HB 9-A: Insurance
GENERAL BILL by Driskell ; (CO-INTRODUCERS) Arrington ; Bartleman ; Benjamin ; Bracy Davis ; Campbell ; Casello ; Cassel ; Chambliss ; Cross ; Daley ; Dunkley ; Edmonds ; Eskamani ; Gantt ; Gottlieb ; Harris ; Hart ; Hinson ; Hunschofsky ; Joseph ; López, J. ; Nixon ; Rayner-Goolsby ; Robinson, F. ; Skidmore ; Tant ; Valdés ; Waldron ; Williams ; Woodson
Insurance; Creates Property Insurance Commission; provides for election of Commissioner of Insurance Regulation; revises homeowners' eligibility criteria for mitigation grants; requires interests earned on insurance proceeds received by mortgagees & assignees to be paid to insureds; prohibits property insurers from claiming insolvency under certain circumstances; authorizes persons that engage in property insurance activities in other states to engage in insurance activities in this state only under certain circumstances; requires property insurers to cap premiums or to create sliding fee scales for premium rates; prohibits property insurers from using certain defenses as claims denials; revises requirements for risk assignment agreements; provides duties of OIR; requires DFS to adopt rules regarding allegations of insurance fraud; requires OPPAGA to conduct study of effectiveness of property insurance mediation program; increases appropriation to specified program. APPROPRIATION: $300,000,000
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Bill History
Date Chamber Action 12/11/2022 House • Filed
12/12/2022 House • Introduction refused
12/16/2022 House • Died, introduction refused
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HB 9-A, Original Filed Version (Current Bill Version) Posted 12/11/2022 at 4:14 PM
Bill Text: PDF Analyses: None Citations - Statutes (11)
Citation Catchline Location in Bill Location In Bill Help 11.91 Page 3 (pdf) 20.121 Department of Financial Services. Page 4 (pdf) 112.3134 Page 7 (pdf) 215.5586 My Safe Florida Home Program. Page 8 (pdf) 494.0026 Disposition of insurance proceeds. Page 10 (pdf) 624.401 Certificate of authority required. Page 11 (pdf) 627.0629 Residential property insurance; rate filings. Page 11 (pdf) 627.701 Liability of insureds; coinsurance; deductibles. Page 12 (pdf) 627.715 Flood insurance. Page 12 (pdf) 627.7152 Assignment agreements. Page 13 (pdf) 627.7155 Page 15 (pdf) Citations - Chapter Law (1)
Chapter Law Section Amended Location in Bill Location In Bill Help 2022-268 Section 4 Page 17 (pdf)