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]
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.
Title
Insurance
Sponsors
History
Date | Chamber | Action |
---|---|---|
2023-05-05 | House | Died in Insurance & Banking Subcommittee; companion bill(s) passed, see CS/HB 881 (Ch. 2023-176) |
2023-03-09 | House | Now in Insurance & Banking Subcommittee |
2023-03-09 | House | Referred to Commerce Committee |
2023-03-09 | House | Referred to State Administration & Technology Appropriations Subcommittee |
2023-03-09 | House | Referred to Insurance & Banking Subcommittee |
2023-03-07 | House | 1st Reading (Original Filed Version) |
2023-03-03 | House | Filed |
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)
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
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
11 | 91 | Amended Code | See Bill Text | |
112 | 3134 | Amended Code | See Bill Text | |
20 | 121 | Amended Code | See Bill Text | |
215 | 5586 | Amended Code | See Bill Text | |
494 | 0026 | Amended Code | See Bill Text | |
624 | 401 | Amended Code | See Bill Text | |
627 | 0629 | Amended Code | See Bill Text | |
627 | 701 | Amended Code | See Bill Text | |
627 | 715 | Amended Code | See Bill Text | |
627 | 7152 | Amended Code | See Bill Text | |
627 | 7155 | Amended Code | See Bill Text |
Florida State Sources
Type | Source |
---|---|
Summary | https://www.flsenate.gov/Session/Bill/2023/1477 |
Text | https://www.flsenate.gov/Session/Bill/2023/1477/BillText/Filed/PDF |