HB 733 Florida House · 2021 Regular Session

Credit for Reinsurance

Summary

Credit for Reinsurance; Adds conditions under which ceding insurer must be allowed credit for reinsurance; revises attorney designation requirement in reinsurance agreements; defines "reciprocal jurisdiction" & "covered agreement"; specifies requirements for assuming insurers & reinsurance agreements; authorizes ceding insurer or its representative subject to rehabilitation, liquidation, or conservation to seek court order; specifies limitation on credit taken by ceding insurer; authorizes office to revoke or suspend assuming insurer's eligibility.

Bill status passed 3 of 5 stages cleared

Introduction

Mar 2021

Committee Review

Mar 2021

House Passage

Apr 2021

Senate Passage

Governor

Introduced Mar 2, 2021 Last action Apr 13, 2021

Floor votes · House Mar 16, 2021

How they voted

23–0

Passed

Total votes 23

Mar 16, 2021

D Democratic7

7 Yea

100% Yea

R Republican16

16 Yea

100% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Apr 13, 2021

Lower · Passed

Laid on Table; companion bill(s) passed, see SB 728 (Ch. 2021-101)

lower

Mar 16, 2021

House · Passed

House Vote: pass (23-0)

house

Mar 16, 2021

Lower · Passed

Reported out of Commerce Committee

lower

Mar 16, 2021

Lower · Passed

Favorable by Commerce Committee

lower

Mar 12, 2021

Lower · Passed

Added to Commerce Committee agenda

lower

Mar 9, 2021

Lower · Passed

Now in Commerce Committee

lower

Mar 9, 2021

Lower · Passed

Reported out of State Administration & Technology Appropriations Subcommittee

lower

Mar 9, 2021

Lower · Passed

Favorable by State Administration & Technology Appropriations Subcommittee

lower

Mar 5, 2021

Lower · Passed

Added to State Administration & Technology Appropriations Subcommittee agenda

lower

Mar 4, 2021

Lower · Passed

Now in State Administration & Technology Appropriations Subcommittee

lower

Mar 4, 2021

Lower · Passed

Reported out of Insurance & Banking Subcommittee

lower

Mar 4, 2021

Lower · Passed

Favorable by Insurance & Banking Subcommittee

lower

Mar 2, 2021

Lower · Passed

Added to Insurance & Banking Subcommittee agenda

lower

Feb 18, 2021

Lower · Passed

Now in Insurance & Banking Subcommittee

lower

Feb 18, 2021

Committee

Referred to Commerce Committee

lower

Feb 18, 2021

Committee

Referred to State Administration & Technology Appropriations Subcommittee

lower

Feb 18, 2021

Committee

Referred to Insurance & Banking Subcommittee

lower

1 primary · 0 co-sponsors