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FL H1165

Bill

Status

Introduced

1/6/2016

Primary Sponsor

State Affairs Committee

Click for details

Origin

House of Representatives

2016 Regular Session

AI Summary

  • 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.

  • Creates a public records exemption for corporate governance annual disclosures and supporting documents submitted to the Office of Insurance Regulation.

  • 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.

  • Extends the sunset review date for the confidentiality exemptions from October 2, 2019 to October 2, 2021 under the Open Government Sunset Review Act.

  • 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

Committee Referrals

Regulatory Affairs2/9/2016
State Affairs1/27/2016
Insurance And Banking Subcommittee1/13/2016

Full Bill Text

No bill text available