Skip to Navigation | Skip to Main Content | Skip to Site Map

MyFloridaHouse.gov | Mobile Site

Senate Tracker: Sign Up | Login

The Florida Senate

Track This Bill

Glossary of Legislative Terms

SB 1556: Insurance

GENERAL BILL by Davis

Insurance; Creating the Property Insurance Commission; providing membership of the commission; providing for the election of the Commissioner of Insurance Regulation; requiring that interest earned on insurance proceeds received by mortgagees and assignees be paid to insureds; prohibiting property insurers from claiming insolvency under specified circumstances; prohibiting property insurers from using specified factors as a defense for denial of a claim, etc. APPROPRIATION: $300,000,000

Effective Date: 7/1/2024
 Last Action: 3/8/2024 Senate - Died in Banking and Insurance
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)

View By Bill Version View By Category

Expand All Collapse All

  • Bill History

    Date Chamber Action
    1/5/2024 Senate • Filed
    1/10/2024 Senate • Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy
    • Introduced
    3/8/2024 Senate • Died in Banking and Insurance

    Top of SectionTop of Page

  • SB 1556, Original Filed Version (Current Bill Version) Posted 1/5/2024 at 4:29 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 1489 Insurance Driskell, Keen Similar Last Action: 3/8/2024 H Died in Insurance & Banking Subcommittee Track This Bill
    H 1017 Insurance Edmonds Compare Last Action: 3/8/2024 H Died in Insurance & Banking Subcommittee Track This Bill
    S 102 Property Insurance Jones Compare Last Action: 3/8/2024 S Died in Banking and Insurance Track This Bill

    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 6 (pdf)
    494.0026 Disposition of insurance proceeds. Page 7 (pdf)
    624.401 Certificate of authority required. Page 8 (pdf)
    627.0629 Residential property insurance; rate filings. Page 8 (pdf)
    627.701 Liability of insureds; coinsurance; deductibles. Page 9 (pdf)
    627.715 Flood insurance. Page 9 (pdf)
    627.71555 Page 10 (pdf)

    Citations - Chapter Law (1)

    Chapter Law Section Amended Location in Bill Location In Bill Help
    2022-268 Section 4 Page 11 (pdf)

    Top of SectionTop of Page