SB 1340 (2023) -  Insurance

by Grall
Providing construction relating to the recovery of damages under the common-law remedy of bad faith against insurers; revising a prohibition against the continued writing of private passenger automobile insurance by certain insurers; prohibiting insurers providing homeowners’ insurance or commercial property insurance from canceling, nonrenewing, or terminating a policy during a pending claim except under certain circumstances; deleting a requirement that a Citizens Property Insurance Corporation policyholder making a claim for water damage has the burden of proving that the damage was not caused by flooding; providing that if a roof deductible is applied under a personal lines residential property insurance policy, no other deductible may be applied to certain other losses, etc.
Effective Date: 07/01/2023
Last Event: 05/05/23 S Died in Banking and Insurance, companion bill(s) passed, see CS/SB 7052 (Ch. 2023-172) on Friday, May 5, 2023 10:59 AM

Referred Committees and Committee Actions

Senate Referrals

  • Banking and Insurance
  • Judiciary
  • Fiscal Policy

Related Bills

Staff Analysis

(None Available)

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Died in Banking and Insurance, companion bill(s) passed, see CS/SB 7052 (Ch. 2023-172) Time: 05/05/2023 - 10:59 AM Member: Committee: Banking and Insurance Version: __
Event: S Introduced Time: 03/07/2023 - 10:45 AM Member: Committee: Version: __
Event: S Referred to Banking and Insurance; Judiciary; Fiscal Policy Time: 03/06/2023 - 12:31 PM Member: Committee: Banking and Insurance Version: __
Event: S Filed Time: 03/01/2023 - 11:01 AM Member: Committee: Version: __