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SPB 7062: Citizens Property Insurance Corporation Coverage

PROPOSED BILL by Banking and Insurance

Citizens Property Insurance Corporation Coverage; Revising the applicability of the limitations on public adjuster charges for claims based on events that are the subject of a declaration of a state of emergency; requiring the corporation to cease offering new commercial residential policies providing multiperil coverage after a certain date and providing that the corporation continue offering commercial residential wind-only policies; requiring the corporation to annually provide certain estimates for the next 12-month period to the Legislature and the Financial Services Commission, etc.

Effective Date: Except as otherwise expressly provided in this act, this act shall take effect July 1, 2014
Last Action: 3/13/2014 Senate - Submit as committee bill by Banking and Insurance (SB 1672)
Location:
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
2/28/2014 Senate • Submitted for consideration by Banking and Insurance
• On Committee agenda-- Banking and Insurance, 03/05/14, 1:30 pm, 110 Senate Office Building --Temporarily Postponed
3/6/2014 Senate • On Committee agenda-- Banking and Insurance, 03/11/14, 4:00 pm, 110 Senate Office Building -- Submitted as Committee Bill; YEAS 7 NAYS 4
3/13/2014 Senate • Submit as committee bill by Banking and Insurance (SB 1672)