summary
Introduced
01/22/2019
01/22/2019
In Committee
04/04/2019
04/04/2019
Crossed Over
04/03/2019
04/03/2019
Passed
Dead
05/03/2019
05/03/2019
Introduced Session
2019 Regular Session
Bill Summary
Removes price cap on per-policy fees that surplus lines agents may charge for certain policies; removes requirement that surplus line agents file affidavit with Florida Surplus Lines Service Office; revises requirements for surplus lines agents' tax remittance to Florida Surplus Lines Service Office.
AI Summary
This bill amends several sections of the Florida Statutes related to the nonadmitted insurance market. It removes the price cap on per-policy fees that surplus lines agents may charge for certain policies, removes the requirement for surplus line agents to file an affidavit with the Florida Surplus Lines Service Office, and revises the requirements for surplus lines agents' tax remittance to the Florida Surplus Lines Service Office. The bill also extends the expiration date for a provision that allows surplus lines agents to export flood coverage contracts or endorsements to eligible surplus lines insurers without making a diligent effort to seek such coverage from three or more authorized insurers.
Committee Categories
Business and Industry
Sponsors (2)
Other Sponsors (1)
Insurance and Banking Subcommittee (House)
Last Action
Died in Banking and Insurance, companion bill(s) passed, see CS/CS/CS/HB 301 (Ch. 2019-108) (on 05/03/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.flsenate.gov/Session/Bill/2019/387 |
| Bill | https://www.flsenate.gov/Session/Bill/2019/387/BillText/c1/PDF |
| House Committee Amendment #786711 | https://www.flsenate.gov/Session/Bill/2019/387/Amendment/786711/PDF |
| Bill | https://www.flsenate.gov/Session/Bill/2019/387/BillText/Filed/PDF |
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