Commerce Committee
Primary
Insolvent Insurers; Provides required factors to be used in determination & fixing of rates for premiums paid to insolvent insurers for specified coverages; authorizes insurers to elect not to recoup advance assessments paid to Florida Insurance Guaranty Association, Incorporated; provides calculations of insurers' assets under specified circumstances; revises provisions relating to payments of assessments & insurers' reconciliation reports to association; requires insurers to pay assessments to association, rather than to collect such assessments; specifies payments that certain insurers must make to association; requires insurers to treat insureds' failure to pay surcharges, rather than recoupment charges, as failure to pay premiums; provides that insurers are liable for surcharges & are not liable for uncollectible surcharges; removes requirement that insurers treat insureds' failure to pay emergency assessments as failure to pay premiums; revises provisions relating to insurers' collection of surcharges & payments of assessments to Florida Workers' Compensation Insurance Guaranty Association, Incorporated.
Chapter No. 2022-139
Approved by Governor
Signed by Officers and presented to Governor
CS passed; YEAS 36 NAYS 0
Read 3rd time
Read 2nd time
Substituted for CS/CS/SB 1430
Placed on Calendar, on 2nd reading
Ordered enrolled
In Messages
Withdrawn from Appropriations
Read 3rd time
Received
Referred to Appropriations
In Messages
CS passed; YEAS 116, NAYS 0
Read 2nd time
Added to Third Reading Calendar
Placed on 3rd reading
Bill added to Special Order Calendar (3/1/2022)
Added to Second Reading Calendar
Bill referred to House Calendar
1st Reading (Committee Substitute 1)
CS Filed
Laid on Table under Rule 7.18(a)
Reported out of Commerce Committee
Favorable with CS by Commerce Committee
Added to Commerce Committee agenda
Favorable by State Administration & Technology Appropriations Subcommittee
Now in Commerce Committee
Reported out of State Administration & Technology Appropriations Subcommittee
Added to State Administration & Technology Appropriations Subcommittee agenda
Reported out of Insurance & Banking Subcommittee
Now in State Administration & Technology Appropriations Subcommittee
Favorable by Insurance & Banking Subcommittee
Added to Insurance & Banking Subcommittee agenda
1st Reading (Original Filed Version)
Referred to Insurance & Banking Subcommittee
Now in Insurance & Banking Subcommittee
Referred to Commerce Committee
Referred to State Administration & Technology Appropriations Subcommittee
Filed
| Bill Text Versions | Format |
|---|---|
| H 1023 Filed | |
| H 1023 c1 | |
| H 1023 er |
| Document | Format |
|---|---|
| 557425 - Amendment to H 1023 Filed | |
| Bill Analysis -- Commerce Committee (Post-Meeting) (2/17/2022 6:05 PM) | |
| Bill Analysis -- State Administration and Technology Appropriations Subcommittee (Post-Meeting) (2/8/2022 1:20 PM) | |
| Bill Analysis -- Insurance and Banking Subcommittee (Post-Meeting) (5/26/2022 11:14 AM) |
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