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HB 75: Windstorm Insurance Policies

GENERAL BILL by Heyman ; (CO-INTRODUCERS) Barreiro ; Lerner ; Gelber ; Prieguez ; Gannon ; Sobel ; Gottlieb ; Seiler ; Cantens ; Brutus ; Greenstein ; Meadows ; Smith ; Bendross-Mindingall ; Betancourt ; Bullard ; Bucher ; Wishner ; Rich ; Peterman ; Fields ; Atwater ; Frankel

Windstorm Insurance Policies; provides that insurers may not use model to determine hurricane-loss factors for use in rate filing until Fla. Commission on Hurricane Loss Projection Methodology finds that publicly owned model developed by State University System is reliable to determine such factors; provides for assignment by association of personal lines residential policies located in deauthorized area to authorized insurers, etc. Amends 627.0628,.351; repeals 627.062(6).

Effective Date: Upon becoming law
Last Action: 5/4/2001 House - Died in Committee on Insurance (CCC)
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
12/11/2000 House • Prefiled
1/12/2001 House • Referred to Insurance (CCC); Local Government & Veterans Affairs (SGC); Council for Competitive Commerce
3/6/2001 House • Introduced, referred to Insurance (CCC); Local Government & Veterans Affairs (SGC); Council for Competitive Commerce -HJ 00017
5/4/2001 House • Died in Committee on Insurance (CCC)