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CS/HB 893: Coverage by the Citizens Property Insurance Corporation

GENERAL BILL by Insurance & Banking Subcommittee ; Lopez, V. ; (CO-INTRODUCERS) Eskamani ; LaMarca

Coverage by the Citizens Property Insurance Corporation; Revises types of policies that go to specified accounts of Citizens Property Insurance Corporation; revises requirements for areas that are eligible for certain personal residential & commercial residential & commercial nonresidential policy coverages by corporation; authorizes corporation to amend wind-eligible areas; authorizes corporation to consider certain factors in developing new eligibility criteria & rates for policies that provide wind-only coverage; provides that such rates are subject to specified provisions; requires corporation to review & submit to Legislature any recommendations to revise certain eligibility criteria for review & approval.

Effective Date: 7/1/2024
Last Action: 3/8/2024 House - Died in Commerce Committee
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    12/14/2023 House • Filed
    1/5/2024 House • Referred to Insurance & Banking Subcommittee
    • Referred to Commerce Committee
    • Now in Insurance & Banking Subcommittee
    1/9/2024 House • 1st Reading (Original Filed Version)
    2/2/2024 House • 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 • Referred to Commerce Committee
    • Now in Commerce Committee
    • 1st Reading (Committee Substitute 1)
    3/8/2024 House • Died in Commerce Committee

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  • CS/HB 893, Committee Substitute 1 (Current Bill Version) Posted 2/6/2024 at 5:47 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1428 Coverage by the Citizens Property Insurance Corporation DiCeglie Similar Last Action: 3/8/2024 S Died in Banking and Insurance

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    627.351 Insurance risk apportionment plans. Page 2 (pdf)

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  • HB 893, Original Filed Version Posted 12/14/2023 at 10:00 AM

    Bill Text:   PDF
    Analyses:   Insurance & Banking Subcommittee (Post-Meeting) 2/6/2024 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1428 Coverage by the Citizens Property Insurance Corporation DiCeglie Similar Last Action: 3/8/2024 S Died in Banking and Insurance

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    674781 - Amendment
    Remove lines 550-566 and insert:
    Lopez, V. 2/5/2024
    6:30 PM
    Adopted without Objection
    2/6/2024
    PDF

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    627.351 Insurance risk apportionment plans. Page 2 (pdf)

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