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CS/CS/HB 1109: Property Insurance

GENERAL BILL by Regulatory Affairs Committee ; Insurance and Banking Subcommittee ; Wood

Property Insurance; Prohibits compensation, inducement, or reward from inspectors for referrals; providing applicability; requires Citizens Property Insurance Corporation's board to contract with DOAH to hear protests of corporation's decisions regarding purchase of commodities & contractual services & issue recommended order; requires board to take final action in public meeting; revises date for submitting annual loss ratio report for residential coverage; defines "surplus lines insurer"; authorizes eligible surplus lines insurers to participate in corporation's clearinghouse program & providing criteria for such eligibility; provides that certain applicants who accept offer from surplus lines insurer are considered renewal; repeals provisions relating to annual report requirement relating to aggregate net probable maximum losses; requires corporation to annually provide certain estimates for next 12-month period to Legislature & FSC.

Effective Date: 7/1/2014
Last Action: 4/29/2014 House - Laid on Table, companion bill(s) passed, see CS/CS/SB 1672 (Ch. 2014-104) -HJ 876
Location: Laid on Table
Bill Text: PDF



Bill History

Date Chamber Action
2/25/2014 House • Filed
3/4/2014 House • Introduced -HJ 93
3/5/2014 House • Referred to Insurance and Banking Subcommittee; Government Operations Appropriations Subcommittee; Regulatory Affairs Committee -HJ 204
3/21/2014 House • PCS on Committee agenda-- Insurance and Banking Subcommittee, 03/25/14, 8:00 am, Sumner Hall
3/25/2014 House • CS by Insurance and Banking Subcommittee; YEAS 13 NAYS 0 -HJ 388
3/26/2014 House • Pending review of CS under Rule 7.19(c)
3/27/2014 House • CS by Insurance and Banking Subcommittee read 1st time -HJ 384
3/28/2014 House • Original reference(s) removed: Government Operations Appropriations Subcommittee
• CS referred to Regulatory Affairs Committee -HJ 404
• Now in Regulatory Affairs Committee -HJ 404
4/8/2014 House • On Committee agenda-- Regulatory Affairs Committee, 04/10/14, 8:00 am, Sumner Hall
4/10/2014 House • CS/CS by- Regulatory Affairs Committee; YEAS 17 NAYS 1 -HJ 541
4/14/2014 House • Pending review of CS -under Rule 7.19(c)
4/15/2014 House • CS/CS by Regulatory Affairs Committee read 1st time -HJ 535
4/16/2014 House • Placed on Calendar -HJ 545
4/22/2014 House • Placed on Special Order Calendar, 04/24/14
4/24/2014 House • Temporarily postponed, on 2nd Reading -HJ 655
4/28/2014 House • Placed on Special Order Calendar, 04/29/14
4/29/2014 House • Laid on Table, companion bill(s) passed, see CS/CS/SB 1672 (Ch. 2014-104) -HJ 876