Bill

Bill > S0076


FL S0076

FL S0076
Insurance


summary

Introduced
01/25/2021
In Committee
04/26/2021
Crossed Over
04/30/2021
Passed
04/30/2021
Dead
Signed/Enacted/Adopted
06/14/2021

Introduced Session

2021 Regular Session

Bill Summary

Providing that, for certain attorney fees awarded for claims arising under surplus lines property insurance policies, a strong presumption is created that a lodestar fee is sufficient and reasonable; providing that certain provisions relating to homeowners' policies, offers of replacement cost coverage, and offers of law and ordinance coverage do not prohibit insurers from providing specified property insurance policies by including roof covering reimbursement schedules; revising property insurance coverages for which a notice of claim must be given to the insurer within a specified timeframe; requiring notice of intent to initiate litigation, etc.

AI Summary

This bill makes several changes to Florida's insurance laws: 1. It prohibits contractors from engaging in certain practices related to soliciting and handling insurance claims, such as offering rebates or inducements in exchange for making an insurance claim, and imposes fines for violations. 2. It requires insurers to file an annual report with detailed information on closed property insurance claims, including data on attorney fees, costs, and contingency risk multipliers. 3. It amends various provisions related to Citizens Property Insurance Corporation, including changes to eligibility requirements, rate increases, and budgeting for employee compensation. 4. It creates new requirements for providing notice before filing a lawsuit under a residential or commercial property insurance policy, and establishes a formula for determining the award of attorney fees in such cases. 5. It allows for the consolidation of multiple lawsuits involving the same residential property insurance policy and property. 6. It expands the Office of Insurance Regulation's authority to examine insurance holding companies and their affiliates.

Committee Categories

Business and Industry, Justice

Sponsors (2)

Other Sponsors (3)

Banking and Insurance (Senate), Judiciary (Senate), Rules (Senate)

Last Action

Chapter No. 2021-77, companion bill(s) passed, see CS/CS/SB 1598 (Ch. 2021-104) (on 06/14/2021)

