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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

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  • 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)

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  • HB 75, Original Filed Version (Current Bill Version) Posted 12/12/2000 at 12:10 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (5)

    Bill Number Subject Filed By Relationship Last Action and Location
    S 182 (e1) Windstorm Insurance Policies Clary Similar Last Action: 5/4/2001 H Died in Messages
    Location:
    H 43 Windstorm Insurance Rate Filings Sorensen Compare Last Action: 5/4/2001 H Died in Committee on Insurance (CCC)
    Location:
    H 1081 Hurricane Loss Projection Method Sobel Compare Last Action: 5/4/2001 H Died in Committee on Insurance (CCC)
    Location:
    S 312 Insurance Rate Filings Campbell Compare Last Action: 5/4/2001 S Died in Committee on Banking and Insurance
    Location:
    S 328 Hurricane Loss Projection Method Geller Compare Last Action: 4/9/2001 S CS combines this bill with 182 & 970; CS by Banking and Insurance; YEAS 12 NAYS 0 -SJ 00328; Original bill laid on Table, refer to combined CS/SB 182 (Died in House Messages)
    Location:

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    627.062 Rate standards.
    627.0628 Florida Commission on Hurricane Loss Projection Methodology.
    627.351 Insurance risk apportionment plans.

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