HB 1157 (2011) -  Insurance

by Jenne (CO-SPONSORS) Van Zant
Specifies that pt. II of ch. 501, F.S., Deceptive & Unfair Trade Practice Act, applies to business of insurance; provides that rate standards for medical malpractice insurance apply to separate affiliate of insurer; requires medical malpractice liability insurer to file surcharge or discount schedule with Director of OIR before applying certain rates or surcharges; requires OIR to consider certain factors in determining insurer's rate base; requires medical malpractice insurer to provide specified information when submitting rate filing; provides penalty; provides FSC with rulemaking authority; requires medical malpractice insurance rates to be approved by director of OIR after specified date; requires OIR to publish medical malpractice insurance rate comparison chart & to post chart on its Internet website; grants consumer advocate standing with regard to rate hearings; requires Director of OIR to hold rate hearing within specified period of time after receiving request for hearing; revises requirements for reporting professional liability claims & actions; provides fines.
Effective Date: July 1, 2011
Last Event: Died in Insurance & Banking Subcommittee on Saturday, May 7, 2011 2:07 AM

Related Bills

Staff Analysis

(None Available)

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died in Insurance & Banking Subcommittee Time: 05/07/2011 - 2:07 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Indefinitely postponed and withdrawn from consideration Time: 05/07/2011 - 12:01 AM Member: Committee: Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 03/14/2011 - 11:28 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Economic Affairs Committee Time: 03/14/2011 - 11:28 AM Member: Committee: Economic Affairs Committee Version: __
Event: H Referred to Government Operations Appropriations Subcommittee Time: 03/14/2011 - 11:28 AM Member: Committee: Government Operations Appropriations Subcommittee Version: __
Event: H Referred to Rulemaking & Regulation Subcommittee Time: 03/14/2011 - 11:28 AM Member: Committee: Rulemaking & Regulation Subcommittee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 03/14/2011 - 11:28 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H 1st Reading Time: 03/08/2011 - 10:24 PM Member: Committee: Version: __
Event: H Filed Time: 03/03/2011 - 12:54 PM Member: Jenne Committee: Version: __