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CS/CS/HB 7065: Insurance Assignment Agreements

GENERAL BILL by Judiciary Committee ; Insurance and Banking Subcommittee ; Civil Justice Subcommittee ; Rommel ; (CO-INTRODUCERS) Caruso ; Donalds ; Fetterhoff ; Grant, M. ; Leek ; Rodriguez, A.M. ; Roth ; Sabatini ; Sprowls ; Stevenson

Insurance Assignment Agreements; Providing requirements and limitations for property insurance assignment agreements; providing a burden of proof; providing that an assignment agreement does not affect managed repair arrangements under a property insurance policy; providing that an acceptance by an assignee of an assignment agreement is a waiver by the assignee and its subcontractors of certain claims against an insured; specifying an insured's payment obligations under an assignment agreement; requiring notice of intent to initiate litigation, etc.

Effective Date: 7/1/2019
Last Action: 5/23/2019 - Chapter No. 2019-57
Bill Text: PDF



Bill History

Date Chamber Action
3/12/2019 House • Filed
3/13/2019 House • Referred to Insurance and Banking Subcommittee; Judiciary Committee -HJ 397
• Introduced -HJ 397
3/15/2019 House • On Committee agenda-- Insurance and Banking Subcommittee, 03/19/19, 3:30 pm, Sumner Hall
3/19/2019 House • CS by Insurance and Banking Subcommittee; YEAS 14 NAYS 1 -HJ 480
3/21/2019 House • Pending review of CS under Rule 7.18(c)
• CS by Insurance and Banking Subcommittee read 1st time -HJ 477
3/22/2019 House • Now in Judiciary Committee -HJ 488
3/26/2019 House • On Committee agenda-- Judiciary Committee, 03/28/19, 8:00 am, Sumner Hall
3/28/2019 House • CS/CS by- Judiciary Committee; YEAS 14 NAYS 3 -HJ 552
3/29/2019 House • Pending review of CS -under Rule 7.18(c)
4/1/2019 House • CS/CS by Judiciary Committee read 1st time -HJ 550
• Placed on Calendar -HJ 554
4/4/2019 House • Placed on Special Order Calendar, 04/10/19
4/10/2019 House • Read 2nd time -HJ 614
• Amendment(s) adopted (437797, 738325) -HJ 615, 619
• Placed on 3rd reading
4/11/2019 House • Read 3rd time -HJ 653
• CS passed as amended; YEAS 96 NAYS 20 -HJ 654
4/18/2019 Senate • In Messages
• Referred to Banking and Insurance; Judiciary; Rules -SJ 401
4/22/2019 Senate • Received -SJ 401
4/23/2019 Senate • Withdrawn from Banking and Insurance; Judiciary; Rules -SJ 412
• Placed on Calendar, on 2nd reading
• Substituted for CS/CS/CS/SB 122 -SJ 412
• Read 2nd time -SJ 412
• Amendment(s) failed (663344) -SJ 413
• Placed on 3rd reading
4/24/2019 Senate • Read 3rd time -SJ 450
• CS passed; YEAS 25 NAYS 14 -SJ 450
4/24/2019 House • Ordered enrolled -HJ 848
5/22/2019 • Signed by Officers and presented to Governor
5/23/2019 • Approved by Governor
• Chapter No. 2019-57