The Florida Senate

SB 1464: Fair Settlement Act

GENERAL BILL by Brandes

Fair Settlement Act; Citing this act as the "Fair Settlement Act"; revising circumstances under which the Department of Financial Services and an authorized insurer must be given a certain presuit notice; requiring insureds, claimants, or any person acting on their behalf to provide insurers with written notices of loss as a condition precedent to bad faith actions; providing a limitation on an insurer’s liability to third-party claimants, under certain circumstances, if it files an interpleader action within a certain timeframe, etc.

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• Bill History

  Date	Chamber	Action
  2/27/2019	Senate	• Filed
  3/8/2019	Senate	• Referred to Banking and Insurance; Judiciary; Rules -SJ 196
  3/13/2019	Senate	• Introduced -SJ 196
  3/18/2019	Senate	• On Committee agenda-- Banking and Insurance, 03/18/19, 4:00 pm, 412 Knott Building --Not Considered
  5/3/2019	Senate	• Indefinitely postponed and withdrawn from consideration • Died in Banking and Insurance, companion bill(s) passed, see CS/CS/CS/HB 301 (Ch. 2019-108)

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• SB 1464, Original Filed Version (Current Bill Version) Posted 2/27/2019 at 2:45 PM

  Bill Text:	Web Page | PDF

  Analyses:	Banking and Insurance (Pre-Meeting) 3/15/2019 (pdf)

  Related Bills (2)

  Bill Number	Subject	Filed By	Relationship	Last Action and Location	Track Bills
  H 301 (er)	Insurance	Insurance and Banking Subcommittee	Compare	Last Action: 6/18/2019 Chapter No. 2019-108
  S 896	Motor Vehicle Insurance	Brandes	Compare	Last Action: 5/3/2019 S Died in Infrastructure and Security, companion bill(s) passed, see CS/CS/CS/HB 301 (Ch. 2019-108)

  Citations - Statutes (1)

  Citation	Catchline	Location in Bill Location In Bill Help
  624.155	Civil remedy.	Page 2 (pdf)

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