SB 1376 — Credit For Reinsurance
Last action — Died on Calendar
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✓Introduced
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✓In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill died with 2020 Regular Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Summary
Credit For Reinsurance; Adding conditions under which a ceding insurer must be allowed credit for reinsurance; specifying requirements for assuming insurers and reinsurance agreements; authorizing a ceding insurer or its representative that is subject to rehabilitation, liquidation, or conservation to seek a certain court order; authorizing the Office of Insurance Regulation to revoke or suspend an assuming insurer’s eligibility under certain conditions, etc.
Bill Text
- Introduced S 1376 Filed Current html
Action History
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Died on Calendar
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Indefinitely postponed and withdrawn from consideration
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Temporarily postponed, on 2nd Reading
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Placed on Special Order Calendar, 03/10/20
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Received
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Referred to Calendar
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In Messages
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Passed; YEAS 38 NAYS 1
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Read 3rd time
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Read 2nd time
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Placed on Special Order Calendar, 03/09/20
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Placed on Calendar, on 2nd reading
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Favorable by- Rules; YEAS 17 NAYS 0
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On Committee agenda-- Rules, 03/02/20, 12:00 pm, 110 Senate Building
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Now in Rules
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Favorable by Judiciary; YEAS 6 NAYS 0
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On Committee agenda-- Judiciary, 01/28/20, 4:00 pm, 110 Senate Building
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Now in Judiciary
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Favorable by Banking and Insurance; YEAS 8 NAYS 0
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On Committee agenda-- Banking and Insurance, 01/21/20, 12:00 pm, 412 Knott Building
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Introduced
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Referred to Banking and Insurance; Judiciary; Rules
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Filed
Sponsors
- Broxson · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 163 not signed on
Sponsors (1)
- Broxson
Co-sponsors (0)
None.
Not signed on (163)
163 members have not signed on to this bill.
Show all 163 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 9 | 0 | 0 | 0 |
| Unaffiliated | 26 | 1 | 0 | 1 |
| Democrat | 2 | 0 | 0 | 0 |
| No Party Affiliation | 1 | 0 | 0 | 0 |
| Total | 38 | 1 | 0 | 1 |
| % of votes cast | 95% | 3% | 0% | 3% |
How each member voted (40)
| Member | Party | Vote |
|---|---|---|
| Flores | — | Yea |
| Rader | — | Yea |
| Baxley | — | Yea |
| Gainer | — | Nay |
| Bean | — | Yea |
| Gibson | — | Yea |
| Benacquisto | — | Yea |
| Simmons | — | Yea |
| Simpson | — | Yea |
| Book | — | Yea |
| Stargel | — | Yea |
| Bracy | — | Yea |
| Hutson | — | Yea |
| Stewart | — | Yea |
| Lee | — | Yea |
| Taddeo | — | Yea |
| Brandes | — | Yea |
| Thurston | — | Yea |
| Braynon | — | Yea |
| Montford | — | Yea |
| Torres | — | Yea |
| Broxson | — | Yea |
| Cruz | — | Yea |
| Perry | — | Yea |
| Diaz | — | Yea |
| Farmer | — | Yea |
| Powell | — | Yea |
| President Galvano | — | Not Voting |
| Berman, Lori | Democrat | Yea |
| Rouson, Darryl Ervin | Democrat | Yea |
| Pizzo, Jason W. B. | No Party Affiliation | Yea |
| Albritton, Ben | Republican | Yea |
| Bradley, Jennifer | Republican | Yea |
| Gruters, Joe | Republican | Yea |
| Harrell, Gayle | Republican | Yea |
| Hooper, Ed | Republican | Yea |
| Mayfield, Debbie | Republican | Yea |
| Passidomo, Kathleen | Republican | Yea |
| Rodriguez, Ana Maria | Republican | Yea |
| Wright, Tom A. | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 14 | 0 | 0 | 0 |
| Republican | 3 | 0 | 0 | 0 |
| Total | 17 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (17)
| Member | Party | Vote |
|---|---|---|
| Book | — | Yea |
| Brandes | — | Yea |
| Braynon | — | Yea |
| Farmer | — | Yea |
| Flores | — | Yea |
| Hutson | — | Yea |
| Lee | — | Yea |
| Montford | — | Yea |
| Simmons | — | Yea |
| Simpson | — | Yea |
| Stargel | — | Yea |
| Thurston | — | Yea |
| Gibson | — | Yea |
| Benacquisto | — | Yea |
| Bradley, Jennifer | Republican | Yea |
| Passidomo, Kathleen | Republican | Yea |
| Rodriguez, Ana Maria | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 5 | 0 | 0 | 0 |
| Republican | 1 | 0 | 0 | 0 |
| Total | 6 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (6)
| Member | Party | Vote |
|---|---|---|
| Baxley | — | Yea |
| Gibson | — | Yea |
| Hutson | — | Yea |
| Stargel | — | Yea |
| Simmons | — | Yea |
| Rodriguez, Ana Maria | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 6 | 0 | 0 | 0 |
| Republican | 1 | 0 | 0 | 0 |
| Democrat | 1 | 0 | 0 | 0 |
| Total | 8 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (8)
| Member | Party | Vote |
|---|---|---|
| Brandes | — | Yea |
| Lee | — | Yea |
| Perry | — | Yea |
| Taddeo | — | Yea |
| Thurston | — | Yea |
| Broxson | — | Yea |
| Rouson, Darryl Ervin | Democrat | Yea |
| Gruters, Joe | Republican | Yea |
Subjects
Frequently asked questions
- What does SB 1376 do?
- Credit For Reinsurance; Adding conditions under which a ceding insurer must be allowed credit for reinsurance; specifying requirements for assuming insurers and reinsurance agreements; authorizing a ceding insurer or its representative that is subject to rehabilitation, liquidation, or conservation to seek a certain court order; authorizing the Office of Insurance Regulation to revoke or suspend an assuming insurer’s eligibility under certain conditions, etc.
- Who sponsors SB 1376?
- SB 1376 is sponsored by Broxson.
- What is the current status of SB 1376?
- This bill died with 2020 Regular Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track SB 1376?
- Track SB 1376 free on One Click Politics — get push/email alerts when it moves.
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