HB 061
Relating to Insurance Premium Increase Moratoria

 Last Action: 05/06/2005 H Died in Committee on Insurance (CC)


H 61      GENERAL BILL by Representative Robaina; (CO-SPONSORS) Brutus; Flores; Llorente; Lopez-Cantera; Planas; Rivera; Roberson; Slosberg; Zapata

Insurance Premium Increase Moratoria; declares moratorium on insurance
premium increase requests for certain insurance companies under certain
circumstances. EFFECTIVE DATE: 07/01/2005.

12/09/04 HOUSE Filed
01/10/05 HOUSE Referred to Insurance (CC); Governmental Operations (SAC);
                  Commerce Council
03/08/05 HOUSE Introduced, referred to Insurance (CC); Governmental
                  Operations (SAC); Commerce Council -HJ 00017

CODING: Words stricken are deletions; words underlined are additions. 

1 A bill to be entitled
2 An act relating to insurance premium increase moratoria;
3 declaring a moratorium on insurance premium increase
4 requests for certain insurance companies under certain
5 circumstances; providing an effective date.
6
7 Be It Enacted by the Legislature of the State of Florida:
8
9      Section 1.  A moratorium shall exist with respect to any
10 request by an insurance company to increase premium if the
11 company is not willing to submit to a forensic audit. The
12 moratorium shall continue until the company submits to a
13 forensic audit.
14      Section 2.  This act shall take effect July 1, 2005.

CODING: Words stricken are deletions; words underlined are additions. 

 

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