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CS/HB 893: Coverage by the Citizens Property Insurance Corporation

GENERAL BILL by Insurance & Banking Subcommittee ; Lopez, V. ; (CO-INTRODUCERS) Eskamani ; LaMarca

Coverage by the Citizens Property Insurance Corporation; Revises types of policies that go to specified accounts of Citizens Property Insurance Corporation; revises requirements for areas that are eligible for certain personal residential & commercial residential & commercial nonresidential policy coverages by corporation; authorizes corporation to amend wind-eligible areas; authorizes corporation to consider certain factors in developing new eligibility criteria & rates for policies that provide wind-only coverage; provides that such rates are subject to specified provisions; requires corporation to review & submit to Legislature any recommendations to revise certain eligibility criteria for review & approval.

Effective Date: 7/1/2024
Last Action: 3/8/2024 House - Died in Commerce Committee
Bill Text: PDF



Bill History

Date Chamber Action
12/14/2023 House • Filed
1/5/2024 House • Referred to Insurance & Banking Subcommittee
• Referred to Commerce Committee
• Now in Insurance & Banking Subcommittee
1/9/2024 House • 1st Reading (Original Filed Version)
2/2/2024 House • Added to Insurance & Banking Subcommittee agenda
2/6/2024 House • Favorable with CS by Insurance & Banking Subcommittee
• Reported out of Insurance & Banking Subcommittee
• Laid on Table under Rule 7.18(a)
• CS Filed
2/7/2024 House • Referred to Commerce Committee
• Now in Commerce Committee
• 1st Reading (Committee Substitute 1)
3/8/2024 House • Died in Commerce Committee