FL H1489 | 2024 | Regular Session

Status

Completed Legislative Action
Spectrum: Strong Partisan Bill (Democrat 18-1)
Status: Failed on March 8 2024 - 100% progression
Action: 2024-03-08 - Died in Insurance & Banking Subcommittee
Text: Latest bill text (Introduced) [PDF]

Summary

Creates Property Insurance Commission; provides powers & duties of commission; provides for election of Commissioner of Insurance Regulation; prohibits commissioner from engaging in certain activities or employment for specified period after leaving office; requires interest earned on insurance proceeds received by mortgagees & assignees to be paid to insureds; prohibits property insurers from claiming insolvency; authorizes persons who engage in property insurance activities in other states to engage in insurance activities in this state; prohibits property insurers from using certain defenses as claims denials; requires insurance agents to advise insurance applicants of flood risk; requires OPPAGA to conduct study of effectiveness of property insurance mediation program; increases appropriation to My Safe Florida Home Program; provides effective date.

Tracking Information

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Title

Insurance

Sponsors


History

DateChamberAction
2024-03-08HouseDied in Insurance & Banking Subcommittee
2024-01-13HouseNow in Insurance & Banking Subcommittee
2024-01-13HouseReferred to Commerce Committee
2024-01-13HouseReferred to State Administration & Technology Appropriations Subcommittee
2024-01-13HouseReferred to Insurance & Banking Subcommittee
2024-01-09House1st Reading (Original Filed Version)
2024-01-08HouseFiled

Same As/Similar To

S1556 (Similar To) 2024-03-08 - Died in Banking and Insurance
H1017 (Similar To) 2024-03-08 - Died in Insurance & Banking Subcommittee
S102 (Similar To) 2024-03-08 - Died in Banking and Insurance

Code Citations

ChapterArticleSectionCitation TypeStatute Text
1191Amended CodeSee Bill Text
1123134Amended CodeSee Bill Text
20121Amended CodeSee Bill Text
4940026Amended CodeSee Bill Text
624401Amended CodeSee Bill Text
6270629Amended CodeSee Bill Text
627701Amended CodeSee Bill Text
627715Amended CodeSee Bill Text
62771555Amended CodeSee Bill Text

Florida State Sources


Bill Comments

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