CS/HB 1007 (2011) -  Insurer Insolvency

General Bill by Insurance & Banking Subcommittee and Bernard and Julien and Cruz (CO-SPONSORS) Jones, M.; Nelson
Insurer Insolvency: Amends provisions relating to Insurance Capital Build-Up Incentive Program; provides for renegotiation of surplus notes issued before specified date; revises surplus requirements for assuming insurers in connection with reinsurance credits; provides for rehabilitation plans for title insurers; provides for surcharges on title insurance policies to collect amount needed to cover assessment for insolvent insurer; authorizes DFS to request appointment as ancillary receiver if necessary for obtaining records to adjudicate covered claims, etc.
Effective Date: July 1, 2011
Last Event: 06/27/11 Chapter No. 2011-226, companion bill(s) passed, see CS/CS/CS/SB 408 (Ch. 2011-39) on Monday, June 27, 2011 8:52 AM
Date Available for Final Passage: Tuesday, May 03, 2011 6:45 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/CS/HB 803 Subject: Property and Casualty Insurance Relationship: Compare
Bill #: CS/CS/HB 1229 Subject: Title Insurance Relationship: Compare
Bill #: CS/CS/CS/SB 408 Subject: Property and Casualty Insurance Relationship: Compare
Bill #: CS/CS/SB 1568 Subject: Insurer Insolvency Relationship: Compare

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Final Bill Analysis 6/28/2011 2:12:53 PM
Chamber: House Committee: Economic Affairs Committee 4/1/2011 1:10:38 PM
Chamber: House Committee: Economic Affairs Committee 3/29/2011 5:48:40 PM
Chamber: House Committee: Insurance & Banking Subcommittee 3/24/2011 5:06:27 PM
Chamber: House Committee: Insurance & Banking Subcommittee 3/22/2011 4:51:49 PM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: House Date: 04/29/2011 06:45 PM   Yeas: 115 Nays: 0 Action: Passage Action 2: Vote Detail: Vote [Seq# 421] Barcode:
Chamber: Senate Date: 05/02/2011 10:28 AM   Yeas: 34 Nays: 0 Action: Action 2: Vote Detail: Vote [Seq# 24] Barcode:

Bill History

Event Time Member Committee Ver.
Event: Chapter No. 2011-226, companion bill(s) passed, see CS/CS/CS/SB 408 (Ch. 2011-39) Time: 06/27/2011 - 8:52 AM Member: Committee: Version: er
Event: Approved by Governor Time: 06/24/2011 - 6:54 AM Member: Committee: Version: er
Event: Signed by Officers and presented to Governor Time: 06/09/2011 - 12:17 PM Member: Committee: Version: er
Event: S Read 3rd time -SJ 639 Time: 05/02/2011 - 11:30 AM Member: Committee: Version: e1
Event: H Ordered enrolled Time: 05/02/2011 - 11:21 AM Member: Committee: Version: e1
Event: H In Messages Time: 05/02/2011 - 11:21 AM Member: Committee: Version: e1
Event: S CS passed; YEAS 34 NAYS 0 -SJ 639 Time: 05/02/2011 - 10:28 AM Member: Committee: Version: e1
Event: S Placed on Calendar, on 2nd reading Time: 05/02/2011 - 10:28 AM Member: Committee: Version: e1
Event: S Received -SJ 718 Time: 05/02/2011 - 10:27 AM Member: Committee: Version: e1
Event: S Read 2nd time -SJ 639 Time: 05/02/2011 - 10:27 AM Member: Committee: Version: e1
Event: S Substituted for CS/CS/SB 1568 -SJ 639 Time: 05/02/2011 - 10:27 AM Member: Committee: Version: e1
Event: S Withdrawn from Banking and Insurance; Budget; Rules -SJ 639 Time: 05/02/2011 - 10:27 AM Member: Committee: Version: e1
Event: S Referred to Banking and Insurance; Budget; Rules -SJ 718 Time: 05/02/2011 - 10:27 AM Member: Committee: Version: e1
Event: S In Messages Time: 04/29/2011 - 10:20 PM Member: Committee: Version: e1
Event: H Message sent to senate Time: 04/29/2011 - 9:59 PM Member: Committee: Version: e1
Event: H Passage on third reading Time: 04/29/2011 - 6:46 PM Member: Committee: Version: c1
Event: H CS passed as amended; YEAS 115, NAYS 0 Time: 04/29/2011 - 6:45 PM Member: Committee: Version: c1
Event: H Read 3rd time Time: 04/29/2011 - 6:45 PM Member: Committee: Version: c1
Event: H Amendment 642907 adopted Time: 04/29/2011 - 6:45 PM Member: Committee: Version: c1
Event: H Amendment 970025 adopted Time: 04/29/2011 - 6:44 PM Member: Committee: Version: c1
Event: H Read 2nd time Time: 04/29/2011 - 6:43 PM Member: Committee: Version: c1
Event: H Amendment 970025 filed Time: 04/28/2011 - 1:45 PM Member: Committee: Version: c1
Event: H Amendment 642907 filed Time: 04/28/2011 - 1:42 PM Member: Committee: Version: c1
Event: H Bill added to Special Order Calendar (4/29/2011) Time: 04/27/2011 - 8:20 PM Member: Committee: Version: c1
Event: H Added to Second Reading Calendar Time: 04/01/2011 - 1:11 PM Member: Committee: Version: c1
Event: H Bill released to House Calendar Time: 04/01/2011 - 1:11 PM Member: Committee: Version: c1
Event: H Reported out of Economic Affairs Committee Time: 04/01/2011 - 1:11 PM Member: Committee: Economic Affairs Committee Version: c1
Event: H Favorable by Economic Affairs Committee Time: 03/31/2011 - 2:45 PM Member: Committee: Economic Affairs Committee Version: c1
Event: H Added to Economic Affairs Committee agenda Time: 03/29/2011 - 4:04 PM Member: Committee: Economic Affairs Committee Version: c1
Event: H Now in Economic Affairs Committee Time: 03/25/2011 - 1:41 PM Member: Committee: Economic Affairs Committee Version: c1
Event: H Referred to Economic Affairs Committee Time: 03/25/2011 - 1:41 PM Member: Committee: Economic Affairs Committee Version: c1
Event: H 1st Reading Time: 03/24/2011 - 11:59 PM Member: Committee: Version: c1
Event: H CS Filed Time: 03/24/2011 - 5:07 PM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.19(a) Time: 03/24/2011 - 5:07 PM Member: Committee: Version: __
Event: H Reported out of Insurance & Banking Subcommittee Time: 03/24/2011 - 4:59 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Favorable with CS by Insurance & Banking Subcommittee Time: 03/23/2011 - 4:00 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H PCS added to Insurance & Banking Subcommittee agenda Time: 03/21/2011 - 4:13 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H 1st Reading Time: 03/08/2011 - 10:24 PM Member: Committee: Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 03/03/2011 - 9:48 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Economic Affairs Committee Time: 03/03/2011 - 9:48 AM Member: Committee: Economic Affairs Committee Version: __
Event: H Referred to Government Operations Appropriations Subcommittee Time: 03/03/2011 - 9:48 AM Member: Committee: Government Operations Appropriations Subcommittee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 03/03/2011 - 9:48 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Filed Time: 02/25/2011 - 7:41 AM Member: Bernard Committee: Version: __