Bill > S0468

This bill makes several changes to insurance laws in Florida: - It redefines the term "covered policy" under the Florida Hurricane Catastrophe Fund to include certain collateral protection insurance policies. It also allows associations, trusts, or pools created for public entities to use communications technology to establish a quorum and conduct business. - It authorizes insurers to file insurance rating plans based on certain windstorm mitigation construction standards, and it makes changes to workers' compensation auditing requirements. - It adds a new certification category for all-lines adjusters, and it makes various other changes related to company employee adjusters, public adjusters, and assignment of insurance benefits. - It allows Citizens Property Insurance Corporation to continue providing coverage for certain high-value residential structures, and it makes changes to notice requirements for automatic bank withdrawals and policy delivery. - It provides additional options for how insurers can account for windstorm mitigation in residential property insurance rate filings. The bill aims to increase the availability of affordable property insurance in Florida and improve the state's insurance market.

Budget and Finance, Business and Industry, Justice

Banking and Insurance (Senate), Judiciary (Senate)

https://www.flsenate.gov/Session/Bill/2022/468