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FL H1165
Bill
Status
1/6/2016
Primary Sponsor
State Affairs Committee
Click for details
AI Summary
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Amends s. 624.4212, F.S. to create a public records exemption for own-risk and solvency assessment (ORSA) summary reports, substantially similar ORSA reports, and supporting documents submitted to the Office of Insurance Regulation by insurers or insurance groups.
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Creates a public records exemption for corporate governance annual disclosures and supporting documents submitted to the Office of Insurance Regulation.
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Changes the actuarial board that may receive confidential information from the "Actuarial Board for Counseling and Discipline" to the "American Academy of Actuaries" when requested for professional disciplinary proceedings.
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Extends the sunset review date for the confidentiality exemptions from October 2, 2019 to October 2, 2021 under the Open Government Sunset Review Act.
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Makes the act's effective date contingent on CS/HB 1163 or similar legislation being adopted in the same legislative session and becoming law.
Legislative Description
Pub. Rec./Office of Insurance Regulation
Last Action
Laid on Table, companion bill(s) passed, see CS/CS/SB 1416 (Ch. 2016-205), CS/CS/SB 1422 (Ch. 2016-206)
3/7/2016