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SB 1340: Insurance

GENERAL BILL by Grall

Insurance; Providing construction relating to the recovery of damages under the common-law remedy of bad faith against insurers; revising a prohibition against the continued writing of private passenger automobile insurance by certain insurers; prohibiting insurers providing homeowners’ insurance or commercial property insurance from canceling, nonrenewing, or terminating a policy during a pending claim except under certain circumstances; deleting a requirement that a Citizens Property Insurance Corporation policyholder making a claim for water damage has the burden of proving that the damage was not caused by flooding; providing that if a roof deductible is applied under a personal lines residential property insurance policy, no other deductible may be applied to certain other losses, etc.

Effective Date: 7/1/2023
 Last Action: 5/5/2023 Senate - Died in Banking and Insurance, companion bill(s) passed, see CS/SB 7052 (Ch. 2023-172)
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Judiciary (JU)
  3. Fiscal Policy (FP)

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  • Bill History

  • SB 1340, Original Filed Version (Current Bill Version) Posted 3/1/2023 at 11:01 AM