HB 1489: Insurance
GENERAL BILL by Driskell ; Keen ; (CO-INTRODUCERS) Arrington ; Bartleman ; Bracy Davis ; Cassel ; Cross ; Eskamani ; Gantt ; Gottlieb ; Harris ; Hunschofsky ; Joseph ; Nixon ; Robinson, F. ; Skidmore ; Valdés ; Waldron ; Williams
Insurance; Creates Property Insurance Commission; provides powers & duties of commission; provides for election of Commissioner of Insurance Regulation; prohibits commissioner from engaging in certain activities or employment for specified period after leaving office; requires interest earned on insurance proceeds received by mortgagees & assignees to be paid to insureds; prohibits property insurers from claiming insolvency; authorizes persons who engage in property insurance activities in other states to engage in insurance activities in this state; prohibits property insurers from using certain defenses as claims denials; requires insurance agents to advise insurance applicants of flood risk; requires OPPAGA to conduct study of effectiveness of property insurance mediation program; increases appropriation to My Safe Florida Home Program; provides effective date. APPROPRIATION: $300,000,000
Last Action: 3/8/2024 House - Died in Insurance & Banking Subcommittee
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/8/2024 | House |
• Filed |
| 1/9/2024 | House |
• 1st Reading (Original Filed Version) |
| 1/13/2024 | House |
• Referred to Insurance & Banking Subcommittee • Referred to State Administration & Technology Appropriations Subcommittee • Referred to Commerce Committee • Now in Insurance & Banking Subcommittee |
| 3/8/2024 | House |
• Died in Insurance & Banking Subcommittee |
