CS/HB 7065: Insurer Accountability
GENERAL BILL by Appropriations Committee ; Commerce Committee ; Duggan
Insurer Accountability; Revises requirements & conditions for certain insurer market conduct examinations after hurricane; specifies factors office may consider in determining whether continued operation of insurer may be deemed to be hazardous; prohibits officer or director of insolvent or impaired insurer from receiving bonus from such insurer; prohibits Citizens Property Insurance Corporation from determining that risk is ineligible for coverage solely on specified basis; revises prohibitions on insurers against cancellation or nonrenewal of residential property insurance policies; provides if roof deductible is applied under personal lines residential property insurance policy, no other deductible may be applied to other loss to property caused by same covered peril. APPROPRIATION: $3,171,718
Last Action: 5/2/2023 House - Laid on Table; companion bill(s) passed, see CS/SB 7052 (Ch. 2023-172)
Bill Text: PDF
Bill History
Date | Chamber | Action |
---|---|---|
4/14/2023 | House |
• Filed |
4/18/2023 | House |
• 1st Reading (Original Filed Version) • Referred to Appropriations Committee • Now in Appropriations Committee |
4/20/2023 | House |
• Added to Appropriations Committee agenda |
4/21/2023 | House |
• Favorable with CS by Appropriations Committee |
4/24/2023 | House |
• Reported out of Appropriations Committee • Laid on Table under Rule 7.18(a) • CS Filed • 1st Reading (Committee Substitute 1) |
4/25/2023 | House |
• Bill referred to House Calendar • Added to Second Reading Calendar |
5/2/2023 | House |
• Laid on Table; companion bill(s) passed, see CS/SB 7052 (Ch. 2023-172) |