SB 2-A: Property Insurance
GENERAL BILL by Boyd
Property Insurance; Creating the Florida Optional Reinsurance Assistance program (FORA), to be administered by the State Board of Administration; authorizing eligible insurers to purchase reinsurance coverage under FORA; providing that property insurers may be subject to an additional market conduct examination by the Office of Insurance Regulation after a hurricane under certain circumstances; specifying conditions that must be met for a property insurance policy to require mandatory binding arbitration; prohibiting policyholders from assigning post-loss insurance benefits under residential or commercial property insurance policies issued on or after a specified date, etc. APPROPRIATION: $1,757,982
Last Action: 12/16/2022 - Chapter No. 2022-271
Bill Text: Web Page | PDF
- Banking and Insurance (BI)
- Fiscal Policy (FP)
Bill History
| Date | Chamber | Action |
|---|---|---|
| 12/9/2022 | Senate |
• Filed • Referred to Banking and Insurance; Fiscal Policy -SJ 3 • On Committee agenda-- Banking and Insurance, 12/12/22, 12:00 pm, 412 Knott Building |
| 12/12/2022 | Senate |
• Favorable by Banking and Insurance; YEAS 9 NAYS 3 -SJ 3 • Now in Fiscal Policy • On Committee agenda-- Fiscal Policy, 12/12/22, 3:00 pm, 412 Knott Building • Favorable by- Fiscal Policy; YEAS 15 NAYS 5 -SJ 3 • Placed on Calendar, on 2nd reading • Placed on Special Order Calendar, 12/13/22 -SJ 96 • Introduced -SJ 2 |
| 12/13/2022 | Senate |
• Read 2nd time -SJ 49 • Amendment(s) failed (938406, 213342, 733204, 279842, 123478, 353138, 856854, 777772, 619600, 862706, 551146, 847224, 786778, 172138, 652232, 130902, 658884, 757448, 533310) -SJ 51 • Read 3rd time -SJ 96 • Passed; YEAS 27 NAYS 13 -SJ 96 |
| 12/13/2022 | House |
• In Messages • Bill referred to House Calendar • Bill added to Special Order Calendar (12/14/2022) • 1st Reading (Original Filed Version) |
| 12/14/2022 | House |
• Read 2nd time • Amendment 798733 Failed • Amendment 333927 Failed • Amendment 951137 Failed • Amendment 050303 Failed • Amendment 898933 Failed • Amendment 674763 Failed • Read 3rd time • Passed; YEAS 84, NAYS 33 |
| 12/14/2022 | Senate |
• Ordered enrolled -SJ 97 |
| 12/14/2022 |
• Signed by Officers and presented to Governor -SJ 97 |
|
| 12/16/2022 |
• Approved by Governor • Chapter No. 2022-271 |
