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CS/CS/HB 1149: Policy Cancellations and Nonrenewals by Property Insurers

GENERAL BILL by Commerce Committee ; Insurance & Banking Subcommittee ; Botana ; (CO-INTRODUCERS) Barnaby ; Cassel ; Eskamani ; Lopez, V.

Policy Cancellations and Nonrenewals by Property Insurers; Prohibits authorized insurers & eligible surplus lines insurers from canceling & nonrenewing policies covering dwellings & residential properties damaged by covered perils within certain timeframes; provides exceptions to prohibitions against insurers' policy cancellations & nonrenewals within certain timeframes; authorizes FSC to adopt rules & Commissioner of Insurance Regulation to issue orders; provides conditions under which structure is deemed to be repaired.

Effective Date: 7/1/2024
Last Action: 3/8/2024 House - Died on Second Reading Calendar
Bill Text: PDF



Bill History

Date Chamber Action
1/3/2024 House • Filed
1/9/2024 House • Referred to Insurance & Banking Subcommittee
• Referred to State Administration & Technology Appropriations Subcommittee
• Referred to Commerce Committee
• Now in Insurance & Banking Subcommittee
• 1st Reading (Original Filed Version)
2/2/2024 House • PCS added to Insurance & Banking Subcommittee agenda
2/6/2024 House • Favorable with CS by Insurance & Banking Subcommittee
• Reported out of Insurance & Banking Subcommittee
• Laid on Table under Rule 7.18(a)
• CS Filed
2/7/2024 House • Original reference removed: State Administration & Technology Appropriations Subcommittee
• Referred to Commerce Committee
• Now in Commerce Committee
• 1st Reading (Committee Substitute 1)
2/20/2024 House • Added to Commerce Committee agenda
2/22/2024 House • Favorable with CS by Commerce Committee
2/24/2024 House • Reported out of Commerce Committee
• Laid on Table under Rule 7.18(a)
• CS Filed
2/26/2024 House • Bill referred to House Calendar
• 1st Reading (Committee Substitute 2)
• Added to Second Reading Calendar
3/8/2024 House • Died on Second Reading Calendar