Friday, November 21, 2014

CS/CS/HB 803 - Property and Casualty Insurance

General Bill   by Economic Affairs Committee and Insurance & Banking Subcommittee and Wood (CO-SPONSORS) Van Zant
Property and Casualty Insurance: Provides statute of limitations for breach of property insurance contract; provides that specified losses are excluded from definition of term "losses" as used in provisions relating to Florida Hurricane Catastrophe Fund; authorizes insurer to renegotiate terms of specified surplus note; revises amount of surplus funds required for domestic insurers applying for certificate of authority; revises minimum surplus that must be maintained by certain insurers; authorizes OIR to reduce specified surplus requirements; provides exemption from licensure as adjuster to persons who provide mortgage-related claims adjusting services to certain institutions; provides limitations on amount of compensation that may be received by public adjuster for claim or reopened or supplemental claim; applies specified provisions regulating conduct of public adjusters to condominium unit owners rather than to condominium associations; provides statements that may be considered deceptive or misleading if made in any public adjuster's advertisement or solicitation; revises rate filing provisions; provides for limitation on fees charged for use of public hurricane model; revises provisions relating to nonrenewal, cancellation, or termination of or changes in policies; extends expiration date for making "file and use" filing; authorizes insurer to require inspection of property before issuing sinkhole coverage; revises other provisions relating to sinkhole insurance.
Companion Bill passed CS/CS/CS/SB 408 Property and Casualty Insurance By Rules and Budget Subcommittee on General Government Appropriations and Banking and Insurance and Richter
Effective Date: upon becoming a law
Last Event: Companion bill(s) passed, see CS/HB 1007 (Ch. 2011-226), CS/CS/CS/SB 408 (Ch. 2011-39), SB 2156 (Ch. 2011-142) on Tuesday, May 03, 2011 6:30 PM; HB Laid on Table

Referred Committees and Committee Actions

House Referrals

    -   Insurance & Banking Subcommittee
           On agenda for: 04/05/11 4:00 PM              Notice
        Favorable With Committee Substitute (final action)              See Votes
 
    -   Economic Affairs Committee
           On agenda for: 04/14/11 9:00 AM              Notice
        Favorable With Committee Substitute (final action)              See Votes
 

Related Bills

Bill # Subject Relationship
CS/HB 1007 Insurer Insolvency Compare
HB 7181 Repeal of the Correlation of Mitigation Discounts, Credits, or Other Rate Differentials to the Uniform Home Grading Scale Compare
HB 7247 Government Reorganization/OTTED, DCA, & AWI Compare
CS/CS/CS/SB 408 Property and Casualty Insurance Compare
CS/CS/SB 1568 Insurer Insolvency Compare
SB 2156 Governmental Reorganization Compare

Bill Text

Staff Analysis

Vote History

(no votes recorded)

Bill History

Event Time Member Committee
Laid on Table; companion bill(s) passed, see CS/HB 1007 (Ch. 2011-226), CS/CS/CS/SB 408 (Ch. 2011-39), SB 2156 (Ch. 2011-142) Tuesday, May 03, 2011 6:30 PM
Added to Second Reading Calendar Friday, April 22, 2011 11:52 AM
Bill referred to House Calendar Friday, April 22, 2011 11:52 AM
1st Reading Thursday, April 21, 2011 7:47 PM
CS Filed Thursday, April 21, 2011 8:38 AM
Laid on Table under Rule 7.19(a) Thursday, April 21, 2011 8:38 AM
Reported out of Economic Affairs Committee Thursday, April 21, 2011 8:32 AM Economic Affairs Committee
Favorable with CS by Economic Affairs Committee Thursday, April 14, 2011 1:00 PM Economic Affairs Committee
Added to Economic Affairs Committee agenda Tuesday, April 12, 2011 4:24 PM Economic Affairs Committee
Now in Economic Affairs Committee Monday, April 11, 2011 9:20 AM Economic Affairs Committee
Referred to Economic Affairs Committee Monday, April 11, 2011 9:20 AM Economic Affairs Committee
1st Reading Friday, April 08, 2011 6:17 PM
CS Filed Friday, April 08, 2011 3:30 PM
Laid on Table under Rule 7.19(a) Friday, April 08, 2011 3:30 PM
Reported out of Insurance & Banking Subcommittee Friday, April 08, 2011 3:28 PM Insurance & Banking Subcommittee
Favorable with CS by Insurance & Banking Subcommittee Tuesday, April 05, 2011 6:00 PM Insurance & Banking Subcommittee
PCS added to Insurance & Banking Subcommittee agenda Friday, April 01, 2011 4:21 PM Insurance & Banking Subcommittee
Workshopped on Insurance & Banking Subcommittee agenda Monday, March 14, 2011 4:15 PM Insurance & Banking Subcommittee
1st Reading Tuesday, March 08, 2011 10:24 PM
Now in Insurance & Banking Subcommittee Thursday, March 03, 2011 9:50 AM Insurance & Banking Subcommittee
Referred to Economic Affairs Committee Thursday, March 03, 2011 9:50 AM Economic Affairs Committee
Referred to Rulemaking & Regulation Subcommittee Thursday, March 03, 2011 9:50 AM Rulemaking & Regulation Subcommittee
Referred to Insurance & Banking Subcommittee Thursday, March 03, 2011 9:50 AM Insurance & Banking Subcommittee
Filed Wednesday, February 16, 2011 4:55 PM Wood

Statutes Referenced by this Bill

95.11
215.555
215.5595
624.407
624.408
626.852
626.854
626.70132
627.062
627.06281
627.0629
627.4133
627.43141
627.7011
627.70131
627.706
627.7065
627.707
627.7073
627.7074
627.711
631.54
 

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