 (pdf)
    625.012 “Assets” defined. Page 6 (pdf)
    627.062 Rate standards. Page 7 (pdf)
    627.0645 Annual filings. Page 7 (pdf)
    627.4035 Cash payment of premiums; claims. Page 8 (pdf)
    627.421 Delivery of policy. Page 10 (pdf)
    627.7295 Motor vehicle insurance contracts. Page 10 (pdf)

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  • SB 454, Original Filed Version Posted 1/24/2017 at 9:47 AM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 3/6/2017 (pdf)
    Banking and Insurance (Post-Meeting) 3/8/2017 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 359 Insurance Santiago Similar Last Action: 6/26/2017 Chapter No. 2017-132 Track This Bill

    Committee Amendments (3)

    Amendment Sponsor Filed Last Committee Action Format
    293744 - Amendment
    Between lines 178 and 179 insert:     		Banking and Insurance
    (Brandes)     		3/2/2017
    12:26 PM     		Replaced by Committee Substitute
    3/6/2017     		Web Page
    PDF
    976826 - Amendment
    Between lines 178 and 179 insert:     		Banking and Insurance
    (Brandes)     		3/6/2017
    11:13 AM     		Withdrawn
    3/6/2017     		Web Page
    PDF
    128686 - Amendment
    Delete lines 287 - 296.     		Banking and Insurance
    (Brandes)     		3/2/2017
    12:25 PM     		Replaced by Committee Substitute
    3/6/2017     		Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/6/2017 4:00 PM Banking and Insurance 7 Yeas - 2 Nays

    Citations - Statutes (8)

    Citation Catchline Location in Bill Location In Bill Help
    215.555 Florida Hurricane Catastrophe Fund. Page 2 (pdf)
    625.012 “Assets” defined. Page 6 (pdf)
    627.062 Rate standards. Page 7 (pdf)
    627.0645 Annual filings. Page 7 (pdf)
    627.4035 Cash payment of premiums; claims. Page 8 (pdf)
    627.421 Delivery of policy. Page 10 (pdf)
    627.7295 Motor vehicle insurance contracts. Page 10 (pdf)
    627.747 Page 10 (pdf)

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