CS/SB 758 (2014) -  Title Insurer Reserves

General Bill by Banking and Insurance and Lee
Title Insurer Reserves: Specifying that a title insurer is liable for all of its unpaid losses and claims; revising and specifying the reserves certain title insurers must set aside; specifying how such reserves will be released; specifying which state law governs the amount of the reserve when a title insurer transfers its domicile to this state, etc.
Effective Date: Upon becoming a law
Last Event: 05/01/14 S Laid on Table, companion bill(s) passed, see CS/CS/HB 321 (Ch. 2014-112), CS/CS/HB 805 (Ch. 2014-132) -SJ 938 on Thursday, May 1, 2014 11:36 AM

Referred Committees and Committee Actions

Senate Referrals

  • Banking and Insurance
    • On agenda for: 03/05/14 1:30 PM
    • Favorable With Committee Substitute (final action) Votes: Yeas 11   Nays 0
  • Commerce and Tourism
    • On agenda for: 03/31/14 4:00 PM
    • Favorable (final action) Votes: Yeas 8   Nays 0

Related Bills

Bill # Subject Relationship
Bill #: CS/CS/HB 321 Subject: Title Insurance Relationship: Compare
Bill #: CS/CS/HB 805 Subject: Title Insurer Reserves Relationship: Compare
Bill #: CS/CS/SB 570 Subject: Title Insurance Relationship: Compare

Bill Text

  • Committee Substitute 1
    • A 765596 , Lee Date Filed: 04/23/14, Line#: 16 Senate: Withdrawn 5/1/2014 10:39:23 AM
    • A 388264 , Lee Date Filed: 04/23/14, Line#: 225 Senate: No action 5/1/2014 1:32:28 PM
  • Original Filed Version
    • A 201870 , Banking and Insurance, Lee Date Filed: 03/03/14, Line#: 64 Senate(c): Replaced by Committee Substitute 03/05/2014 04:08 PM

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Commerce and Tourism 3/31/2014 5:18:28 PM
Chamber: Senate Committee: Commerce and Tourism 3/28/2014 4:54:21 PM
Chamber: Senate Committee: Banking and Insurance 3/6/2014 3:19:35 PM
Chamber: Senate Committee: Banking and Insurance 3/3/2014 3:43:04 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Laid on Table, companion bill(s) passed, see CS/CS/HB 321 (Ch. 2014-112), CS/CS/HB 805 (Ch. 2014-132) -SJ 938 Time: 05/01/2014 - 11:36 AM Member: Committee: Version: c1
Event: S Substituted CS/CS/HB 805 -SJ 938 Time: 05/01/2014 - 11:36 AM Member: Committee: Version: c1
Event: S Read 2nd time -SJ 938 Time: 05/01/2014 - 11:34 AM Member: Committee: Version: c1
Event: S Retained on Special Order Calendar -SJ 620 Time: 04/24/2014 - 6:00 PM Member: Committee: Version: c1
Event: S Placed on Special Order Calendar, 04/24/14 Time: 04/21/2014 - 5:45 PM Member: Committee: Version: c1
Event: S Placed on Calendar, on 2nd reading -SJ 355 Time: 04/01/2014 - 8:26 AM Member: Committee: Version: c1
Event: S Favorable by- Commerce and Tourism; YEAS 8 NAYS 0 -SJ 355 Time: 03/31/2014 - 4:50 PM Member: Committee: Commerce and Tourism Version: c1
Event: S On Committee agenda-- Commerce and Tourism, 03/31/14, 4:00 pm, 110 Senate Office Building Time: 03/26/2014 - 4:43 PM Member: Committee: Commerce and Tourism Version: c1
Event: S CS by Banking and Insurance read 1st time -SJ 223 Time: 03/10/2014 - 6:29 PM Member: Committee: Banking and Insurance Version: c1
Event: S Now in Commerce and Tourism -SJ 207 Time: 03/10/2014 - 2:40 PM Member: Committee: Commerce and Tourism Version: c1
Event: S Pending reference review under Rule 4.7(2) - (Committee Substitute) Time: 03/06/2014 - 4:15 PM Member: Committee: Banking and Insurance Version: c1
Event: S CS by Banking and Insurance; YEAS 11 NAYS 0 -SJ 207 Time: 03/05/2014 - 3:54 PM Member: Committee: Banking and Insurance Version: __
Event: S Introduced -SJ 61 Time: 03/04/2014 - 8:13 AM Member: Committee: Version: __
Event: S On Committee agenda-- Banking and Insurance, 03/05/14, 1:30 pm, 110 Senate Office Building Time: 02/28/2014 - 11:45 AM Member: Committee: Banking and Insurance Version: __
Event: S Referred to Banking and Insurance; Commerce and Tourism -SJ 61 Time: 02/06/2014 - 12:04 PM Member: Committee: Banking and Insurance Version: __
Event: S Filed Time: 01/27/2014 - 3:24 PM Member: Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
624.407 CS/CS/HB 321, CS/CS/SB 570, CS/CS/HB 805
624.408 CS/CS/HB 321, CS/CS/SB 570, CS/CS/HB 805
625.041 CS/CS/HB 321, CS/CS/SB 570, CS/CS/HB 805
625.111 CS/CS/HB 321, CS/CS/SB 570, CS/CS/HB 805