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CS/CS/HB 717: Consumer Protection

GENERAL BILL by Commerce Committee ; Insurance and Banking Subcommittee ; Clemons ; (CO-INTRODUCERS) Leek ; Tant

Consumer Protection; Removes provision requiring department to automatically convert registrations of approved registered insurance agencies to insurance agency licenses; prohibits entity from unlicensed activity as adjusting firm unless entity complies with specified requirement; authorizes department to disapprove use of insurance agency names containing words "Medicare" or "Medicaid"; revises timeframe in which insured or claimant may cancel public adjuster's contract to adjust claim without penalty or obligation; specifies requirements for written estimates of loss provided by public adjusters to claimants or insureds; revises timeframe in which insurer must begin investigation after receipt of proof of loss statements; requires insurer to keep records of adjusters interacting with policyholders; requires insurer to include specified notices when providing damage estimates or claim payments.

Effective Date: upon becoming a law
Last Action: 4/27/2021 House - Laid on Table; companion bill(s) passed, see CS/CS/SB 1598 (Ch. 2021-104), CS/CS/CS/SB 76 (Ch. 2021-77)
Bill Text: PDF



Bill History

Date Chamber Action
2/3/2021 House • Filed
2/18/2021 House • Referred to Insurance & Banking Subcommittee
• Referred to State Administration & Technology Appropriations Subcommittee
• Referred to Commerce Committee
• Now in Insurance & Banking Subcommittee
3/2/2021 House • Added to Insurance & Banking Subcommittee agenda
• 1st Reading (Original Filed Version)
3/4/2021 House • Favorable with CS by Insurance & Banking Subcommittee
• Reported out of Insurance & Banking Subcommittee
3/5/2021 House • Laid on Table under Rule 7.18(a)
• CS Filed
• 1st Reading (Committee Substitute 1)
3/9/2021 House • Referred to State Administration & Technology Appropriations Subcommittee
• Referred to Commerce Committee
• Now in State Administration & Technology Appropriations Subcommittee
• Added to State Administration & Technology Appropriations Subcommittee agenda
3/11/2021 House • Favorable by State Administration & Technology Appropriations Subcommittee
• Reported out of State Administration & Technology Appropriations Subcommittee
• Now in Commerce Committee
3/22/2021 House • Added to Commerce Committee agenda
4/18/2021 House • Added to Commerce Committee agenda
• Added to Commerce Committee agenda
4/19/2021 House • Favorable with CS by Commerce Committee
4/20/2021 House • Reported out of Commerce Committee
• Laid on Table under Rule 7.18(a)
• CS Filed
• 1st Reading (Committee Substitute 2)
4/22/2021 House • Bill referred to House Calendar
• Added to Second Reading Calendar
4/27/2021 House • Laid on Table; companion bill(s) passed, see CS/CS/SB 1598 (Ch. 2021-104), CS/CS/CS/SB 76 (Ch. 2021-77)