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CS/SB 496: Insurance Guaranty Associations

GENERAL BILL by Banking and Insurance ; Rader ; (CO-INTRODUCERS) Rouson

Insurance Guaranty Associations; Authorizing an employee of the Florida Insurance Guaranty Association or an employee of a guaranty association of another state to adjust losses for the Florida Insurance Guaranty Association if certain conditions are met; revising requirements for the Office of Insurance Regulation in levying assessments on workers’ compensation insurers; requiring such insurers to recoup the assessments by applying a certain surcharge percentage to certain policies, etc.

Effective Date: 7/1/2019
Last Action: 5/3/2019 Senate - Died in Appropriations
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    1/24/2019 Senate • Filed
    2/8/2019 Senate • Referred to Banking and Insurance; Appropriations Subcommittee on Agriculture, Environment, and General Government; Appropriations -SJ 67
    2/25/2019 Senate • On Committee agenda-- Banking and Insurance, 03/04/19, 3:30 pm, 412 Knott Building
    3/4/2019 Senate • CS by Banking and Insurance; YEAS 6 NAYS 0 -SJ 158
    3/5/2019 Senate • Introduced -SJ 67
    • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    3/7/2019 Senate • Now in Appropriations Subcommittee on Agriculture, Environment, and General Government
    • CS by Banking and Insurance read 1st time -SJ 190
    3/14/2019 Senate • On Committee agenda-- Appropriations Subcommittee on Agriculture, Environment, and General Government, 03/19/19, 10:00 am, 110 Senate Building
    3/19/2019 Senate • Subcommittee Recommendation: Favorable by Appropriations Subcommittee on Agriculture, Environment, and General Government; YEAS 9 NAYS 0 -SJ 257
    3/20/2019 Senate • Now in Appropriations
    4/18/2019 Senate • On Committee agenda-- Appropriations, 04/18/19, 9:00 am, 412 Knott Building --Not Considered
    5/3/2019 Senate • Indefinitely postponed and withdrawn from consideration
    • Died in Appropriations

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  • CS/SB 496, Committee Substitute 1 (Current Bill Version) Posted 3/5/2019 at 11:59 AM

    Bill Text:   Web Page | PDF
    Analyses:   Appropriations Subcommittee on Agriculture, Environment, and General Government (Pre-Meeting) 3/20/2019 (pdf)
    Appropriations Subcommittee on Agriculture, Environment, and General Government (Post-Meeting) 3/20/2019 (pdf)
    Appropriations (Pre-Meeting) 4/17/2019 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 429 (c2) Insurance Guaranty Associations Insurance and Banking Subcommittee Identical Last Action: 5/3/2019 S Died in Banking and Insurance

    Committee Votes (1)

    Date Committee Result
    3/19/2019 10:00 AM Appropriations Subcommittee on Agriculture, Environment, and General Government 9 Yeas - 0 Nays

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    626.8621 Page 1 (pdf)
    631.914 Assessments. Page 2 (pdf)

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  • SB 496, Original Filed Version Posted 1/24/2019 at 9:52 AM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 3/1/2019 (pdf)
    Banking and Insurance (Post-Meeting) 3/5/2019 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 429 (c1) Insurance Guaranty Associations Insurance and Banking Subcommittee Similar Last Action: 5/3/2019 S Died in Banking and Insurance

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    308964 - Amendment (Delete All)
    Delete everything after the enacting clause and insert:
    Banking and Insurance
    (Rader)
    3/1/2019
    10:28 AM
    Replaced by Committee Substitute
    3/4/2019
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/4/2019 3:30 PM Banking and Insurance 6 Yeas - 0 Nays

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    631.576 Page 1 (pdf)
    631.914 Assessments. Page 2 (pdf)

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