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FL H0639

Bill

Official Source

Status

Failed

4/28/2015

Primary Sponsor

Insurance and Banking Subcommittee

Click for details

Origin

House of Representatives

2015 Regular Session

AI Summary

  • Amends s. 627.062, F.S. to restrict the CEO/CFO and chief actuary certification requirement under oath to only property rate filings subject to paragraph (2)(a), rather than all property rate filings
  • Exempts commercial nonresidential multiperil insurance from the annual base rate filing requirement under s. 627.0645, F.S.
  • Maintains annual base rate filing requirements for commercial residential multiperil insurance while removing the requirement for commercial motor vehicle coverage
  • Effective date: July 1, 2015

Legislative Description

Commercial Insurance Rate Filing Procedures

Last Action

Died in Regulatory Affairs Committee, companion bill(s) passed, see CS/CS/CS/HB 165 (Ch. 2015-135)

4/28/2015

Committee Referrals

Regulatory Affairs3/5/2015
Insurance And Banking Subcommittee2/18/2015

Full Bill Text

No bill text available