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HB 1017: Insurance

GENERAL BILL by Edmonds ; (CO-INTRODUCERS) Casello

Insurance; Creates Property Insurance Commission; provides powers & duties of commission & election of Commissioner of Insurance Regulation; prohibits commissioner from engaging in certain activities or employment after leaving office; requires interest earned on insurance proceeds be paid to insureds; specifies condition on insurance activities engaged in within this state by person who engages in property insurance activities in another state; prohibits property insurers from using certain defenses for denial of claims; requires DFS to adopt rules regarding its handling of allegations of insurance fraud made by insurers or their employees or contractors; specifies appropriations for My Safe Florida Home Program. APPROPRIATION: $300,000,000

Effective Date: 7/1/2024
Last Action: 3/8/2024 House - Died in Insurance & Banking Subcommittee
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    12/22/2023 House • Filed
    1/8/2024 House • Referred to Insurance & Banking Subcommittee
    • Referred to Appropriations Committee
    • Referred to Commerce Committee
    • Now in Insurance & Banking Subcommittee
    1/9/2024 House • 1st Reading (Original Filed Version)
    3/8/2024 House • Died in Insurance & Banking Subcommittee

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  • HB 1017, Original Filed Version (Current Bill Version) Posted 12/22/2023 at 4:41 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 102 Property Insurance Jones Identical Last Action: 3/8/2024 S Died in Banking and Insurance
    H 1489 Insurance Driskell, Keen Compare Last Action: 3/8/2024 H Died in Insurance & Banking Subcommittee
    S 1556 Insurance Davis Compare Last Action: 3/8/2024 S Died in Banking and Insurance

    Citations - Statutes (10)

    Citation Catchline Location in Bill Location In Bill Help
    11.91 Page 3 (pdf)
    20.121 Department of Financial Services. Page 4 (pdf)
    112.3134 Page 8 (pdf)
    494.0026 Disposition of insurance proceeds. Page 8 (pdf)
    624.401 Certificate of authority required. Page 9 (pdf)
    627.0629 Residential property insurance; rate filings. Page 12 (pdf)
    627.701 Liability of insureds; coinsurance; deductibles. Page 12 (pdf)
    627.715 Flood insurance. Page 27 (pdf)
    627.7152 Assignment agreements. Page 28 (pdf)
    627.7156 Page 30 (pdf)

    Citations - Chapter Law (1)

    Chapter Law Section Amended Location in Bill Location In Bill Help
    2022-268 Section 4 Page 32 (pdf)

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