CS/HB 1191 (2013) -  Captive Insurance

General Bill by Insurance & Banking Subcommittee and Nelson
Captive Insurance: Revises terminology; prohibits industrial insured captive insurance company from insuring risks other than specified risks; authorizes licensure of industrial insured captive insurance companies to provide workers' compensation & employer's liability insurance in excess of specified amount; requires industrial insured captive insurance company to maintain certain amount of capital & surplus in order to continue to write excess workers' compensation; specifies certain duties or actions are responsibility of OIR; provides applicability of specified provisions to captive insurance companies & industrial insured captive insurance companies; requires pure captive insurance company to submit certain standards relating to risk management of controlled unaffiliated businesses to OIR for approval.
Effective Date: July 1, 2013
Last Event: Chapter No. 2013-209 on Monday, June 17, 2013 9:56 AM
Date Available for Final Passage: Tuesday, April 30, 2013 2:00 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/CS/SB 1408 Subject: Captive Insurance Relationship: Similar
Bill #: CS/CS/HB 635 Subject: Insurance Relationship: Compare
Bill #: CS/CS/SB 1046 Subject: Insurance Relationship: Compare

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Final Bill Analysis 7/16/2013 2:05:38 PM
Chamber: House Committee: Final Bill Analysis 5/17/2013 4:04:14 PM
Chamber: House Committee: Regulatory Affairs Committee 4/4/2013 5:03:11 PM
Chamber: House Committee: Regulatory Affairs Committee 4/2/2013 5:37:53 PM
Chamber: House Committee: Insurance & Banking Subcommittee 3/25/2013 3:39:09 PM
Chamber: House Committee: Insurance & Banking Subcommittee 3/17/2013 4:44:17 PM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: House Date: 04/29/2013 10:21 AM   Yeas: 116 Nays: 0 Action: Passage Action 2: Vote Detail: Vote [Seq# 312] Barcode:
Chamber: Senate Date: 04/29/2013 02:40 PM   Yeas: 38 Nays: 0 Action: Action 2: Vote Detail: Vote [Seq# 18] Barcode:

