FL H0941

Redefines "corporate officer" and "employee" for workers' compensation purposes effective July 1, 2013, to include limited liability company members owning at least 10 percent ownership in the construction industry.

Revises requirements for construction industry officers to elect exemptions from workers' compensation, requiring written notice to the department with specific information and limiting exemptions to no more than three officers per corporation or affiliated group.

Exempts limited liability companies not engaged in construction from workers' compensation penalties between July 1, 2013 and December 31, 2013, and allows construction industry exemption certificates to expire automatically with department notice requirements.

Permits insurers to transfer commercial lines policies between members of the same group or holding company, treating such transfers as renewals rather than cancellations, with 45 days' notice to policyholders required.

Removes workers' compensation and employer's liability insurance from excess profits reporting requirements and exempts insurers with $200 million or more in surplus from performing onsite premium audits for workers' compensation coverage.