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The Florida Senate

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.

Effective Date: 7/1/2022
Last Action: 1/12/2022 House - Now in Insurance & Banking Subcommittee
Bill Text: PDF



Bill History

Date Chamber Action
1/7/2022 House • Filed
1/11/2022 House • 1st Reading (Original Filed Version)
1/12/2022 House • Referred to Insurance & Banking Subcommittee
• Referred to State Administration & Technology Appropriations Subcommittee
• Referred to Commerce Committee
• Now in Insurance & Banking Subcommittee