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FL H0335

FL H0335
Property and Casualty Insurance Rates and Forms


summary

Introduced
In Committee
Crossed Over
Passed
Dead

Introduced Session

2013 Regular Session

Bill Summary

Exempts medical malpractice insurance that covers certain providers & practitioners from specified rate filing requirements; revises provisions relating to notification of rate changes to codify certain amendments made in 2011 & makes editorial changes; provides for informational filing of certain forms that are exempt from OIR's approval process; requires informational filing to include notarized certification from insurer & provides statement that must be included in certification; authorizes office to require prior review & approval of form that is not in compliance; requires Notice of Change In Policy Terms form to be filed with changed renewal policy; provides for construction & applicability.

AI Summary

This bill modifies regulations for property and casualty insurance rates and forms, notably exempting medical malpractice insurance for certain providers and facilities from specific rate filing requirements, while also codifying previous amendments regarding notification of rate changes and making editorial adjustments. It introduces a new process for informational filing of certain insurance forms that are exempt from the Office of Insurance Regulation's (OIR) prior approval, requiring a notarized certification from the insurer attesting to compliance with state laws and rules, and allowing the OIR to request prior review if a form is found to be non-compliant. Additionally, the bill mandates that a "Notice of Change In Policy Terms" form must be filed with a changed renewal policy, and clarifies the construction and applicability of these provisions.

Committee Categories

Budget and Finance, Business and Industry, Government Affairs

Sponsors (2)

Other Sponsors (2)

Insurance and Banking Subcommittee (House), Regulatory Affairs Committee (House)

Last Action

Laid on Table, companion bill(s) passed, see CS/CS/SB 468 (Ch. 2013-66) (on 04/29/2013)

bill text


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