CS/CS/SB 1308 (2014) -  Insurer Solvency

General Bill by Judiciary and Banking and Insurance and Simmons
Insurer Solvency: Providing additional definitions applicable to the Florida Insurance Code; clarifying that production of documents does not waive the attorney-client or work-product privileges; requiring an insurer’s annual statement to include an actuarial opinion summary; revising the Standard Valuation Law and the Standard Nonforfeiture Law; providing for the groupwide supervision of international insurance groups, etc.
SB Substituted for CS/CS/HB 1271 By Regulatory Affairs Committee and Insurance & Banking Subcommittee and Ingram
Effective Date: Except as otherwise expressly provided in this act, this act shall take effect October 1, 2014
Last Event: 06/13/14 Chapter No. 2014-101, companion bill(s) passed, see CS/CS/SB 1300 (Ch. 2014-100) on Friday, June 13, 2014 2:13 PM

Referred Committees and Committee Actions

Senate Referrals

  • Banking and Insurance
    • On agenda for: 03/11/14 4:00 PM
    • Favorable With Committee Substitute (final action) Votes: Yeas 9   Nays 0
  • Judiciary
    • On agenda for: 03/25/14 9:00 AM
    • Favorable With Committee Substitute (final action) Votes: Yeas 9   Nays 0
  • Rules
    • On agenda for: 04/09/14 4:00 PM
    • Favorable (final action) Votes: Yeas 13   Nays 0

Related Bills

Bill # Subject Relationship
Bill #: CS/CS/SB 1300 Subject: Public Records/Office of Insurance Regulation Relationship: Linked
Bill #: CS/CS/HB 1271 Subject: Insurer Solvency Relationship: Similar
Bill #: HB 471 Subject: Insurance Relationship: Compare
Bill #: CS/CS/HB 565 Subject: Insurance Relationship: Compare
Bill #: CS/CS/HB 1273 Subject: Pub. Rec./Proprietary Business Information/OIR Relationship: Compare
Bill #: CS/CS/SB 1260 Subject: Insurance Relationship: Compare

Bill Text

  • Enrolled
  • Committee Substitute 2
  • Committee Substitute 1
    • A 774566 , Judiciary, Richter Date Filed: 03/24/14, Line#: 311 Senate(c): Replaced by Committee Substitute 03/26/2014 01:16 PM
    • A 381568 , Judiciary, Richter Date Filed: 03/24/14, Line#: 1365 Senate(c): Replaced by Committee Substitute 03/26/2014 01:16 PM
  • Original Filed Version
    • A 416922 , Banking and Insurance, Simmons Date Filed: 03/10/14, Line#: 324 Senate(c): Replaced by Committee Substitute 03/11/2014 06:41 PM
    • A 919650 , Banking and Insurance, Simmons Date Filed: 03/10/14, Line#: 523 Senate(c): Replaced by Committee Substitute 03/11/2014 06:41 PM
    • A 510388 , Banking and Insurance, Simmons Date Filed: 03/10/14, Line#: 843 Senate(c): Replaced by Committee Substitute 03/11/2014 06:41 PM
    • A 208360 , Banking and Insurance, Simmons Date Filed: 03/10/14, Line#: 1360 Senate(c): Replaced by Committee Substitute 03/11/2014 06:41 PM
    • A 605142 , Banking and Insurance, Simmons Date Filed: 03/10/14, Line#: 1435 Senate(c): Replaced by Committee Substitute 03/11/2014 06:41 PM
    • A 277336 , Banking and Insurance, Simmons Date Filed: 03/10/14, Line#: 1647 Senate(c): Replaced by Committee Substitute 03/11/2014 06:41 PM

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Rules 4/9/2014 8:35:43 PM
Chamber: Senate Committee: Rules 4/8/2014 8:22:57 AM
Chamber: Senate Committee: Judiciary 3/26/2014 1:20:07 PM
Chamber: Senate Committee: Judiciary 3/24/2014 9:23:03 AM
Chamber: Senate Committee: Banking and Insurance 3/13/2014 2:35:52 PM
Chamber: Senate Committee: Banking and Insurance 3/10/2014 1:03:39 PM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: Senate Date: 04/24/2014 05:12 PM   Yeas: 37 Nays: 0 Action: Action 2: Vote Detail: Vote [Seq# 21] Barcode:
Chamber: House Date: 04/30/2014 02:40 PM   Yeas: 112 Nays: 1 Action: Action 2: Passage Vote Detail: Vote [Seq# 835] Barcode:

