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The Florida Senate

CS/CS/HB 305: Insurance

GENERAL BILL by Commerce Committee ; Insurance and Banking Subcommittee ; Rommel ; (CO-INTRODUCERS) Hage ; Melo ; Roth ; Sabatini

Insurance; Prohibits contractor from executing contract with residential property owner for roofing repair or replacement unless certain notice is included; revises Citizens Property Insurance Corporation to include costs of catastrophe reinsurance to its projected 100-year probable maximum loss in its rate calculations; requires corporation to annually implement rate increase that does not exceed certain percent for specified years; requires corporation's budget allocations for salaries for corporation's employees, all employee raises exceeding 10 percent, & employee compensation plan for corporation to be approved by corporation's board of governors; provides that, for award of attorney fees for claim under property insurance policy, application of contingency risk multiplier may be considered only if certain factors have been met; requires written acceptance of actual cash value coverage in homeowner's policy.

Effective Date: 7/1/2021
Last Action: 4/27/2021 House - Laid on Table, refer to CS/CS/CS/SB 76
Bill Text: PDF



Bill History

Date Chamber Action
1/19/2021 House • Filed
2/3/2021 House • Referred to Insurance & Banking Subcommittee
• Referred to Civil Justice & Property Rights Subcommittee
• Referred to Commerce Committee
• Now in Insurance & Banking Subcommittee
3/2/2021 House • 1st Reading (Original Filed Version)
3/15/2021 House • Added to Insurance & Banking Subcommittee agenda
3/19/2021 House • PCS added to Insurance & Banking Subcommittee agenda
3/23/2021 House • Favorable with CS by Insurance & Banking Subcommittee
3/24/2021 House • Reported out of Insurance & Banking Subcommittee
• Laid on Table under Rule 7.18(a)
• CS Filed
3/25/2021 House • 1st Reading (Committee Substitute 1)
3/26/2021 House • Referred to Civil Justice & Property Rights Subcommittee
• Referred to Commerce Committee
• Now in Civil Justice & Property Rights Subcommittee
4/2/2021 House • Added to Civil Justice & Property Rights Subcommittee agenda
4/6/2021 House • Favorable by Civil Justice & Property Rights Subcommittee
• Reported out of Civil Justice & Property Rights Subcommittee
• Now in Commerce Committee
4/18/2021 House • Added to Commerce Committee agenda
• Added to Commerce Committee agenda
4/22/2021 House • PCS added to Commerce Committee agenda
4/23/2021 House • Favorable with CS by Commerce Committee
• Reported out of Commerce Committee
• Laid on Table under Rule 7.18(a)
• CS Filed
• Bill referred to House Calendar
4/26/2021 House • 1st Reading (Committee Substitute 2)
• Added to Second Reading Calendar
4/27/2021 House • Laid on Table, refer to CS/CS/CS/SB 76