Florida House Bill 1307 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on April 28 2015 - 100% progression
Action: 2015-04-28 - Died in Insurance and Banking Subcommittee
Text: Latest bill text (Introduced) [PDF]

Revises definition of term "covered policy"; exempts additional specified activities of corporation from certain requirements; revises requirements relating to quota share primary insurance agreements; requires corporation's plan of operation to adopt program that facilitates removal of certain residential risks; specifies limitations on participation in such program; deletes & revises related terms; provides that entering into specified agreements is at discretion of insurer; provides that if corporation is reinsurer, all forms & endorsements must be approved by OIR; prohibits corporation from sharing risk for certain damages; requires corporation & each insurer to report additional information to fund & requires SBA to adopt rules to administer such requirement; revises procedures for determining whether risk is eligible for corporation.

Citizens Property Insurance Corporation

Rep. Daniel Raulerson [R]

Date	Chamber	Action
2015-04-28	House	Died in Insurance and Banking Subcommittee
2015-03-08	House	Referred to Insurance and Banking Subcommittee; Regulatory Affairs Committee
2015-03-03	House	Introduced
2015-03-03	House	Filed

S0936 (Same As) 2015-05-01 - Died in Banking and Insurance

Chapter	Article	Section	Citation Type	Statute Text
215	555		Amended Code	See Bill Text
626	752		Amended Code	See Bill Text
627	351		Amended Code	See Bill Text

Type	Source
Summary	http://www.flsenate.gov/Session/Bill/2015/1307
Text	http://www.flsenate.gov/Session/Bill/2015/1307/BillText/Filed/PDF