HB 329 (2020) -  Insurance Guaranty Associations

General Bill by Smith
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.
Effective Date: July 1, 2020
Last Event: Companion bill(s) passed, see SB 540 (Ch. 2020-54) on Tuesday, March 10, 2020 8:45 PM; HB Laid on Table

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: SB 540 Subject: Insurance Guaranty Associations Relationship: Identical

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Final Bill Analysis 6/24/2020 2:09:23 PM
Chamber: House Committee: Final Bill Analysis 3/16/2020 8:50:31 AM
Chamber: House Committee: Commerce Committee 1/17/2020 12:31:07 PM
Chamber: House Committee: Commerce Committee 1/14/2020 4:26:56 PM
Chamber: House Committee: Government Operations & Technology Appropriations Subcommittee 12/12/2019 8:46:57 AM
Chamber: House Committee: Government Operations & Technology Appropriations Subcommittee 12/10/2019 9:06:25 AM
Chamber: House Committee: Insurance & Banking Subcommittee 11/6/2019 4:14:19 PM
Chamber: House Committee: Insurance & Banking Subcommittee 11/4/2019 10:05:55 AM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Laid on Table; companion bill(s) passed, see SB 540 (Ch. 2020-54) Time: 03/10/2020 - 8:45 PM Member: Committee: Version: __
Event: H Added to Second Reading Calendar Time: 01/17/2020 - 12:09 PM Member: Committee: Version: __
Event: H Bill released to House Calendar Time: 01/17/2020 - 12:09 PM Member: Committee: Version: __
Event: H Reported out of Commerce Committee Time: 01/17/2020 - 12:09 PM Member: Committee: Commerce Committee Version: __
Event: H Favorable by Commerce Committee Time: 01/16/2020 - 5:54 PM Member: Committee: Commerce Committee Version: __
Event: H 1st Reading Time: 01/14/2020 - 11:19 PM Member: Committee: Version: __
Event: H Added to Commerce Committee agenda Time: 01/14/2020 - 4:07 PM Member: Committee: Commerce Committee Version: __
Event: H Now in Commerce Committee Time: 12/12/2019 - 8:47 AM Member: Committee: Commerce Committee Version: __
Event: H Reported out of Government Operations & Technology Appropriations Subcommittee Time: 12/12/2019 - 8:47 AM Member: Committee: Government Operations & Technology Appropriations Subcommittee Version: __
Event: H Favorable by Government Operations & Technology Appropriations Subcommittee Time: 12/11/2019 - 6:42 PM Member: Committee: Government Operations & Technology Appropriations Subcommittee Version: __
Event: H Added to Government Operations & Technology Appropriations Subcommittee agenda Time: 12/05/2019 - 3:35 PM Member: Committee: Government Operations & Technology Appropriations Subcommittee Version: __
Event: H Added to Government Operations & Technology Appropriations Subcommittee agenda Time: 12/04/2019 - 3:59 PM Member: Committee: Government Operations & Technology Appropriations Subcommittee Version: __
Event: H Now in Government Operations & Technology Appropriations Subcommittee Time: 11/06/2019 - 4:12 PM Member: Committee: Government Operations & Technology Appropriations Subcommittee Version: __
Event: H Reported out of Insurance & Banking Subcommittee Time: 11/06/2019 - 4:12 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Favorable by Insurance & Banking Subcommittee Time: 11/06/2019 - 4:11 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Added to Insurance & Banking Subcommittee agenda Time: 10/30/2019 - 3:47 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 10/16/2019 - 2:25 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Commerce Committee Time: 10/16/2019 - 2:25 PM Member: Committee: Commerce Committee Version: __
Event: H Referred to Government Operations & Technology Appropriations Subcommittee Time: 10/16/2019 - 2:25 PM Member: Committee: Government Operations & Technology Appropriations Subcommittee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 10/16/2019 - 2:25 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Filed Time: 10/10/2019 - 9:18 AM Member: Smith Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
625.012 SB 540
626.8621 SB 540
631.54 SB 540
631.57 CS/HB 529, SB 540, CS/SB 898, CS/CS/HB 1137, CS/SB 1492
631.59 SB 540
631.912 SB 540
631.914 SB 540