Bill History

Event Time Member Committee Ver.
Event: Chapter No. 2014-101, companion bill(s) passed, see CS/CS/SB 1300 (Ch. 2014-100) Time: 06/13/2014 - 2:13 PM Member: Committee: Version: er
Event: Approved by Governor Time: 06/13/2014 - 11:32 AM Member: Committee: Version: er
Event: Signed by Officers and presented to Governor Time: 06/05/2014 - 10:03 AM Member: Committee: Version: er
Event: S Ordered enrolled -SJ 880 Time: 04/30/2014 - 3:09 PM Member: Committee: Version: c2
Event: H CS passed; YEAS 112, NAYS 1 Time: 04/30/2014 - 2:40 PM Member: Committee: Version: c2
Event: H Read 3rd time Time: 04/30/2014 - 2:40 PM Member: Committee: Version: c2
Event: H Added to Third Reading Calendar Time: 04/29/2014 - 6:23 PM Member: Committee: Version: c2
Event: H Placed on 3rd reading Time: 04/29/2014 - 4:38 PM Member: Committee: Version: c2
Event: H Substituted for CS/CS/HB 1271 Time: 04/29/2014 - 4:38 PM Member: Committee: Version: c2
Event: H Read 2nd time Time: 04/29/2014 - 4:37 PM Member: Committee: Version: c2
Event: H 1st Reading Time: 04/28/2014 - 10:15 PM Member: Committee: Version: c2
Event: H Bill added to Special Order Calendar (4/29/2014) Time: 04/28/2014 - 8:33 PM Member: Committee: Version: c2
Event: H Bill referred to House Calendar Time: 04/28/2014 - 7:08 PM Member: Committee: Version: c2
Event: H In Messages Time: 04/25/2014 - 3:18 PM Member: Committee: Version: c2
Event: S CS passed; YEAS 37 NAYS 0 -SJ 614 Time: 04/24/2014 - 5:12 PM Member: Committee: Version: c2
Event: S Read 3rd time -SJ 614 Time: 04/24/2014 - 5:12 PM Member: Committee: Version: c2
Event: S Placed on 3rd reading Time: 04/23/2014 - 10:27 AM Member: Committee: Version: c2
Event: S Read 2nd time -SJ 537 Time: 04/23/2014 - 10:27 AM Member: Committee: Version: c2
Event: S Placed on Special Order Calendar, 04/23/14 Time: 04/11/2014 - 1:39 PM Member: Committee: Version: c2
Event: S Placed on Calendar, on 2nd reading -SJ 459 Time: 04/10/2014 - 9:21 AM Member: Committee: Version: c2
Event: S Favorable by- Rules; YEAS 13 NAYS 0 -SJ 459 Time: 04/09/2014 - 6:43 PM Member: Committee: Rules Version: c2
Event: S On Committee agenda-- Rules, 04/09/14, 4:00 pm, 110 Senate Office Building Time: 04/04/2014 - 2:25 PM Member: Committee: Rules Version: c2
Event: S On Committee agenda-- Rules, 04/02/14, 4:00 pm, 110 Senate Office Building --Not Considered Time: 03/28/2014 - 2:42 PM Member: Committee: Rules Version: c2
Event: S Now in Rules -SJ 336 Time: 03/27/2014 - 4:50 PM Member: Committee: Rules Version: c2
Event: S CS/CS by Judiciary read 1st time -SJ 348 Time: 03/26/2014 - 6:15 PM Member: Committee: Judiciary Version: c2
Event: S Pending reference review under Rule 4.7(2) - (Committee Substitute) Time: 03/26/2014 - 1:32 PM Member: Committee: Judiciary Version: c2
Event: S CS/CS by Judiciary; YEAS 9 NAYS 0 -SJ 336 Time: 03/25/2014 - 12:19 PM Member: Committee: Judiciary Version: c1
Event: S On Committee agenda-- Judiciary, 03/25/14, 9:00 am, 110 Senate Office Building Time: 03/20/2014 - 3:47 PM Member: Committee: Judiciary Version: c1
Event: S CS by Banking and Insurance read 1st time -SJ 254 Time: 03/17/2014 - 4:40 PM Member: Committee: Banking and Insurance Version: c1
Event: S Now in Judiciary -SJ 243 Time: 03/17/2014 - 10:49 AM Member: Committee: Judiciary Version: c1
Event: S Pending reference review under Rule 4.7(2) - (Committee Substitute) Time: 03/13/2014 - 2:58 PM Member: Committee: Banking and Insurance Version: c1
Event: S CS by Banking and Insurance; YEAS 9 NAYS 0 -SJ 243 Time: 03/11/2014 - 6:47 PM Member: Committee: Banking and Insurance Version: __
Event: S On Committee agenda-- Banking and Insurance, 03/11/14, 4:00 pm, 110 Senate Office Building Time: 03/06/2014 - 2:51 PM Member: Committee: Banking and Insurance Version: __
Event: S Introduced -SJ 106 Time: 03/04/2014 - 8:47 PM Member: Committee: Version: __
Event: S Referred to Banking and Insurance; Judiciary; Rules -SJ 106 Time: 03/04/2014 - 10:18 AM Member: Committee: Banking and Insurance Version: __
Event: S Filed Time: 02/26/2014 - 8:45 AM Member: Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
624.10 CS/CS/HB 1271
624.319 CS/CS/HB 1271
624.402 CS/CS/HB 1271
624.4085 CS/CS/HB 1271
624.424 SB 610, HB 1127, CS/CS/HB 1271
625.121 CS/CS/HB 1271
625.1212 CS/CS/HB 1271
625.1214 CS/CS/HB 1271
627.476 CS/CS/HB 1271
628.461 HB 471, CS/CS/HB 565, CS/CS/SB 1260, CS/CS/HB 1271
628.801 CS/CS/HB 1271
628.803 CS/CS/HB 1271
628.804 CS/CS/HB 1271
628.805 CS/CS/HB 1271
636.045 CS/CS/HB 1271
641.225 CS/CS/HB 1271
641.255 CS/CS/HB 1271