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FL S1416
Bill
Status
4/8/2016
Primary Sponsor
Governmental Oversight and Accountability
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AI Summary
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Makes ORSA (own-risk and solvency assessment) summary reports, substantially similar ORSA reports, and supporting documents submitted to the Office of Insurance Regulation confidential and exempt from public records requirements
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Exempts corporate governance annual disclosures and supporting documents submitted by insurers to the Office of Insurance Regulation from public disclosure
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Allows the Office of Insurance Regulation to share confidential information with the Actuarial Board for Counseling and Discipline (changed from American Academy of Actuaries) for professional disciplinary proceedings
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Extends the sunset review date for these public records exemptions from October 2, 2019 to October 2, 2021
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Contingent effective date tied to passage of SB 1422 or similar legislation in the same legislative session
Legislative Description
Public Records/Own-risk and Solvency Assessment/Corporate Governance Annual Disclosure
Last Action
Chapter No. 2016-205, companion bill(s) passed, see CS/CS/SB 1422 (Ch. 2016-206)
4/8/2016