The Florida Senate

SB 1194: Insurance

GENERAL BILL by Garcia

Insurance; Creating provisions entitled “Credit Personal Property Insurance”; specifying certain prohibitions for credit personal property insurance; providing requirements for credit personal property insurance coverage; providing enforcement and civil penalties; authorizing the Financial Services Commission to reduce by rule the capital and surplus requirements under certain circumstances; requiring a mortgage guaranty insurer to establish a mortgage guaranty quality assurance program, etc.

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• Bill History

  Date	Chamber	Action
  1/3/2024	Senate	• Filed
  1/8/2024	Senate	• Referred to Banking and Insurance; Judiciary; Fiscal Policy
  1/9/2024	Senate	• Introduced
  3/8/2024	Senate	• Died in Banking and Insurance

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• SB 1194, Original Filed Version (Current Bill Version) Posted 1/3/2024 at 8:59 AM

  Bill Text:	Web Page | PDF

  Analyses:	None

  Citations - Statutes (25)

  Citation	Catchline	Location in Bill Location In Bill Help
  624.605	“Casualty insurance” defined.	Page 37 (pdf)
  626.9541	Unfair methods of competition and unfair or deceptive acts or practices defined.	Page 37 (pdf)
  627.971	Definitions.	Page 40 (pdf)
  627.9921		Page 5 (pdf)
  627.9922		Page 6 (pdf)
  627.9923		Page 7 (pdf)
  627.9924		Page 11 (pdf)
  627.9925		Page 12 (pdf)
  627.9926		Page 15 (pdf)
  627.9927		Page 17 (pdf)
  627.9928		Page 17 (pdf)
  627.9929		Page 18 (pdf)
  627.9931		Page 18 (pdf)
  635.011	Definitions.	Page 18 (pdf)
  635.021	Authority to transact mortgage guaranty insurance.	Page 21 (pdf)
  635.031	Additional limitations.	Page 22 (pdf)
  635.042	Minimum surplus requirement.	Page 24 (pdf)
  635.071	Filings, approval of forms; rate filings.	Page 28 (pdf)
  635.075	Restoration of property.	Page 31 (pdf)
  635.076		Page 31 (pdf)
  635.077		Page 32 (pdf)
  635.078		Page 33 (pdf)
  635.079		Page 34 (pdf)
  635.0791		Page 36 (pdf)
  635.0792		Page 36 (pdf)

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