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
Effective Date: 7/1/2023
Last Action: 5/2/2023 House - Laid on Table; companion bill(s) passed, see CS/SB 7052 (Ch. 2023-172)
Bill Text: PDF
Last Action: 5/2/2023 House - Laid on Table; companion bill(s) passed, see CS/SB 7052 (Ch. 2023-172)
Bill Text: PDF
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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)
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CS/HB 7065, Committee Substitute 1 (Current Bill Version) Posted 4/24/2023 at 2:53 PM
Bill Text: PDF Analyses: Commerce Committee (Post-Meeting) 6/2/2023 (pdf)
Related Bills (3)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 7052 (er) Insurer Accountability Banking and Insurance Similar Last Action: 6/1/2023 Chapter No. 2023-172 
H 1431 Insurance Roach Compare Last Action: 5/5/2023 H Died in Insurance & Banking Subcommittee; companion bill(s) passed, see CS/SB 7052 (Ch. 2023-172)
S 1340 Insurance Grall Compare Last Action: 5/5/2023 S Died in Banking and Insurance, companion bill(s) passed, see CS/SB 7052 (Ch. 2023-172)
Citations - Statutes (21)
Citation Catchline Location in Bill Location In Bill Help 624.307 General powers; duties. Page 5 (pdf) 624.315 Annual report. Page 6 (pdf) 624.316 Examination of insurers. Page 8 (pdf) 624.3161 Market conduct examinations. Page 11 (pdf) 624.4211 Administrative fine in lieu of suspension or revocation. Page 14 (pdf) 624.4301 Page 16 (pdf) 624.805 Page 17 (pdf) 624.81 Notice to comply with written requirements of office; noncompliance. Page 25 (pdf) 624.865 Page 25 (pdf) 626.207 Disqualification of applicants and licensees; penalties against licensees; rulemaking authority. Page 25 (pdf) 626.9521 Unfair methods of competition and unfair or deceptive acts or practices prohibited; penalties. Page 26 (pdf) 626.9541 Unfair methods of competition and unfair or deceptive acts or practices defined. Page 28 (pdf) 626.989 Investigation by department or Division of Investigative and Forensic Services; compliance; immunity; confidential information; reports to division; division investigator’s power of arrest. Page 32 (pdf) 627.0629 Residential property insurance; rate filings. Page 35 (pdf) 627.351 Insurance risk apportionment plans. Page 37 (pdf) 627.410 Filing, approval of forms. Page 38 (pdf) 627.4108 Page 38 (pdf) 627.4133 Notice of cancellation, nonrenewal, or renewal premium. Page 41 (pdf) 627.701 Liability of insureds; coinsurance; deductibles. Page 44 (pdf) 627.70132 Notice of property insurance claim. Page 45 (pdf) 628.8015 Own-risk and solvency assessment; corporate governance annual disclosure. Page 46 (pdf) -
HB 7065, Original Filed Version Posted 4/14/2023 at 9:39 AM
Bill Text: PDF Analyses: Appropriations Committee (Post-Meeting) 4/24/2023 (pdf)
Related Bills (3)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 1431 Insurance Roach Compare Last Action: 5/5/2023 H Died in Insurance & Banking Subcommittee; companion bill(s) passed, see CS/SB 7052 (Ch. 2023-172)
S 1340 Insurance Grall Compare Last Action: 5/5/2023 S Died in Banking and Insurance, companion bill(s) passed, see CS/SB 7052 (Ch. 2023-172)
S 7052 (c1) Insurer Accountability Banking and Insurance Compare Last Action: 6/1/2023 Chapter No. 2023-172
Committee Amendments (1)
Amendment Sponsor Filed Last Committee Action Format 297353 - Strike All Amendment
Remove everything after the enacting clause and insert:Duggan 4/20/2023
6:09 PMAdopted without Objection
4/21/2023PDF Citations - Statutes (14)
Citation Catchline Location in Bill Location In Bill Help 624.307 General powers; duties. Page 4 (pdf) 624.315 Annual report. Page 4 (pdf) 624.3152 Page 5 (pdf) 624.316 Examination of insurers. Page 6 (pdf) 624.3161 Market conduct examinations. Page 8 (pdf) 624.4211 Administrative fine in lieu of suspension or revocation. Page 12 (pdf) 626.207 Disqualification of applicants and licensees; penalties against licensees; rulemaking authority. Page 14 (pdf) 626.9521 Unfair methods of competition and unfair or deceptive acts or practices prohibited; penalties. Page 14 (pdf) 626.9541 Unfair methods of competition and unfair or deceptive acts or practices defined. Page 16 (pdf) 626.989 Investigation by department or Division of Investigative and Forensic Services; compliance; immunity; confidential information; reports to division; division investigator’s power of arrest. Page 20 (pdf) 627.0629 Residential property insurance; rate filings. Page 23 (pdf) 627.351 Insurance risk apportionment plans. Page 26 (pdf) 627.701 Liability of insureds; coinsurance; deductibles. Page 26 (pdf) 627.70132 Notice of property insurance claim. Page 27 (pdf)