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HB 329 (2020) -  Insurance Guaranty Associations

by Smith, D.
Authorizes employee of Florida Insurance Guaranty Association or employee of guaranty association of another state to adjust losses for Florida Insurance Guaranty Association if certain conditions are met; revises calculation of insurers' initial payments to association; revises requirements for OIR in levying workers' compensation insurers; provides that insurer's direct written premium may not be reduced by certain amounts for purposes of determining insurer assessments or policyholder surcharges; revises requirements for remitting policy surcharges & assessments; provides that assessments paid by insurers constitute advances of funds to Florida Workers’ Compensation Insurance Guaranty Association.
Effective Date: July 1, 2020
Last Event: Companion bill(s) passed, see SB 540 (Ch. 2020-54) on Tuesday, March 10, 2020 8:45 PM; HB Laid on Table

Referred Committees and Committee Actions

Related Bills

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Laid on Table; companion bill(s) passed, see SB 540 (Ch. 2020-54) Time: 03/10/2020 - 8:45 PM Member: Committee: Version: __
Event: H Added to Second Reading Calendar Time: 01/17/2020 - 12:09 PM Member: Committee: Version: __
Event: H Bill released to House Calendar Time: 01/17/2020 - 12:09 PM Member: Committee: Version: __
Event: H Reported out of Commerce Committee Time: 01/17/2020 - 12:09 PM Member: Committee: Commerce Committee Version: __
Event: H Favorable by Commerce Committee Time: 01/16/2020 - 5:54 PM Member: Committee: Commerce Committee Version: __
Event: H 1st Reading Time: 01/14/2020 - 11:19 PM Member: Committee: Version: __
Event: H Added to Commerce Committee agenda Time: 01/14/2020 - 4:07 PM Member: Committee: Commerce Committee Version: __
Event: H Now in Commerce Committee Time: 12/12/2019 - 8:47 AM Member: Committee: Commerce Committee Version: __
Event: H Reported out of Government Operations & Technology Appropriations Subcommittee Time: 12/12/2019 - 8:47 AM Member: Committee: Government Operations & Technology Appropriations Subcommittee Version: __
Event: H Favorable by Government Operations & Technology Appropriations Subcommittee Time: 12/11/2019 - 6:42 PM Member: Committee: Government Operations & Technology Appropriations Subcommittee Version: __
Event: H Added to Government Operations & Technology Appropriations Subcommittee agenda Time: 12/05/2019 - 3:35 PM Member: Committee: Government Operations & Technology Appropriations Subcommittee Version: __
Event: H Added to Government Operations & Technology Appropriations Subcommittee agenda Time: 12/04/2019 - 3:59 PM Member: Committee: Government Operations & Technology Appropriations Subcommittee Version: __
Event: H Now in Government Operations & Technology Appropriations Subcommittee Time: 11/06/2019 - 4:12 PM Member: Committee: Government Operations & Technology Appropriations Subcommittee Version: __
Event: H Reported out of Insurance & Banking Subcommittee Time: 11/06/2019 - 4:12 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Favorable by Insurance & Banking Subcommittee Time: 11/06/2019 - 4:11 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Added to Insurance & Banking Subcommittee agenda Time: 10/30/2019 - 3:47 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 10/16/2019 - 2:25 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Commerce Committee Time: 10/16/2019 - 2:25 PM Member: Committee: Commerce Committee Version: __
Event: H Referred to Government Operations & Technology Appropriations Subcommittee Time: 10/16/2019 - 2:25 PM Member: Committee: Government Operations & Technology Appropriations Subcommittee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 10/16/2019 - 2:25 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Filed Time: 10/10/2019 - 9:18 AM Member: Smith, D. Committee: Version: __