Insurance Guaranty Associations
Summary
Insurance Guaranty Associations; Authorizes employee of Florida Insurance Guaranty Association or employee of guaranty association of another state to adjust losses for Florida Insurance Guaranty Association if certain conditions are met; revises calculation of insurers' initial payments to association; revises requirements for OIR in levying workers' compensation insurers; provides that insurer's direct written premium may not be reduced by certain amounts for purposes of determining insurer assessments or policyholder surcharges; revises requirements for remitting policy surcharges & assessments; provides that assessments paid by insurers constitute advances of funds to Florida Workers’ Compensation Insurance Guaranty Association.
Bill status
passed
3 of 5 stages cleared
Introduction
Jan 2020
Committee Review
Jan 2020
House Passage
Mar 2020
Senate Passage
Governor
Introduced Jan 14, 2020
Last action Mar 10, 2020
Floor votes
How they voted
This bill passed the House. No roll call record of that vote is available.
Full legislative history
Actions timeline
Total actions
14
Key actions
10
Committee
10
Mar 10, 2020
Lower · Passed
Laid on Table - Companion bill(s) SB 540 passed
lower
Jan 16, 2020
Lower · Passed
Favorable by- Commerce Committee; YEAS 22 NAYS 0
lower
Jan 14, 2020
Introduced
Introduced
lower
Jan 14, 2020
Lower · Passed
On Committee agenda-- Commerce Committee, 01/16/20, 2:30 pm, Webster Hall
lower
Dec 12, 2019
Lower · Passed
Now in Commerce Committee
lower
Dec 11, 2019
Lower · Passed
Favorable by Government Operations and Technology Appropriations Subcommittee; YEAS 8 NAYS 0
lower
Dec 5, 2019
Lower · Passed
On Committee agenda-- Government Operations and Technology Appropriations Subcommittee, 12/12/19, 4:00 pm, Morris Hall -- Meeting Cancelled
lower
Dec 4, 2019
Lower · Passed
On Committee agenda-- Government Operations and Technology Appropriations Subcommittee, 12/11/19, 12:30 pm, Morris Hall
lower
Nov 6, 2019
Lower · Passed
Now in Government Operations and Technology Appropriations Subcommittee
lower
Nov 6, 2019
Lower · Passed
Favorable by Insurance and Banking Subcommittee; YEAS 14 NAYS 0
lower
Oct 30, 2019
Lower · Passed
On Committee agenda-- Insurance and Banking Subcommittee, 11/06/19, 3:30 pm, Sumner Hall
lower
Oct 16, 2019
Committee
Referred to Insurance and Banking Subcommittee; Government Operations and Technology Appropriations Subcommittee; Commerce Committee
lower
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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