summary
Introduced
01/27/2014
01/27/2014
In Committee
03/18/2014
03/18/2014
Crossed Over
Passed
Dead
05/02/2014
05/02/2014
Introduced Session
2014 Regular Session
Bill Summary
Provides that claim for residential property insurance cannot be denied based on certain credit information; provides that policy or contract may not be cancelled based on certain credit information; revises rule requirements relating to property insurance mediation program administered by DFS; provides grounds for challenging umpire's impartiality in estimating amount of property loss; redefines term "neutral evaluator"; specifies grounds for denying, suspending, or revoking approval of neutral evaluator; establishes Homeowner Claims Bill of Rights for personal lines residential property insurance policyholders; provides that such bill of rights does not provide cause of action; defines terms; provides requirements for emergency mitigation repair agreements; requires emergency mitigation contractor to be appropriately certified or to possess contracting license.
AI Summary
This bill aims to enhance protections for Florida property insurance policyholders by preventing insurers from denying claims or canceling policies based on certain credit information, and by establishing a Homeowner Claims Bill of Rights that outlines policyholder rights in a clear, non-technical manner, though it does not create new legal actions for policyholders. It also revises rules for the property insurance mediation program, clarifies grounds for challenging the impartiality of an umpire in estimating property loss, and redefines and sets stricter criteria for "neutral evaluators" who assess sinkhole damage. Additionally, the bill mandates that emergency mitigation repair agreements must be with appropriately certified or licensed contractors and specifies requirements for these agreements to ensure transparency and proper execution of services like water damage restoration.
Committee Categories
Business and Industry, Government Affairs
Sponsors (1)
Other Sponsors (2)
Insurance and Banking Subcommittee (House), Regulatory Affairs Committee (House)
Last Action
Laid on Table, companion bill(s) passed, see CS/CS/SB 708 (Ch. 2014-86), CS/CS/HB 633 (Ch. 2014-123) (on 04/29/2014)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | http://www.flsenate.gov/Session/Bill/2014/743 | 01/27/2014 |
| Bill | http://www.flsenate.gov/Session/Bill/2014/0743/BillText/c2/PDF | 04/17/2014 |
| Bill | http://www.flsenate.gov/Session/Bill/2014/0743/BillText/c1/PDF | 03/15/2014 |
| Bill | http://www.flsenate.gov/Session/Bill/2014/0743/BillText/Filed/PDF | 01/27/2014 |
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