bill text


bill summary

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bill summary

Document Type Source Location
State Bill Page https://www.flsenate.gov/Session/Bill/2021/76
BillText https://www.flsenate.gov/Session/Bill/2021/76/BillText/er/HTML
Bill https://www.flsenate.gov/Session/Bill/2021/76/BillText/er/PDF
BillText https://www.flsenate.gov/Session/Bill/2021/76/BillText/e1/HTML
Bill https://www.flsenate.gov/Session/Bill/2021/76/BillText/e1/PDF
House Floor Amendment #461493 to Amendment (240104) https://www.flsenate.gov/Session/Bill/2021/76/Amendment/461493/PDF
Senate Floor S Amend. to S Amend. to H Amend. (240104) #323722 https://www.flsenate.gov/Session/Bill/2021/76/Amendment/323722/HTML
Senate Floor S Amend. to H Amend. (334081) #240104 https://www.flsenate.gov/Session/Bill/2021/76/Amendment/240104/HTML
Senate Floor S Amend. to S Amend. to H Amend. (240104) #771120 https://www.flsenate.gov/Session/Bill/2021/76/Amendment/771120/HTML
Senate Floor S Amend. to H Amend. (334081) #597028 https://www.flsenate.gov/Session/Bill/2021/76/Amendment/597028/HTML
Analysis - https://www.flsenate.gov/Session/Bill/2021/76/Analyses/2021s00076.hms.PDF
House Floor Strike All Amendment #334081 https://www.flsenate.gov/Session/Bill/2021/76/Amendment/334081/PDF
House Floor Amendment #609289 https://www.flsenate.gov/Session/Bill/2021/76/Amendment/609289/PDF
House Floor Amendment #792963 to Amendment (334081) https://www.flsenate.gov/Session/Bill/2021/76/Amendment/792963/PDF
House Floor Amendment #604993 to Amendment (334081) https://www.flsenate.gov/Session/Bill/2021/76/Amendment/604993/PDF
Senate Floor Amendment #723414 https://www.flsenate.gov/Session/Bill/2021/76/Amendment/723414/HTML
Senate Floor Amendment #170778 https://www.flsenate.gov/Session/Bill/2021/76/Amendment/170778/HTML
Senate Floor Amendment #445616 https://www.flsenate.gov/Session/Bill/2021/76/Amendment/445616/HTML
Senate Floor Amendment #109786 https://www.flsenate.gov/Session/Bill/2021/76/Amendment/109786/HTML
Senate Floor Amendment #562652 https://www.flsenate.gov/Session/Bill/2021/76/Amendment/562652/HTML
Senate Floor Amendment #178782 https://www.flsenate.gov/Session/Bill/2021/76/Amendment/178782/HTML
Senate Floor Amendment #689562 https://www.flsenate.gov/Session/Bill/2021/76/Amendment/689562/HTML
Senate Floor Amendment #354868 https://www.flsenate.gov/Session/Bill/2021/76/Amendment/354868/HTML
Senate Floor Amendment #632922 https://www.flsenate.gov/Session/Bill/2021/76/Amendment/632922/HTML
Senate Floor Amendment #945980 https://www.flsenate.gov/Session/Bill/2021/76/Amendment/945980/HTML
Senate Floor Amendment #165470 https://www.flsenate.gov/Session/Bill/2021/76/Amendment/165470/HTML
Senate Floor Amendment #302432 https://www.flsenate.gov/Session/Bill/2021/76/Amendment/302432/HTML
Senate Floor Amendment #642438 https://www.flsenate.gov/Session/Bill/2021/76/Amendment/642438/HTML
BillText https://www.flsenate.gov/Session/Bill/2021/76/BillText/c3/HTML
Bill https://www.flsenate.gov/Session/Bill/2021/76/BillText/c3/PDF
Analysis - Rules (Post-Meeting) https://www.flsenate.gov/Session/Bill/2021/76/Analyses/2021s00076.rc.PDF
Analysis - Rules (Pre-Meeting) https://www.flsenate.gov/Session/Bill/2021/76/Analyses/2021s00076.pre.rc.PDF
Analysis - Judiciary (Post-Meeting) https://www.flsenate.gov/Session/Bill/2021/76/Analyses/2021s00076.ju.PDF
BillText https://www.flsenate.gov/Session/Bill/2021/76/BillText/c2/HTML
Bill https://www.flsenate.gov/Session/Bill/2021/76/BillText/c2/PDF
Analysis - Judiciary (Pre-Meeting) https://www.flsenate.gov/Session/Bill/2021/76/Analyses/2021s00076.pre.ju.PDF
BillText https://www.flsenate.gov/Session/Bill/2021/76/BillText/c1/HTML
Bill https://www.flsenate.gov/Session/Bill/2021/76/BillText/c1/PDF
Analysis - Banking and Insurance (Post-Meeting) https://www.flsenate.gov/Session/Bill/2021/76/Analyses/2021s00076.bi.PDF
Senate Committee Substitue Amendment #480584Amendment to Substitute Amendment (977334) https://www.flsenate.gov/Session/Bill/2021/76/Amendment/480584/HTML
Senate Committee Amendment #214308 https://www.flsenate.gov/Session/Bill/2021/76/Amendment/214308/HTML
Senate Committee Amendment #232144 https://www.flsenate.gov/Session/Bill/2021/76/Amendment/232144/HTML
Senate Committee Amendment #534640 https://www.flsenate.gov/Session/Bill/2021/76/Amendment/534640/HTML
Senate Committee Substitue Amendment #977334 Amendment (232144) https://www.flsenate.gov/Session/Bill/2021/76/Amendment/977334/HTML
Senate Committee Amendment #440438 https://www.flsenate.gov/Session/Bill/2021/76/Amendment/440438/HTML
Senate Committee Amendment #301036 https://www.flsenate.gov/Session/Bill/2021/76/Amendment/301036/HTML
Senate Committee Amendment #590314 https://www.flsenate.gov/Session/Bill/2021/76/Amendment/590314/HTML
Analysis - Banking and Insurance (Pre-Meeting) https://www.flsenate.gov/Session/Bill/2021/76/Analyses/2021s00076.pre.bi.PDF
BillText https://www.flsenate.gov/Session/Bill/2021/76/BillText/Filed/HTML
Bill https://www.flsenate.gov/Session/Bill/2021/76/BillText/Filed/PDF
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