CS/SB 1184: Residual Market Insurers
GENERAL BILL by Banking and Insurance ; DiCeglie
Residual Market Insurers; Revising the conditions 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.
Effective Date: 7/1/2025
Last Action: 3/27/2025 Senate - On Committee agenda-- Judiciary, 04/01/25, 4:00 pm, 110 Senate Building
Bill Text: Web Page | PDF
Last Action: 3/27/2025 Senate - On Committee agenda-- Judiciary, 04/01/25, 4:00 pm, 110 Senate Building
Bill Text: Web Page | PDF
Senate Committee References:
- Banking and Insurance (BI)
- Judiciary (JU)
- Rules (RC)
Bill History
| Date | Chamber | Action |
|---|---|---|
| 2/25/2025 | Senate |
• Filed |
| 3/3/2025 | Senate |
• Referred to Banking and Insurance; Judiciary; Rules |
| 3/4/2025 | Senate |
• Introduced |
| 3/12/2025 | Senate |
• On Committee agenda-- Banking and Insurance, 03/17/25, 1:30 pm, 412 Knott Building |
| 3/17/2025 | Senate |
• CS by Banking and Insurance; YEAS 7 NAYS 0 |
| 3/19/2025 | Senate |
• Pending reference review under Rule 4.7(2) - (Committee Substitute) • Now in Judiciary • CS by Banking and Insurance read 1st time |
| 3/27/2025 | Senate |
• On Committee agenda-- Judiciary, 04/01/25, 4:00 pm, 110 Senate Building |
