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The Florida Senate

CS/CS/HB 909: Property Insurance

GENERAL BILL by Regulatory Affairs Committee ; Insurance and Banking Subcommittee ; Wood

Property Insurance; Amends provisions relating to Florida Hurricane Catastrophe Fund; revises exemption of medical malpractice insurance premiums from emergency assessments if certain revenues are determined to be insufficient to fund obligations, costs, & expenses of Florida Hurricane Catastrophe Fund & Florida Hurricane Catastrophe Fund Finance Corporation; exempts Citizens Property Insurance Corporation from exchange of business limitations & restrictions when placing business with authorized insurers; revises restrictions on public adjuster compensation, payment, commission, fee, or any other thing of value; provides that certain residential structures are not eligible for coverage by corporation after specified dates; requires creation of clearinghouse program within corporation; requires Florida Hurricane Catastrophe Fund & Citizens Property Insurance Corporation to each submit reports annually to Legislature & Financial Services Commission relating to aggregate net probable maximum losses, financing options, & potential assessments, etc.

Effective Date: 7/1/2013
Last Action: 5/3/2013 House - Died on Calendar, companion bill(s) passed, see CS/SB 1770 (Ch. 2013-60), SB 1850 (Ch. 2013-61)
Bill Text: PDF



Bill History

Date Chamber Action
2/19/2013 House • Filed
2/28/2013 House • Referred to Insurance and Banking Subcommittee; Civil Justice Subcommittee; Regulatory Affairs Committee -HJ 93
3/5/2013 House • Introduced -HJ 93
3/26/2013 House • PCS on Committee agenda-- Insurance and Banking Subcommittee, 03/28/13, 8:00 am, 404 HOB
3/28/2013 House • CS by Insurance and Banking Subcommittee; YEAS 13 NAYS 0 -HJ 406
4/2/2013 House • Pending review of CS under Rule 7.19(c)
• CS by Insurance and Banking Subcommittee read 1st time -HJ 401
4/3/2013 House • Original reference(s) removed: Civil Justice Subcommittee
• CS referred to Regulatory Affairs Committee -HJ 413
• Now in Regulatory Affairs Committee -HJ 413
4/12/2013 House • On Committee agenda-- Regulatory Affairs Committee, 04/16/13, 9:00 am, 404 HOB
4/16/2013 House • CS/CS by- Regulatory Affairs Committee; YEAS 13 NAYS 2 -HJ 686
4/18/2013 House • Pending review of CS -under Rule 7.19(c)
• CS/CS by Regulatory Affairs Committee read 1st time -HJ 677
4/22/2013 House • Placed on Calendar -HJ 701
4/24/2013 House • Placed on Special Order Calendar, 04/26/13
4/26/2013 House • Read 2nd time -HJ 880
• Amendment(s) adopted (764133) -HJ 897
• Placed on 3rd reading
4/29/2013 House • Temporarily postponed, on 3rd Reading -HJ 934
4/30/2013 House • Temporarily postponed, on 3rd Reading -HJ 989
5/1/2013 House • Temporarily postponed, on 3rd Reading -HJ 1036
5/3/2013 House • Died on Calendar, companion bill(s) passed, see CS/SB 1770 (Ch. 2013-60), SB 1850 (Ch. 2013-61)