CS/HB 695 (2016) -  Title Insurance

General Bill by Regulatory Affairs Committee and Boyd
Title Insurance: Revises reserves that certain title insurers must set aside after certain date; revises manner in which reserves must be released; revises reserve requirements for title insurer who transfers domicile to this state; requires calculation of adjusted statutory premium reserve; requires increases to statutory premium reserves under certain circumstances; authorizes release of reserves to surplus in certain circumstances.
Effective Date: July 1, 2016
Last Event: Chapter No. 2016-57 on Thursday, March 10, 2016 6:43 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/CS/SB 940 Subject: Title Insurance Relationship: Similar
Bill #: HB 831 Subject: Title Insurance Reserve Relationship: Compare
Bill #: SB 622 Subject: Title Insurance Reserve Relationship: Compare

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Final Bill Analysis 3/11/2016 2:11:38 PM
Chamber: House Committee: Final Bill Analysis 3/9/2016 10:51:19 AM
Chamber: House Committee: Regulatory Affairs Committee 1/23/2016 12:27:02 PM
Chamber: House Committee: Regulatory Affairs Committee 1/12/2016 4:38:18 PM
Chamber: House Committee: Insurance & Banking Subcommittee 12/4/2015 7:41:29 AM
Chamber: House Committee: Insurance & Banking Subcommittee 11/30/2015 1:42:43 PM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: House Date: 02/03/2016 07:29 PM   Yeas: 119 Nays: 0 Action: Action 2: Passage Vote Detail: Vote [Seq# 528] Barcode:
Chamber: Senate Date: 03/02/2016 01:18 PM   Yeas: 37 Nays: 0 Action: Action 2: Vote Detail: Vote [Seq# 20] Barcode:

Bill History

Event Time Member Committee Ver.
Event: Chapter No. 2016-57 Time: 03/10/2016 - 6:43 PM Member: Committee: Version: er
Event: Approved by Governor Time: 03/10/2016 - 2:43 PM Member: Committee: Version: er
Event: Signed by Officers and presented to Governor Time: 03/03/2016 - 4:11 PM Member: Committee: Version: er
Event: H Ordered enrolled Time: 03/02/2016 - 1:54 PM Member: Committee: Version: c1
Event: H In Messages Time: 03/02/2016 - 1:54 PM Member: Committee: Version: c1
Event: S CS passed; YEAS 37 NAYS 0 -SJ 550 Time: 03/02/2016 - 1:18 PM Member: Committee: Version: c1
Event: S Read 3rd time -SJ 549 Time: 03/02/2016 - 1:17 PM Member: Committee: Version: c1
Event: S Placed on 3rd reading Time: 02/24/2016 - 5:49 PM Member: Committee: Version: c1
Event: S Read 2nd time -SJ 493 Time: 02/24/2016 - 5:49 PM Member: Committee: Version: c1
Event: S Substituted for CS/CS/SB 940 -SJ 493 Time: 02/24/2016 - 5:49 PM Member: Committee: Version: c1
Event: S Placed on Calendar, on 2nd reading -SJ 493 Time: 02/24/2016 - 5:49 PM Member: Committee: Version: c1
Event: S Withdrawn from Banking and Insurance; Commerce and Tourism; Fiscal Policy -SJ 493 Time: 02/24/2016 - 5:49 PM Member: Committee: Banking and Insurance Version: c1
Event: S Received -SJ 351 Time: 02/10/2016 - 9:52 PM Member: Committee: Version: c1
Event: S Referred to Banking and Insurance; Commerce and Tourism; Fiscal Policy -SJ 351 Time: 02/10/2016 - 7:49 PM Member: Committee: Banking and Insurance Version: c1
Event: S In Messages Time: 02/10/2016 - 7:24 PM Member: Committee: Version: c1
Event: H Message sent to senate Time: 02/10/2016 - 7:22 PM Member: Committee: Version: c1
Event: H CS passed; YEAS 119, NAYS 0 Time: 02/03/2016 - 7:29 PM Member: Committee: Version: c1
Event: H Read 3rd time Time: 02/03/2016 - 7:29 PM Member: Committee: Version: c1
Event: H Added to Third Reading Calendar Time: 02/02/2016 - 10:02 PM Member: Committee: Version: c1
Event: H Placed on 3rd reading Time: 02/02/2016 - 9:16 PM Member: Committee: Version: c1
Event: H Read 2nd time Time: 02/02/2016 - 9:15 PM Member: Committee: Version: c1
Event: H Bill added to Special Order Calendar (2/2/2016) Time: 01/29/2016 - 12:10 PM Member: Committee: Version: c1
Event: H Added to Second Reading Calendar Time: 01/26/2016 - 3:38 PM Member: Committee: Version: c1
Event: H Bill referred to House Calendar Time: 01/26/2016 - 3:38 PM Member: Committee: Version: c1
Event: H 1st Reading Time: 01/25/2016 - 5:38 PM Member: Committee: Version: c1
Event: H CS Filed Time: 01/25/2016 - 9:03 AM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.19(a) Time: 01/25/2016 - 9:03 AM Member: Committee: Version: __
Event: H Reported out of Regulatory Affairs Committee Time: 01/23/2016 - 12:26 PM Member: Committee: Regulatory Affairs Committee Version: __
Event: H Favorable with CS by Regulatory Affairs Committee Time: 01/21/2016 - 5:23 PM Member: Committee: Regulatory Affairs Committee Version: __
Event: H Added to Regulatory Affairs Committee agenda Time: 01/19/2016 - 4:16 PM Member: Committee: Regulatory Affairs Committee Version: __
Event: H 1st Reading Time: 01/12/2016 - 8:37 PM Member: Committee: Version: __
Event: H Added to Regulatory Affairs Committee agenda Time: 01/12/2016 - 4:08 PM Member: Committee: Regulatory Affairs Committee Version: __
Event: H Now in Regulatory Affairs Committee Time: 12/04/2015 - 7:38 AM Member: Committee: Regulatory Affairs Committee Version: __
Event: H Reported out of Insurance & Banking Subcommittee Time: 12/04/2015 - 7:38 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Favorable by Insurance & Banking Subcommittee Time: 12/02/2015 - 3:51 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Added to Insurance & Banking Subcommittee agenda Time: 11/24/2015 - 4:06 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 11/23/2015 - 4:02 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Regulatory Affairs Committee Time: 11/23/2015 - 4:02 PM Member: Committee: Regulatory Affairs Committee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 11/23/2015 - 4:02 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Filed Time: 11/17/2015 - 1:27 PM Member: Boyd Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
625.111 SB 622, HB 831, CS/CS/SB 940