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CS/CS/SB 420: Flood Insurance

GENERAL BILL by Community Affairs ; Banking and Insurance ; Brandes

Flood Insurance; Revising the intervals at which specified standards and guidelines for projecting certain rate filings must be revised by the Florida Commission on Hurricane Loss Projection Methodology; authorizing certain insurers to issue insurance policies, contracts, or endorsements providing certain excess coverage for the peril of flood; specifying a condition for an eligible surplus lines insurer before a surplus lines agent may be excepted from a diligent-effort requirement when exporting flood insurance contracts or endorsements to the insurer; revising a provision relating to a specified notice required before the procurement of a private flood insurance policy for property currently insured under the National Flood Insurance Program, etc.

Effective Date: 7/1/2017
 Last Action: 5/2/2017 Senate - Laid on Table, companion bill(s) passed, see CS/CS/HB 813 (Ch. 2017-142) -SJ 628
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Community Affairs (CA)
  3. Rules (RC)

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  • Bill History

    Date Chamber Action
    1/23/2017 Senate • Filed
    2/1/2017 Senate • Referred to Banking and Insurance; Community Affairs; Rules -SJ 67
    2/13/2017 Senate • On Committee agenda-- Banking and Insurance, 02/21/17, 12:30 pm, 110 Senate Office Building
    2/21/2017 Senate • CS by Banking and Insurance; YEAS 8 NAYS 1 -SJ 149
    2/22/2017 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    2/24/2017 Senate • Now in Community Affairs -SJ 149
    3/7/2017 Senate • Introduced -SJ 67
    • CS by Banking and Insurance read 1st time -SJ 145
    3/29/2017 Senate • On Committee agenda-- Community Affairs, 04/03/17, 4:00 pm, 301 Senate Office Building
    4/3/2017 Senate • CS/CS by Community Affairs; YEAS 7 NAYS 0 -SJ 292
    4/4/2017 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    • CS/CS by Community Affairs read 1st time -SJ 293
    4/6/2017 Senate • Now in Rules -SJ 292
    4/14/2017 Senate • On Committee agenda-- Rules, 04/19/17, 4:00 pm, 110 Senate Office Building
    4/19/2017 Senate • Favorable by- Rules; YEAS 10 NAYS 0 -SJ 442
    4/20/2017 Senate • Placed on Calendar, on 2nd reading -SJ 442
    4/28/2017 Senate • Placed on Special Order Calendar, 05/02/17
    5/2/2017 Senate • Read 2nd time -SJ 628
    • Substituted CS/CS/HB 813 -SJ 628
    • Laid on Table, companion bill(s) passed, see CS/CS/HB 813 (Ch. 2017-142) -SJ 628

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  • CS/CS/SB 420, Committee Substitute 2 (Current Bill Version) Posted 4/4/2017 at 3:38 PM

    Bill Text:   Web Page | PDF
    Analyses:   Rules (Pre-Meeting) 4/18/2017 (pdf)
    Rules (Post-Meeting) 4/20/2017 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 813 (er) Flood Insurance Lee Similar Last Action: 6/26/2017 Chapter No. 2017-142 Track This Bill

    Committee Amendments (2)

    Amendment Sponsor Filed Last Committee Action Format
    909524 - Amendment
    Delete lines 173 - 186 and insert:     		Rules
    (Brandes)     		4/18/2017
    3:29 PM     		Withdrawn
    4/19/2017     		Web Page
    PDF
    hierarchy 960142 - Substitute Amendment (909524)
    Delete lines 173 - 186 and insert:     		Rules
    (Brandes)     		4/19/2017
    12:21 PM     		Withdrawn
    4/19/2017     		Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    4/19/2017 4:00 PM Rules 10 Yeas - 0 Nays

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    627.0628 Florida Commission on Hurricane Loss Projection Methodology; public records exemption; public meetings exemption. Page 2 (pdf)
    627.715 Flood insurance. Page 2 (pdf)

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  • CS/SB 420, Committee Substitute 1 Posted 2/22/2017 at 8:16 AM

    Bill Text:   Web Page | PDF
    Analyses:   Community Affairs (Pre-Meeting) 3/31/2017 (pdf)
    Community Affairs (Post-Meeting) 4/4/2017 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 813 (c1) Flood Insurance Lee Similar Last Action: 6/26/2017 Chapter No. 2017-142 Track This Bill

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    601270 - Amendment
    Delete lines 157 - 183 and insert:     		Community Affairs
    (Brandes)     		3/31/2017
    4:28 PM     		Replaced by Committee Substitute
    4/4/2017     		Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    4/3/2017 4:00 PM Community Affairs 7 Yeas - 0 Nays

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    627.0628 Florida Commission on Hurricane Loss Projection Methodology; public records exemption; public meetings exemption. Page 2 (pdf)
    627.715 Flood insurance. Page 2 (pdf)

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  • SB 420, Original Filed Version Posted 1/23/2017 at 9:31 AM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 2/20/2017 (pdf)
    Banking and Insurance (Post-Meeting) 2/21/2017 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 813 Flood Insurance Lee Similar Last Action: 6/26/2017 Chapter No. 2017-142 Track This Bill

    Committee Amendments (3)

    Amendment Sponsor Filed Last Committee Action Format
    283966 - Amendment
    Delete lines 41 - 94 and insert:     		Banking and Insurance
    (Brandes)     		2/21/2017
    8:49 AM     		Replaced by Committee Substitute
    2/21/2017     		Web Page
    PDF
    676588 - Amendment
    Delete lines 148 - 150 and insert:     		Banking and Insurance
    (Brandes)     		2/20/2017
    11:57 AM     		Replaced by Substitute Amendment
    2/21/2017     		Web Page
    PDF
    hierarchy 670196 - Substitute Amendment (676588)
    Delete lines 148 - 152 and insert:     		Banking and Insurance
    (Brandes)     		2/21/2017
    8:48 AM     		Replaced by Committee Substitute
    2/21/2017     		Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    2/21/2017 12:30 PM Banking and Insurance 8 Yeas - 1 Nays

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    627.0628 Florida Commission on Hurricane Loss Projection Methodology; public records exemption; public meetings exemption. Page 1 (pdf)
    627.715 Flood insurance. Page 2 (pdf)

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