CS/CS/SB 1430 (2022) -  Insolvent Insurers

General Bill by Appropriations and Banking and Insurance and Burgess
Insolvent Insurers: Revising a prohibition against certain insolvent insurers’ former officers or directors serving as officers or directors of an insurer or having direct or indirect control over certain selection or appointment of officers or directors, to allow such activities unless the Office of Insurance Regulation enters a specified order; providing required factors to be used in the determination and fixing of rates for premiums paid to insolvent insurers for specified coverages; authorizing insurers remitting assessments to the Florida Insurance Guaranty Association, Incorporated, to elect not to recoup advances; revising a requirement for information regarding assessment percentages which must be specified by the Office of Insurance Regulation in orders levying assessments, etc.
Effective Date: 07/01/2022
Last Event: 03/04/22 S Laid on Table, companion bill(s) passed, see CS/HB 1023 (Ch. 2022-139) -SJ 665 on Friday, March 4, 2022 2:10 PM

Referred Committees and Committee Actions

Senate Referrals

  • Banking and Insurance
    • On agenda for: 01/18/22 3:30 PM
    • Favorable With Committee Substitute (final action) Votes: Yeas 9   Nays 0
  • Appropriations Subcommittee on Agriculture, Environment, and General Government
    • On agenda for: 02/16/22 1:00 PM
    • Recommendation: Favorable With Committee Substitute (final action) Votes: Yeas 10   Nays 0
  • Appropriations
    • On agenda for: 02/28/22 10:30 AM
    • Favorable With Committee Substitute (final action) Votes: Yeas 19   Nays 0

Related Bills

Bill # Subject Relationship
Bill #: CS/HB 1023 Subject: Insolvent Insurers Relationship: Similar

Bill Text

  • Committee Substitute 2
  • Committee Substitute 1
    • P 732288 , Appropriations Date Filed: 02/18/22, Line#: 0 Senate(c): Replaced by Committee Substitute 03/01/2022 03:56 PM
    • A 729540 , Appropriations Subcommittee on Agriculture, Environment, and General Government, Burgess Date Filed: 02/15/22, Line#: 110 Senate(c): Replaced by Committee Substitute 02/16/2022 04:03 PM
    • AA 347680 , Appropriations Subcommittee on Agriculture, Environment, and General Government, Burgess Date Filed: 02/16/22, Line#: 30 Senate(c): Replaced by Committee Substitute 02/16/2022 04:03 PM
  • Original Filed Version
    • A 179644 , Banking and Insurance, Brandes Date Filed: 01/18/22, Line#: 33 Senate(c): Replaced by Committee Substitute 01/19/2022 04:41 PM
    • A 157610 , Banking and Insurance, Brandes Date Filed: 01/18/22, Line#: 191 Senate(c): Withdrawn 01/19/2022 04:41 PM

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Appropriations 3/2/2022 3:36:03 PM
Chamber: Senate Committee: Appropriations 2/25/2022 12:46:37 PM
Chamber: Senate Committee: Appropriations 2/25/2022 12:40:49 PM
Chamber: Senate Committee: Appropriations Subcommittee on Agriculture, Environment, and General Government 2/18/2022 4:15:15 PM
Chamber: Senate Committee: Appropriations Subcommittee on Agriculture, Environment, and General Government 2/15/2022 1:10:57 PM
Chamber: Senate Committee: Banking and Insurance 1/19/2022 4:41:39 PM
Chamber: Senate Committee: Banking and Insurance 1/14/2022 3:32:34 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Laid on Table, companion bill(s) passed, see CS/HB 1023 (Ch. 2022-139) -SJ 665 Time: 03/04/2022 - 2:10 PM Member: Committee: Version: c2
Event: S Substituted CS/HB 1023 -SJ 665 Time: 03/04/2022 - 2:10 PM Member: Committee: Version: c2
Event: S Read 2nd time -SJ 664 Time: 03/04/2022 - 2:09 PM Member: Committee: Version: c2
Event: S CS/CS by Appropriations read 1st time -SJ 527 Time: 03/02/2022 - 11:58 PM Member: Committee: Appropriations Version: c2
Event: S Placed on Special Order Calendar, 03/04/22 -SJ 689 Time: 03/02/2022 - 9:51 PM Member: Committee: Version: c2
Event: S Placed on Calendar, on 2nd reading Time: 03/02/2022 - 4:24 PM Member: Committee: Version: c2
Event: S Pending reference review -under Rule 4.7(2) - (Committee Substitute) Time: 03/02/2022 - 3:43 PM Member: Committee: Appropriations Version: c1
Event: S CS/CS by- Appropriations; YEAS 19 NAYS 0 -SJ 521 Time: 02/28/2022 - 9:08 PM Member: Committee: Appropriations Version: c1
Event: S On Committee agenda-- Appropriations, 02/28/22, 10:30 am, 412 Knott Building Time: 02/23/2022 - 6:21 PM Member: Committee: Appropriations Version: c1
Event: S Now in Appropriations Time: 02/18/2022 - 4:18 PM Member: Committee: Appropriations Version: c1
Event: S Subcommittee Recommendation: CS/CS by Appropriations Subcommittee on Agriculture, Environment, and General Government; YEAS 10 NAYS 0 -SJ 433 Time: 02/16/2022 - 3:24 PM Member: Committee: Appropriations Subcommittee on Agriculture, Environment, and General Government Version: c1
Event: S On Committee agenda-- Appropriations Subcommittee on Agriculture, Environment, and General Government, 02/16/22, 1:00 pm, 110 Senate Building Time: 02/11/2022 - 1:42 PM Member: Committee: Appropriations Subcommittee on Agriculture, Environment, and General Government Version: c1
Event: S Now in Appropriations Subcommittee on Agriculture, Environment, and General Government Time: 01/20/2022 - 4:27 PM Member: Committee: Appropriations Subcommittee on Agriculture, Environment, and General Government Version: c1
Event: S CS by Banking and Insurance read 1st time -SJ 212 Time: 01/19/2022 - 6:57 PM Member: Committee: Banking and Insurance Version: c1
Event: S Pending reference review under Rule 4.7(2) - (Committee Substitute) Time: 01/19/2022 - 4:46 PM Member: Committee: Banking and Insurance Version: c1
Event: S CS by Banking and Insurance; YEAS 9 NAYS 0 -SJ 210 Time: 01/18/2022 - 4:57 PM Member: Committee: Banking and Insurance Version: __
Event: S Introduced -SJ 126 Time: 01/18/2022 - 4:22 PM Member: Committee: Version: __
Event: S On Committee agenda-- Banking and Insurance, 01/18/22, 3:30 pm, 412 Knott Building Time: 01/13/2022 - 3:11 PM Member: Committee: Banking and Insurance Version: __
Event: S Referred to Banking and Insurance; Appropriations Subcommittee on Agriculture, Environment, and General Government; Appropriations -SJ 126 Time: 01/12/2022 - 11:18 AM Member: Committee: Banking and Insurance Version: __
Event: S Filed Time: 01/04/2022 - 11:15 AM Member: Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
624.4073
627.072 CS/HB 1023
631.57 CS/HB 1023
631.914 CS/HB 1023