HB 1477

  • Florida House Bill
  • 2023 Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Abstract

Insurance; Creates Property Insurance Commission; provides for election of Commissioner of Insurance Regulation; revises homeowners' eligibility criteria for mitigation grants; requires interests earned on insurance proceeds received by mortgagees & assignees to be paid to insureds; prohibits property insurers from claiming insolvency under certain circumstances; authorizes persons that engage in property insurance activities in other states to engage in insurance activities in this state only under certain circumstances; requires property insurers to cap premiums or to create sliding fee scales for premium rates; prohibits property insurers from using certain defenses as claims denials; revises requirements for risk assignment agreements; requires OPPAGA to conduct study of effectiveness of property insurance mediation program. APPROPRIATION: $300,000,000

Bill Sponsors (20)

Votes


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Actions


May 05, 2023

House

Died in Insurance & Banking Subcommittee

Mar 09, 2023

House

Referred to Insurance & Banking Subcommittee

House

Referred to State Administration & Technology Appropriations Subcommittee

House

Referred to Commerce Committee

House

Now in Insurance & Banking Subcommittee

Mar 07, 2023

House

1st Reading (Original Filed Version)

Mar 03, 2023

House

Filed

Bill Text

Bill Text Versions Format
H 1477 Filed PDF

Related Documents

Document Format
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Sources

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