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Bill > H1109


FL H1109

FL H1109
Property Insurance


summary

Introduced
02/25/2014
In Committee
03/28/2014
Crossed Over
Passed
Dead
05/02/2014

Introduced Session

Potential new amendment
2014 Regular Session

Bill Summary

Prohibits compensation, inducement, or reward from inspectors for referrals; providing applicability; requires Citizens Property Insurance Corporation's board to contract with DOAH to hear protests of corporation's decisions regarding purchase of commodities & contractual services & issue recommended order; requires board to take final action in public meeting; revises date for submitting annual loss ratio report for residential coverage; defines "surplus lines insurer"; authorizes eligible surplus lines insurers to participate in corporation's clearinghouse program & providing criteria for such eligibility; provides that certain applicants who accept offer from surplus lines insurer are considered renewal; repeals provisions relating to annual report requirement relating to aggregate net probable maximum losses; requires corporation to annually provide certain estimates for next 12-month period to Legislature & FSC.

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 1672 (Ch. 2014-104) (on 04/29/2014)

bill text


bill summary

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bill summary

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