summary
Introduced
03/02/2014
03/02/2014
In Committee
03/11/2014
03/11/2014
Crossed Over
Passed
Dead
05/02/2014
05/02/2014
Introduced Session
2014 Regular Session
Bill Summary
Clarifies that production of documents does not waive attorney client or work-product privileges; revises provisions relating to mandatory control level events; revises provisions relating to insurer's annual statement; revises Standard Valuation Law; revises methods for evaluating valuation of industrial life insurance policies; revises provisions relating to calculating additional premium; requires OIR to value insurer reserves; directs FSC to adopt rules; revises Standard Nonforfeiture Law; revises amount of outstanding voting securities of domestic stock insurer or controlling company which person is prohibited from acquiring; deletes provision authorizing insurer to file disclaimer of affiliation & control in lieu of letter notifying OIR of FSC of acquisition of voting securities of domestic stock company; requires insurer to annually file registration statement by specified date; requires insurer to file annual enterprise risk report; authorizes OIR to assess fees on insurers for certain purposes; applying certain statutes related to solvency to prepaid limited health service organizations & HMOs.
Committee Categories
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 1308 (Ch. 2014-101), CS/CS/SB 1300 (Ch. 2014-100) (on 04/29/2014)
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 | http://www.flsenate.gov/Session/Bill/2014/1271 |
| Bill | http://www.flsenate.gov/Session/Bill/2014/1271/BillText/c2/PDF |
| House Committee Amendment #588757 | http://www.flsenate.gov/Session/Bill/2014/1271/Amendment/588757/PDF |
| House Committee Amendment #039573 | http://www.flsenate.gov/Session/Bill/2014/1271/Amendment/039573/PDF |
| Bill | http://www.flsenate.gov/Session/Bill/2014/1271/BillText/c1/PDF |
| House Committee Amendment #767747 | http://www.flsenate.gov/Session/Bill/2014/1271/Amendment/767747/PDF |
| House Committee Amendment #651045 | http://www.flsenate.gov/Session/Bill/2014/1271/Amendment/651045/PDF |
| House Committee Amendment #767377 | http://www.flsenate.gov/Session/Bill/2014/1271/Amendment/767377/PDF |
| House Committee Amendment #503421 | http://www.flsenate.gov/Session/Bill/2014/1271/Amendment/503421/PDF |
| Bill | http://www.flsenate.gov/Session/Bill/2014/1271/BillText/Filed/PDF |
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