FL H1163 | 2016 | Regular Session

Status

Spectrum: Slight Partisan Bill (? 2-1)
Status: Introduced on January 6 2016 - 25% progression, died in chamber
Action: 2016-03-07 - Laid on Table, companion bill(s) passed, see CS/CS/SB 1422 (Ch. 2016-206), CS/CS/SB 1416 (Ch. 2016-205)
Text: Latest bill text (Comm Sub) [PDF]

Summary

Requires insurer to maintain risk management framework; provides requirements for preparation & submission of an own-risk & solvency assessment summary report; provides exemptions & waivers; requires certain insurers & members of an insurance group to prepare & submit corporate governance annual disclosure; requires initial corporate governance annual disclosure to be submitted to OIR by specified date; authorizes office to require an insurer or insurance group to provide corporate governance annual disclosure; specifies requirements for preparing & annually filing corporate governance annual disclosure; specifies privilege requirements & prohibitions for certain filings & related documents; authorizes OIR to retain third-party consultants for certain purposes; authorizes FSC to adopt rules; revises provisions relating to penalties to conform to act; provides for contingent repeal of act; provides for contingent effect.

Tracking Information

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Title

Insurer Regulatory Reporting

Sponsors


History

DateChamberAction
2016-03-07HouseLaid on Table, companion bill(s) passed, see CS/CS/SB 1422 (Ch. 2016-206), CS/CS/SB 1416 (Ch. 2016-205)
2016-03-07HouseSubstituted CS/CS/SB 1422
2016-03-04HousePlaced on Special Order Calendar, 03/07/16
2016-03-01HousePlaced on Calendar
2016-02-29HouseCS/CS by Regulatory Affairs Committee read 1st time
2016-02-29HousePending review of CS -under Rule 7.19(c)
2016-02-25HouseCS/CS by- Regulatory Affairs Committee; YEAS 14 NAYS 0
2016-02-23HouseOn Committee agenda-- Regulatory Affairs Committee, 02/25/16, 9:00 am, Sumner Hall
2016-02-16HouseNow in Regulatory Affairs Committee
2016-02-16HouseFavorable by Government Operations Appropriations Subcommittee; YEAS 12 NAYS 0
2016-02-12HouseOn Committee agenda-- Government Operations Appropriations Subcommittee, 02/16/16, 9:30 am, Morris Hall
2016-01-28HouseNow in Government Operations Appropriations Subcommittee
2016-01-27HouseCS by Insurance and Banking Subcommittee read 1st time
2016-01-27HousePending review of CS under Rule 7.19(c)
2016-01-25HouseCS by Insurance and Banking Subcommittee; YEAS 12 NAYS 0
2016-01-21HouseOn Committee agenda-- Insurance and Banking Subcommittee, 01/25/16, 12:30 pm, Sumner Hall
2016-01-13HouseReferred to Insurance and Banking Subcommittee; Government Operations Appropriations Subcommittee; Regulatory Affairs Committee
2016-01-12HouseIntroduced
2016-01-06HouseFiled

Same As/Similar To

H1165 (Related) 2016-03-07 - Laid on Table, companion bill(s) passed, see CS/CS/SB 1416 (Ch. 2016-205), CS/CS/SB 1422 (Ch. 2016-206)
S1422 (Similar To) 2016-04-08 - Chapter No. 2016-206, companion bill(s) passed, see CS/CS/SB 1416 (Ch. 2016-205)
S1416 (Similar To) 2016-04-08 - Chapter No. 2016-205, companion bill(s) passed, see CS/CS/SB 1422 (Ch. 2016-206)

Code Citations

ChapterArticleSectionCitation TypeStatute Text
6288015Amended CodeSee Bill Text
628803Amended CodeSee Bill Text

Florida State Sources


Bill Comments

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