CS/CS/HB 305: Insurance
GENERAL BILL by Commerce Committee ; Insurance and Banking Subcommittee ; Rommel ; (CO-INTRODUCERS) Hage ; Leek ; 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; companion bill(s) passed, see CS/CS/CS/SB 76 (Ch. 2021-77), CS/CS/SB 1598 (Ch. 2021-104)
Bill Text: PDF
Last Action: 4/27/2021 House - Laid on Table; companion bill(s) passed, see CS/CS/CS/SB 76 (Ch. 2021-77), CS/CS/SB 1598 (Ch. 2021-104)
Bill Text: PDF
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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; companion bill(s) passed, see CS/CS/CS/SB 76 (Ch. 2021-77), CS/CS/SB 1598 (Ch. 2021-104)
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CS/CS/HB 305, Committee Substitute 2 (Current Bill Version) Posted 4/23/2021 at 6:39 PM
Bill Text: PDF Analyses: None Related Bills (4)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 76 (er) Insurance Boyd Similar Last Action: 6/14/2021 Chapter No. 2021-77, companion bill(s) passed, see CS/CS/SB 1598 (Ch. 2021-104) 
H 717 (c2) Consumer Protection Clemons, Sr. Compare Last Action: 4/27/2021 H Laid on Table; companion bill(s) passed, see CS/CS/SB 1598 (Ch. 2021-104), CS/CS/CS/SB 76 (Ch. 2021-77)
S 212 Contingency Risk Multipliers Brandes Compare Last Action: 4/30/2021 S Died in Banking and Insurance, companion bill(s) passed, see CS/CS/CS/SB 76 (Ch. 2021-77)
S 1598 (er) Consumer Protection Gruters Compare Last Action: 6/17/2021 Chapter No. 2021-104, companion bill(s) passed, see CS/CS/CS/SB 76 (Ch. 2021-77)
Citations - Statutes (15)
Citation Catchline Location in Bill Location In Bill Help 489.147 Page 5 (pdf) 624.316 Examination of insurers. Page 8 (pdf) 624.318 Conduct of examination or investigation; access to records; correction of accounts; appraisals. Page 9 (pdf) 624.424 Annual statement and other information. Page 9 (pdf) 626.7451 Managing general agents; required contract provisions. Page 12 (pdf) 626.7452 Managing general agents; examination authority. Page 13 (pdf) 626.854 “Public adjuster” defined; prohibitions. Page 13 (pdf) 627.351 Insurance risk apportionment plans. Page 16 (pdf) 627.3518 Citizens Property Insurance Corporation policyholder eligibility clearinghouse program. Page 40 (pdf) 627.428 Attorney fees. Page 42 (pdf) 627.7011 Homeowners’ policies; offer of replacement cost coverage and law and ordinance coverage. Page 43 (pdf) 627.70132 Notice of windstorm or hurricane claim. Page 45 (pdf) 627.7015 Alternative procedure for resolution of disputed property insurance claims. Page 47 (pdf) 627.70152 Page 47 (pdf) 628.801 Insurance holding companies; registration; regulation. Page 53 (pdf) -
CS/HB 305, Committee Substitute 1 Posted 3/24/2021 at 6:26 PM
Bill Text: PDF Analyses: Civil Justice and Property Rights Subcommittee (Post-Meeting) 7/22/2021 (pdf)
Commerce Committee (Post-Meeting) 7/22/2021 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 76 (c3) Property Insurance Boyd Compare Last Action: 6/14/2021 Chapter No. 2021-77, companion bill(s) passed, see CS/CS/SB 1598 (Ch. 2021-104)
Committee Amendments (2)
Amendment Sponsor Filed Last Committee Action Format 950137 - Amendment
Remove lines 892-905 and insert:Diamond
(Diamond)4/6/2021
3:01 PMFailed to Adopt
4/6/2021PDF 172915 - Amendment
Between lines 1059 and 1060, insert:Thompson
(Thompson)4/6/2021
2:28 PMFailed to Adopt
4/6/2021PDF Citations - Statutes (12)
Citation Catchline Location in Bill Location In Bill Help 489.147 Page 4 (pdf) 624.316 Examination of insurers. Page 6 (pdf) 624.318 Conduct of examination or investigation; access to records; correction of accounts; appraisals. Page 7 (pdf) 624.424 Annual statement and other information. Page 8 (pdf) 626.7451 Managing general agents; required contract provisions. Page 10 (pdf) 626.7452 Managing general agents; examination authority. Page 11 (pdf) 626.854 “Public adjuster” defined; prohibitions. Page 11 (pdf) 627.351 Insurance risk apportionment plans. Page 13 (pdf) 627.3518 Citizens Property Insurance Corporation policyholder eligibility clearinghouse program. Page 38 (pdf) 627.70132 Notice of windstorm or hurricane claim. Page 39 (pdf) 627.7015 Alternative procedure for resolution of disputed property insurance claims. Page 40 (pdf) 627.70152 Page 41 (pdf) -
HB 305, Original Filed Version Posted 1/19/2021 at 1:56 PM
Bill Text: PDF Analyses: Insurance and Banking Subcommittee (Post-Meeting) 7/22/2021 (pdf)
Related Bills (2)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 76 (c2) Property Insurance Boyd Compare Last Action: 6/14/2021 Chapter No. 2021-77, companion bill(s) passed, see CS/CS/SB 1598 (Ch. 2021-104)
S 212 Contingency Risk Multipliers Brandes Compare Last Action: 4/30/2021 S Died in Banking and Insurance, companion bill(s) passed, see CS/CS/CS/SB 76 (Ch. 2021-77)
Committee Amendments (1)
Amendment Sponsor Filed Last Committee Action Format 033235 - Strike All Amendment
Remove everything after the enacting clause and insert:Rommel
(Rommel)3/16/2021
7:47 PMAdopted without Objection
3/17/2021PDF Citations - Statutes (4)
Citation Catchline Location in Bill Location In Bill Help 627.428 Attorney fees. Page 2 (pdf) 627.7011 Homeowners’ policies; offer of replacement cost coverage and law and ordinance coverage. Page 2 (pdf) 627.70132 Notice of windstorm or hurricane claim. Page 4 (pdf) 627.7015 Alternative procedure for resolution of disputed property insurance claims. Page 5 (pdf)