HB 1307: Citizens Property Insurance Corporation
GENERAL BILL by Gregory ; Giallombardo
Citizens Property Insurance Corporation; Requires OIR to approve method used by Citizens Property Insurance Corporation for valuing dwelling replacement costs; revises method for determining amounts of potential surcharges to be levied against policyholders; revises procedures for determining eligibility of risk for coverage by corporation; provides eligible surplus lines insurers may participate in same manner & on same terms as authorized insurers in depopulation, take-out, or keep-out programs relating to policies removed from corporation; revises procedures for determining eligibility of risk for coverage with corporation.
Last Action: 1/12/2022 House - Now in Insurance & Banking Subcommittee
Bill Text: PDF
• 1st Reading (Original Filed Version)
• Referred to Insurance & Banking Subcommittee
• Referred to State Administration & Technology Appropriations Subcommittee
• Referred to Commerce Committee
• Now in Insurance & Banking Subcommittee
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