FL H1477 | 2023 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 20-0)
Status: Failed on May 5 2023 - 100% progression
Action: 2023-05-05 - Died in Insurance & Banking Subcommittee; companion bill(s) passed, see CS/HB 881 (Ch. 2023-176)
Text: Latest bill text (Introduced) [PDF]

Summary

Creates Property Insurance Commission; provides for election of Commissioner of Insurance Regulation; revises homeowners' eligibility criteria for mitigation grants; requires interests earned on insurance proceeds received by mortgagees & assignees to be paid to insureds; prohibits property insurers from claiming insolvency under certain circumstances; authorizes persons that engage in property insurance activities in other states to engage in insurance activities in this state only under certain circumstances; requires property insurers to cap premiums or to create sliding fee scales for premium rates; prohibits property insurers from using certain defenses as claims denials; revises requirements for risk assignment agreements; requires OPPAGA to conduct study of effectiveness of property insurance mediation program.

Tracking Information

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Title

Insurance

Sponsors


History

DateChamberAction
2023-05-05HouseDied in Insurance & Banking Subcommittee; companion bill(s) passed, see CS/HB 881 (Ch. 2023-176)
2023-03-09HouseNow in Insurance & Banking Subcommittee
2023-03-09HouseReferred to Commerce Committee
2023-03-09HouseReferred to State Administration & Technology Appropriations Subcommittee
2023-03-09HouseReferred to Insurance & Banking Subcommittee
2023-03-07House1st Reading (Original Filed Version)
2023-03-03HouseFiled

Same As/Similar To

S1688 (Same As) 2023-05-05 - Died in Banking and Insurance, companion bill(s) passed, see CS/HB 881 (Ch. 2023-176)
H881 (Similar To) 2023-06-01 - Chapter No. 2023-176
S748 (Similar To) 2023-04-28 - Laid on Table, companion bill(s) passed, see CS/HB 881 (Ch. 2023-176)

Code Citations

ChapterArticleSectionCitation TypeStatute Text
1191Amended CodeSee Bill Text
1123134Amended CodeSee Bill Text
20121Amended CodeSee Bill Text
2155586Amended CodeSee Bill Text
4940026Amended CodeSee Bill Text
624401Amended CodeSee Bill Text
6270629Amended CodeSee Bill Text
627701Amended CodeSee Bill Text
627715Amended CodeSee Bill Text
6277152Amended CodeSee Bill Text
6277155Amended CodeSee Bill Text

Florida State Sources


Bill Comments

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