FL H0837

Adds the Insurer Receivership Model Act to reciprocal treatment provisions for policyholders in receivership across states

Requires insurers to file responses to orders within 20 days and mandates hearings to determine receiver appointment commence within 60 days of show cause orders

Creates new defenses limitations prohibiting certain defenses in receiver actions unless evidence is recorded in insurer books; specifies fraud in inducement and surety bond credits as allowable defenses

Establishes comprehensive framework for handling workers' compensation large deductible policies, including requirements for guaranty associations to handle covered claims and procedures for collateral management and deductible claim reimbursements

Extends exclusive jurisdiction of Circuit Court of Leon County over insurer assets upon issuance of conservation, rehabilitation, or liquidation orders and effective date of July 1, 2017