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FL S0916

Bill

Status

Failed

4/28/2015

Primary Sponsor

Banking and Insurance

Click for details

Origin

Senate

2015 Regular Session

AI Summary

  • Restricts the requirement for property insurer executives and actuaries to certify rate filings to only those filings subject to specific statutory provisions, narrowing the scope from all property rate filings.

  • Exempts commercial nonresidential multiperil insurance from the annual base rate filing requirement that applies to other property and casualty insurance lines.

  • Redefines commercial insurance exemptions to reference general insurance definitions in statutes 624.604 and 624.605 rather than previous statutory language.

  • Maintains annual base rate filing requirements for workers' compensation, employer's liability insurance, and commercial residential multiperil insurance.

  • Takes effect July 1, 2015.

Legislative Description

Commercial Insurer Rate Filing Procedures

Last Action

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

4/28/2015

Committee Referrals

Rules3/31/2015
Commerce And Tourism3/12/2015
Banking and Insurance2/26/2015

Full Bill Text

No bill text available