2005-07-01                     House Journal                      Page 2158
HB 147                                                                                            
A message dated June 24, 2005, was received stating the Governor has                                
signed the following bill and is transmitting the engrossed and enrolled                            
copies to the Lieutenant Governor's office for permanent filing:                                    
                                                                                                    
    CONFERENCE CS FOR HOUSE BILL NO. 147                                                            
    "An Act relating to notice of suspension or revocation of an                                    
    insurer's certificate of authority and the effect of the suspension or                          
    revocation upon the authority of agents and managing general                                    
    agents of the insurer; relating to certain deposits under AS 21;                                
    relating to the yielding of assets and securities held on deposit;                              
    relating to third-party administrators under AS 21; relating to                                 
    insurance agents, managing general agents, reinsurance                                          
    intermediary managers, and insurance producers; requiring the                                   
    director of insurance to notify a licensee of a license renewal                                 
    before the renewal date; defining the term 'appointment' as used in                             
    part of AS 21; relating to the eligibility to provide coverage by a                             
    nonadmitted insurer and alien insurer; relating to surplus lines                                
    insurance and brokers; relating to misrepresentations and false                                 
    advertising concerning insurance; relating to health discount                                   
    plans; providing for limitations on owner controlled and                                        
    contractor controlled insurance programs and limiting the                                       
    coverage of those programs; prohibiting excessive, inadequate, or                               
    unfairly discriminatory rate charges for health insurance; defining                             
    the term 'plan administrator' as used in part of AS 21; defining the                            
    term 'transact' as used in AS 21; authorizing the director of                                   
    insurance to designate a person to receive annual reports from                                  

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    companies; reducing the period for filing a quarterly financial                                 
    statement; and providing for an effective date."                                                
                                                                                                    
    Chapter No. 1, FSSLA 2005                                                                       
    Effective Date:  See Chapter