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The Florida Senate

SB 1688: Insurance

GENERAL BILL by Jones

Insurance; Providing for the election of the Commissioner of Insurance Regulation; prohibiting the commissioner from engaging in certain activities or employment for a specified period after leaving office; revising homeowners’ eligibility criteria for mitigation grants under the My Safe Florida Home Program; prohibiting property insurers from claiming insolvency under specified circumstances; prohibiting property insurers from using certain defenses for claims denials, etc. APPROPRIATION: $300,000,000

Effective Date: 7/1/2023
Last Action: 5/5/2023 Senate - Died in Banking and Insurance, companion bill(s) passed, see CS/HB 881 (Ch. 2023-176)
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Appropriations Committee on Agriculture, Environment, and General Government (AEG)
  3. Fiscal Policy (FP)

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  • Bill History

    Date Chamber Action
    3/3/2023 Senate • Filed
    3/9/2023 Senate • Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy
    3/14/2023 Senate • Introduced
    5/5/2023 Senate • Died in Banking and Insurance, companion bill(s) passed, see CS/HB 881 (Ch. 2023-176)

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  • SB 1688, Original Filed Version (Current Bill Version) Posted 3/3/2023 at 5:26 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 1477 Insurance Driskell Identical Last Action: 5/5/2023 H Died in Insurance & Banking Subcommittee; companion bill(s) passed, see CS/HB 881 (Ch. 2023-176)
    H 881 (er) My Safe Florida Home Program Insurance & Banking Subcommittee Compare Last Action: 6/1/2023 Chapter No. 2023-176
    S 748 (c2) My Safe Florida Home Program Boyd Compare Last Action: 4/28/2023 S Laid on Table, companion bill(s) passed, see CS/HB 881 (Ch. 2023-176) -SJ 624

    Citations - Statutes (11)

    Citation Catchline Location in Bill Location In Bill Help
    11.91 Page 2 (pdf)
    20.121 Department of Financial Services. Page 4 (pdf)
    112.3134 Page 6 (pdf)
    215.5586 My Safe Florida Home Program. Page 7 (pdf)
    494.0026 Disposition of insurance proceeds. Page 9 (pdf)
    624.401 Certificate of authority required. Page 9 (pdf)
    627.0629 Residential property insurance; rate filings. Page 10 (pdf)
    627.701 Liability of insureds; coinsurance; deductibles. Page 10 (pdf)
    627.715 Flood insurance. Page 10 (pdf)
    627.7152 Assignment agreements. Page 11 (pdf)
    627.7155 Page 13 (pdf)

    Citations - Chapter Law (1)

    Chapter Law Section Amended Location in Bill Location In Bill Help
    2022-268 Section 4

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