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Bill > S1334

FL S1334

FL S1334
Financial Services

summary

Introduced
12/20/2019
In Committee
01/08/2020
Crossed Over
Passed
Dead
03/14/2020

Introduced Session

Potential new amendment
2020 Regular Session

Bill Summary

Redefining the term "covered policy" under the Florida Hurricane Catastrophe Fund in relation to certain collateral protection insurance policies; revising requirements for the civil remedy notice provided to insurers and the Department of Financial Services; deleting a requirement for certain persons acting on behalf of an insurer to provide certain notice before scheduling a meeting or onsite inspection for certain purposes; requiring named insureds to provide insurers with a specified notice as a condition precedent to filing suit under a property insurance policy, etc.

AI Summary

This bill makes several changes to Florida's financial services laws: It redefines the term "covered policy" under the Florida Hurricane Catastrophe Fund to include certain collateral protection insurance policies. It revises requirements for the civil remedy notice provided to insurers and the Department of Financial Services. It deletes a requirement for certain persons acting on behalf of an insurer to provide notice before scheduling a meeting or inspection. It requires named insureds to provide insurers with a notice as a condition precedent to filing suit under a property insurance policy. The bill also makes changes related to rate filings, surplus lines insurance, claims reporting, and other insurance-related provisions.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Died in Banking and Insurance (on 03/14/2020)
(4 Companion Bills)

bill text

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bill summary

Document Type Source Location
State Bill Page https://www.flsenate.gov/Session/Bill/2020/1334
Senate Committee Amendment #527424 to Amendment (632742) https://www.flsenate.gov/Session/Bill/2020/1334/Amendment/527424/HTML
Senate Committee Amendment #527860 to Amendment (632742) https://www.flsenate.gov/Session/Bill/2020/1334/Amendment/527860/HTML
Senate Committee Amendment #452858 to Amendment (632742) https://www.flsenate.gov/Session/Bill/2020/1334/Amendment/452858/HTML
Senate Committee Amendment #386996 to Amendment (632742) https://www.flsenate.gov/Session/Bill/2020/1334/Amendment/386996/HTML
Senate Committee Amendment #632742 https://www.flsenate.gov/Session/Bill/2020/1334/Amendment/632742/HTML
Senate Committee Amendment #265338 https://www.flsenate.gov/Session/Bill/2020/1334/Amendment/265338/HTML
Senate Committee Amendment #600108 https://www.flsenate.gov/Session/Bill/2020/1334/Amendment/600108/HTML
Senate Committee Amendment #647130 https://www.flsenate.gov/Session/Bill/2020/1334/Amendment/647130/HTML
Senate Committee Substitue Amendment #586530 Amendment (893146) https://www.flsenate.gov/Session/Bill/2020/1334/Amendment/586530/HTML
Senate Committee Substitue Amendment #461914 Amendment (787114) https://www.flsenate.gov/Session/Bill/2020/1334/Amendment/461914/HTML
Senate Committee Substitue Amendment #392164 Amendment (670458) https://www.flsenate.gov/Session/Bill/2020/1334/Amendment/392164/HTML
Senate Committee Amendment #788146 https://www.flsenate.gov/Session/Bill/2020/1334/Amendment/788146/HTML
Senate Committee Amendment #787114 https://www.flsenate.gov/Session/Bill/2020/1334/Amendment/787114/HTML
Senate Committee Amendment #472784 https://www.flsenate.gov/Session/Bill/2020/1334/Amendment/472784/HTML
Senate Committee Amendment #893146 https://www.flsenate.gov/Session/Bill/2020/1334/Amendment/893146/HTML
Senate Committee Amendment #777928 https://www.flsenate.gov/Session/Bill/2020/1334/Amendment/777928/HTML
Senate Committee Amendment #548082 https://www.flsenate.gov/Session/Bill/2020/1334/Amendment/548082/HTML
Senate Committee Amendment #670458 https://www.flsenate.gov/Session/Bill/2020/1334/Amendment/670458/HTML
Senate Committee Amendment #794740 https://www.flsenate.gov/Session/Bill/2020/1334/Amendment/794740/HTML
BillText https://www.flsenate.gov/Session/Bill/2020/1334/BillText/Filed/HTML
Bill https://www.flsenate.gov/Session/Bill/2020/1334/BillText/Filed/PDF
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