HB 1489: Insurance
GENERAL BILL by Driskell ; Keen ; (CO-INTRODUCERS) Arrington ; Bartleman ; Bracy Davis ; Cassel ; Cross ; Eskamani ; Gantt ; Gottlieb ; Harris ; Hunschofsky ; Joseph ; Nixon ; Robinson, F. ; Skidmore ; Valdés ; Waldron ; Williams
Insurance; Creates Property Insurance Commission; provides powers & duties of commission; provides for election of Commissioner of Insurance Regulation; prohibits commissioner from engaging in certain activities or employment for specified period after leaving office; requires interest earned on insurance proceeds received by mortgagees & assignees to be paid to insureds; prohibits property insurers from claiming insolvency; authorizes persons who engage in property insurance activities in other states to engage in insurance activities in this state; prohibits property insurers from using certain defenses as claims denials; requires insurance agents to advise insurance applicants of flood risk; requires OPPAGA to conduct study of effectiveness of property insurance mediation program; increases appropriation to My Safe Florida Home Program; provides effective date. APPROPRIATION: $300,000,000
Last Action: 3/8/2024 House - Died in Insurance & Banking Subcommittee
Bill Text: PDF
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Bill History
Date Chamber Action 1/8/2024 House • Filed
1/9/2024 House • 1st Reading (Original Filed Version)
1/13/2024 House • Referred to Insurance & Banking Subcommittee
• Referred to State Administration & Technology Appropriations Subcommittee
• Referred to Commerce Committee
• Now in Insurance & Banking Subcommittee
3/8/2024 House • Died in Insurance & Banking Subcommittee
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HB 1489, Original Filed Version (Current Bill Version) Posted 1/8/2024 at 9:30 AM
Bill Text: PDF Analyses: None Related Bills (3)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 1556 Insurance Davis Similar Last Action: 3/8/2024 S Died in Banking and Insurance 
H 1017 Insurance Edmonds Compare Last Action: 3/8/2024 H Died in Insurance & Banking Subcommittee
S 102 Property Insurance Jones Compare Last Action: 3/8/2024 S Died in Banking and Insurance
Citations - Statutes (9)
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 7 (pdf) 494.0026 Disposition of insurance proceeds. Page 8 (pdf) 624.401 Certificate of authority required. Page 9 (pdf) 627.0629 Residential property insurance; rate filings. Page 9 (pdf) 627.701 Liability of insureds; coinsurance; deductibles. Page 10 (pdf) 627.715 Flood insurance. Page 10 (pdf) 627.71555 Page 11 (pdf) Citations - Chapter Law (1)
Chapter Law Section Amended Location in Bill Location In Bill Help 2022-268 Section 4 Page 13 (pdf)