SB 1184: Residual Market Insurers
GENERAL BILL by DiCeglie
Residual Market Insurers; Removing the diligent effort and other requirements for insurance coverage to be eligible for export; transferring to surplus lines insurance those provisions relating to liability of insureds and deductibles; prohibiting policyholders from assigning post-loss insurance benefits under property insurance policies; requiring settlements or verdicts against insureds as a condition precedent to the accrual or maintenance of causes of actions against liability insurers by persons who are not insureds, etc.
Bill History
| Date | Chamber | Action |
|---|---|---|
| 2/25/2025 | Senate |
• Filed |
Related Bills
| Bill Number | Subject | Filed By | Relationship | Last Action and Location | Track Bills |
|---|---|---|---|---|---|
| H 643 | Residual Market Insurers | Snyder | Identical | Last Action: 2/26/2025 H Now in Insurance & Banking Subcommittee |
|
Committee Amendments
Floor Amendments
Bill Analyses
No Bill Analyses AvailableVote History - Committee
No Committee Vote History AvailableVote History - Floor
No Vote History AvailableCitations - Statutes (23)
| Citation | Catchline | Location in Bill Location In Bill Help |
|---|---|---|
| 626.913 | Surplus Lines Law; short title; purposes. | Page 3 (pdf) |
| 626.914 | Definitions. | Page 3 (pdf) |
| 626.916 | Eligibility for export. | Page 3 (pdf) |
| 626.918 | Eligible surplus lines insurers. | Page 48 (pdf) |
| 626.9261 | Page 8 (pdf) | |
| 626.9262 | Page 9 (pdf) | |
| 626.9263 | Page 16 (pdf) | |
| 626.9264 | Page 17 (pdf) | |
| 626.9265 | Page 21 (pdf) | |
| 626.9266 | Page 21 (pdf) | |
| 626.931 | Agent affidavit and insurer reporting requirements. | Page 23 (pdf) |
| 626.932 | Surplus lines tax. | Page 25 (pdf) |
| 626.9325 | Service fee. | Page 49 (pdf) |
| 626.935 | Suspension, revocation, or refusal of surplus lines agent’s license. | Page 54 (pdf) |
| 626.9541 | Unfair methods of competition and unfair or deceptive acts or practices defined. | Page 50 (pdf) |
| 627.351 | Insurance risk apportionment plans. | Page 25 (pdf) |
| 627.4085 | Insurer name, agent name, and license identification number required on application. | Page 7 (pdf) |
| 627.701 | Liability of insureds; coinsurance; deductibles. | Page 7 (pdf) |
| 627.70131 | Insurer’s duty to acknowledge communications regarding claims; investigation. | Page 8 (pdf) |
| 627.70132 | Notice of property insurance claim. | Page 15 (pdf) |
| 627.70152 | Suits arising under a property insurance policy. | Page 17 (pdf) |
| 627.715 | Flood insurance. | Page 55 (pdf) |
| 627.952 | Risk retention and purchasing group agents. | Page 22 (pdf) |
Citations - Constitution (0)
No Constitutional citations.
Citations - Chapter Law (0)
No Chapter Law citations.
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