CS/CS/HB 1109: Property Insurance
GENERAL BILL by Regulatory Affairs Committee ; Insurance and Banking Subcommittee ; Wood
Property Insurance; Prohibits compensation, inducement, or reward from inspectors for referrals; providing applicability; requires Citizens Property Insurance Corporation's board to contract with DOAH to hear protests of corporation's decisions regarding purchase of commodities & contractual services & issue recommended order; requires board to take final action in public meeting; revises date for submitting annual loss ratio report for residential coverage; defines "surplus lines insurer"; authorizes eligible surplus lines insurers to participate in corporation's clearinghouse program & providing criteria for such eligibility; provides that certain applicants who accept offer from surplus lines insurer are considered renewal; repeals provisions relating to annual report requirement relating to aggregate net probable maximum losses; requires corporation to annually provide certain estimates for next 12-month period to Legislature & FSC.
Last Action: 4/29/2014 House - Laid on Table, companion bill(s) passed, see CS/CS/SB 1672 (Ch. 2014-104) -HJ 876
Bill Text: PDF
• Introduced -HJ 93
• Referred to Insurance and Banking Subcommittee; Government Operations Appropriations Subcommittee; Regulatory Affairs Committee -HJ 204
• PCS on Committee agenda-- Insurance and Banking Subcommittee, 03/25/14, 8:00 am, Sumner Hall
• CS by Insurance and Banking Subcommittee; YEAS 13 NAYS 0 -HJ 388
• Pending review of CS under Rule 7.19(c)
• CS by Insurance and Banking Subcommittee read 1st time -HJ 384
• Original reference(s) removed: Government Operations Appropriations Subcommittee
• CS referred to Regulatory Affairs Committee -HJ 404
• Now in Regulatory Affairs Committee -HJ 404
• On Committee agenda-- Regulatory Affairs Committee, 04/10/14, 8:00 am, Sumner Hall
• CS/CS by- Regulatory Affairs Committee; YEAS 17 NAYS 1 -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, 04/24/14
• Temporarily postponed, on 2nd Reading -HJ 655
• Placed on Special Order Calendar, 04/29/14
• Laid on Table, companion bill(s) passed, see CS/CS/SB 1672 (Ch. 2014-104) -HJ 876
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