1 | A bill to be entitled |
2 | An act relating to property insurance; prohibiting |
3 | insurers from increasing and the Office of Insurance |
4 | Regulation and the Financial Services Commission from |
5 | approving any increase in premium until property insurance |
6 | reform legislation is enacted by the Legislature and |
7 | becomes law; providing an effective date. |
8 |
|
9 | Be It Enacted by the Legislature of the State of Florida: |
10 |
|
11 | Section 1. Notwithstanding any provision of law, an |
12 | insurer may not increase and the Office of Insurance Regulation |
13 | and the Financial Services Commission may not approve any |
14 | application for an increase in premium for any property |
15 | insurance policy issued or sold in this state until after |
16 | property insurance reform legislation is enacted by the |
17 | Legislature and becomes law. |
18 | Section 2. This act shall take effect upon becoming a law. |