CS/CS/HB 879: Flood Insurance
GENERAL BILL by Regulatory Affairs Committee ; Insurance and Banking Subcommittee ; Hooper ; (CO-INTRODUCERS) Ahern ; Dudley ; Gibbons ; Mayfield ; Peters ; Rogers ; Van Zant ; Zimmermann
Flood Insurance; Adds projected flood losses to factors that must be considered by OIR in reviewing certain rate filings; requires Florida Commission on Hurricane Loss Projection Methodology to adopt standards & guidelines relating to personal lines residential flood loss by certain date; authorizes certain insurers to offer flood insurance in this state; provides standard & preferred coverage requirements; provides standard, preferred, & customized coverage requirements; authorizes supplemental flood insurance; provides supplemental flood insurance requirements; defines "flood"; requires that certain limitations be noted on policy declarations or face page; provides insurer with rate options; authorizes surplus lines agent to export contract or endorsement for flood coverage to surplus lines insurer without meeting certain requirements; requires insurer to notify office before writing flood insurance & to file plan of operation with office; provides an exception; prohibits Citizens Property Insurance Corporation from providing flood insurance; prohibits Florida Hurricane Catastrophe Fund from reimbursing losses caused by flooding; requires certain agents to obtain an acknowledgment of certain disclosures signed by applicant.
Last Action: 4/25/2014 House - Laid on Table, companion bill(s) passed, see CS/CS/CS/SB 542 (Ch. 2014-80), SB 1262 (Ch. 2014-98) -HJ 764
Location: Laid on Table
Bill Text: PDF
• Referred to Insurance and Banking Subcommittee; Government Operations Appropriations Subcommittee; Regulatory Affairs Committee -HJ 77
• PCS on Committee agenda-- Insurance and Banking Subcommittee, 03/05/14, 3:30 pm, Sumner Hall
• Introduced -HJ 77
• CS by Insurance and Banking Subcommittee; YEAS 13 NAYS 0 -HJ 219
• Pending review of CS under Rule 7.19(c)
• CS by Insurance and Banking Subcommittee read 1st time -HJ 214
• Now in Government Operations Appropriations Subcommittee -HJ 277
• On Committee agenda-- Government Operations Appropriations Subcommittee, 03/24/14, 3:00 pm, Morris Hall
• Favorable by Government Operations Appropriations Subcommittee; YEAS 12 NAYS 0 -HJ 339
• Now in Regulatory Affairs Committee -HJ 339
• On Committee agenda-- Regulatory Affairs Committee, 04/10/14, 8:00 am, Sumner Hall
• CS/CS by- Regulatory Affairs Committee; YEAS 15 NAYS 0 -HJ 541
• Pending review of CS -under Rule 7.19(c)
• CS/CS by Regulatory Affairs Committee read 1st time -HJ 535
• Placed on Calendar -HJ 545
• Placed on Special Order Calendar, 04/25/14
• Substituted CS/CS/CS/SB 542 -HJ 764
• Laid on Table, companion bill(s) passed, see CS/CS/CS/SB 542 (Ch. 2014-80), SB 1262 (Ch. 2014-98) -HJ 764
Companion bills that are identical word-for-word, not including titles. However, Resolutions and Concurrent Resolutions are considered identical if the only difference is the word "House" or "Senate."
Companion bills that are substantially similar in text or have substantial portions of text that are largely the same.
Bills that have selected provisions that are similar in text.
A bill that is contingent upon passage of another bill within the same chamber, e.g., a trust fund bill, a bill providing a public record exemption, or an implementing bill.
The page numbers, when listed, for citations are constantly under review. The journals or printed bills of the respective chambers should be consulted as the official documents of the Legislature.
The links for the page numbers are formatted to open the bill text PDF directly to the page containing the citation. However, if your browser is set to open PDFs in a new window, as is often the case with 64-bit browsers, the bill text will open to the first page.