Bill History

Event Time Member Committee Ver.
Event: Chapter No. 2013-209 Time: 06/17/2013 - 9:56 AM Member: Committee: Version: er
Event: Approved by Governor Time: 06/14/2013 - 4:14 PM Member: Committee: Version: er
Event: Signed by Officers and presented to Governor Time: 06/10/2013 - 12:20 PM Member: Committee: Version: er
Event: H Ordered enrolled Time: 04/29/2013 - 4:48 PM Member: Committee: Version: e1
Event: H In Messages Time: 04/29/2013 - 4:48 PM Member: Committee: Version: e1
Event: S CS passed; YEAS 38 NAYS 0 -SJ 751 Time: 04/29/2013 - 2:40 PM Member: Committee: Version: e1
Event: S Read 3rd time -SJ 751 Time: 04/29/2013 - 2:40 PM Member: Committee: Version: e1
Event: S Read 2nd time -SJ 751 Time: 04/29/2013 - 2:40 PM Member: Committee: Version: e1
Event: S Substituted for CS/CS/SB 1408 -SJ 751 Time: 04/29/2013 - 2:39 PM Member: Committee: Version: e1
Event: S Placed on Calendar, on 2nd reading -SJ 751 Time: 04/29/2013 - 2:39 PM Member: Committee: Version: e1
Event: S Withdrawn from Banking and Insurance; Commerce and Tourism; Appropriations -SJ 751 Time: 04/29/2013 - 2:39 PM Member: Committee: Version: e1
Event: S Referred to Banking and Insurance; Commerce and Tourism; Appropriations -SJ 789 Time: 04/29/2013 - 2:39 PM Member: Committee: Version: e1
Event: S Received -SJ 789 Time: 04/29/2013 - 2:39 PM Member: Committee: Version: e1
Event: S In Messages Time: 04/29/2013 - 12:04 PM Member: Committee: Version: e1
Event: H Message sent to senate Time: 04/29/2013 - 12:02 PM Member: Committee: Version: e1
Event: H CS passed as amended; YEAS 116, NAYS 0 Time: 04/29/2013 - 10:21 AM Member: Committee: Version: e1
Event: H Passage on third reading Time: 04/29/2013 - 10:21 AM Member: Committee: Version: e1
Event: H Read 3rd time Time: 04/29/2013 - 10:21 AM Member: Committee: Version: e1
Event: H Added to Third Reading Calendar Time: 04/26/2013 - 6:19 PM Member: Committee: Version: e1
Event: H Placed on 3rd reading Time: 04/26/2013 - 2:00 PM Member: Committee: Version: c1
Event: H Amendment 607153 adopted Time: 04/26/2013 - 2:00 PM Member: Committee: Version: c1
Event: H Read 2nd time Time: 04/26/2013 - 1:59 PM Member: Committee: Version: c1
Event: H Amendment 607153 filed Time: 04/25/2013 - 1:25 PM Member: Committee: Version: c1
Event: H Bill added to Special Order Calendar (4/26/2013) Time: 04/24/2013 - 9:39 PM Member: Committee: Version: c1
Event: H Added to Second Reading Calendar Time: 04/04/2013 - 5:01 PM Member: Committee: Version: c1
Event: H Bill released to House Calendar Time: 04/04/2013 - 5:01 PM Member: Committee: Version: c1
Event: H Reported out of Regulatory Affairs Committee Time: 04/04/2013 - 5:01 PM Member: Committee: Regulatory Affairs Committee Version: c1
Event: H Favorable by Regulatory Affairs Committee Time: 04/04/2013 - 1:00 PM Member: Committee: Regulatory Affairs Committee Version: c1
Event: H Added to Regulatory Affairs Committee agenda Time: 04/02/2013 - 4:13 PM Member: Committee: Regulatory Affairs Committee Version: c1
Event: H Now in Regulatory Affairs Committee Time: 03/26/2013 - 5:16 PM Member: Committee: Regulatory Affairs Committee Version: c1
Event: H Referred to Regulatory Affairs Committee Time: 03/26/2013 - 5:16 PM Member: Committee: Regulatory Affairs Committee Version: c1
Event: H 1st Reading Time: 03/25/2013 - 5:38 PM Member: Committee: Version: c1
Event: H CS Filed Time: 03/25/2013 - 3:52 PM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.19(a) Time: 03/25/2013 - 3:52 PM Member: Committee: Version: __
Event: H Reported out of Insurance & Banking Subcommittee Time: 03/25/2013 - 3:39 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Favorable with CS by Insurance & Banking Subcommittee Time: 03/19/2013 - 3:30 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H PCS added to Insurance & Banking Subcommittee agenda Time: 03/15/2013 - 4:10 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 03/06/2013 - 10:31 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Regulatory Affairs Committee Time: 03/06/2013 - 10:31 AM Member: Committee: Regulatory Affairs Committee Version: __
Event: H Referred to Government Operations Appropriations Subcommittee Time: 03/06/2013 - 10:31 AM Member: Committee: Government Operations Appropriations Subcommittee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 03/06/2013 - 10:31 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H 1st Reading Time: 03/05/2013 - 11:59 PM Member: Committee: Version: __
Event: H Filed Time: 03/01/2013 - 10:10 AM Member: Nelson Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
628.901 CS/CS/HB 635, CS/CS/SB 1046, CS/CS/SB 1408
628.905 CS/CS/SB 1046*, CS/CS/SB 1408
628.907 CS/CS/SB 1046*, CS/CS/SB 1408
628.909 CS/CS/HB 635, CS/CS/SB 1046, CS/CS/SB 1408, SB 1888
628.9142 CS/CS/SB 1046*, CS/CS/SB 1408
628.915 CS/CS/SB 1046*, CS/CS/SB 1408
628.917 CS/CS/SB 1046*, CS/CS/SB 1408
628.919 CS/CS/SB 1046*, CS/CS/SB 1408

(*) Not the latest version