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The Florida Senate

SB 1464: Fair Settlement Act

GENERAL BILL by Brandes

Fair Settlement Act; Citing this act as the "Fair Settlement Act"; revising circumstances under which the Department of Financial Services and an authorized insurer must be given a certain presuit notice; requiring insureds, claimants, or any person acting on their behalf to provide insurers with written notices of loss as a condition precedent to bad faith actions; providing a limitation on an insurer’s liability to third-party claimants, under certain circumstances, if it files an interpleader action within a certain timeframe, etc.

Effective Date: 7/1/2019
Last Action: 5/3/2019 Senate - Died in Banking and Insurance, companion bill(s) passed, see CS/CS/CS/HB 301 (Ch. 2019-108)
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Judiciary (JU)
  3. Rules (RC)



Bill History

Date Chamber Action
2/27/2019 Senate • Filed
3/8/2019 Senate • Referred to Banking and Insurance; Judiciary; Rules -SJ 196
3/13/2019 Senate • Introduced -SJ 196
3/18/2019 Senate • On Committee agenda-- Banking and Insurance, 03/18/19, 4:00 pm, 412 Knott Building --Not Considered
5/3/2019 Senate • Indefinitely postponed and withdrawn from consideration
• Died in Banking and Insurance, companion bill(s) passed, see CS/CS/CS/HB 301 (Ch. 2019-108)