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Bill > H0301

FL H0301

FL H0301
Insurance

summary

Introduced
01/16/2019
In Committee
04/18/2019
Crossed Over
04/18/2019
Passed
05/03/2019
Dead
Signed/Enacted/Adopted
06/18/2019

Introduced Session

2019 Regular Session

Bill Summary

Specifying the required reimbursement of loss adjustment expenses in reimbursement contracts between the State Board of Administration and property insurers under the Florida Hurricane Catastrophe Fund on or after a specified date; revising a criminal penalty for the submission, with certain intent, of an employer application for workers' compensation insurance coverage which contains false, misleading, or incomplete information; providing that certain sworn statements in such applications are not required to be notarized; providing right of contribution of certain liability insurers against other liability insurers for defense costs, etc.

AI Summary

This bill makes the following key changes: 1. Increases the loss adjustment expense reimbursement from 5% to 10% for property insurers under the Florida Hurricane Catastrophe Fund reimbursement contracts effective June 1, 2019 or later. 2. Revises the criminal penalty for submitting an employer application for workers' compensation insurance with false, misleading, or incomplete information from a second-degree to a third-degree felony, and removes the requirement for the sworn statements to be notarized. 3. Creates a right of contribution among liability insurers for defense costs incurred in defending an insured against the same claim, suit, or other action, with certain exceptions. 4. Makes various other changes related to motor vehicle titling, surplus lines insurance, and insurance claims handling procedures. Overall, the bill aims to address various insurance-related matters in Florida, including requirements for property insurers, workers' compensation coverage, and liability insurance.

Committee Categories

Business and Industry, Justice

Sponsors (1)

Other Sponsors (3)

Civil Justice Subcommittee (House), Commerce Committee (House), Insurance and Banking Subcommittee (House)

Last Action

Chapter No. 2019-108 (on 06/18/2019)
(10 Companion Bills)

bill text

bill summary

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bill summary

Document Type Source Location
State Bill Page https://www.flsenate.gov/Session/Bill/2019/301
Bill https://www.flsenate.gov/Session/Bill/2019/301/BillText/er/PDF
Bill https://www.flsenate.gov/Session/Bill/2019/301/BillText/e2/PDF
Bill https://www.flsenate.gov/Session/Bill/2019/301/BillText/e1/PDF
House Floor Amendment #742057 https://www.flsenate.gov/Session/Bill/2019/301/Amendment/742057/PDF
House Floor Amendment #514283 https://www.flsenate.gov/Session/Bill/2019/301/Amendment/514283/PDF
House Floor Amendment #702911 https://www.flsenate.gov/Session/Bill/2019/301/Amendment/702911/PDF
House Floor Substitue Amendment #670303 to Amendment (702911) https://www.flsenate.gov/Session/Bill/2019/301/Amendment/670303/PDF
Bill https://www.flsenate.gov/Session/Bill/2019/301/BillText/c3/PDF
Bill https://www.flsenate.gov/Session/Bill/2019/301/BillText/c2/PDF
House Committee Amendment #738311 https://www.flsenate.gov/Session/Bill/2019/301/Amendment/738311/PDF
House Committee Amendment #658153 to Amendment (873379) https://www.flsenate.gov/Session/Bill/2019/301/Amendment/658153/PDF
House Committee Amendment #653069 to Amendment (873379) https://www.flsenate.gov/Session/Bill/2019/301/Amendment/653069/PDF
House Committee Amendment #621725 https://www.flsenate.gov/Session/Bill/2019/301/Amendment/621725/PDF
House Committee Amendment #026789 https://www.flsenate.gov/Session/Bill/2019/301/Amendment/026789/PDF
House Committee Amendment #873379 https://www.flsenate.gov/Session/Bill/2019/301/Amendment/873379/PDF
Bill https://www.flsenate.gov/Session/Bill/2019/301/BillText/c1/PDF
Bill https://www.flsenate.gov/Session/Bill/2019/301/BillText/Filed/PDF
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