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.
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Bill History
Date Chamber Action 2/25/2025 Senate • Filed
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SB 1184, Original Filed Version (Current Bill Version) Posted 2/25/2025 at 2:06 PM
Bill Text: Web Page | PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 643 Residual Market Insurers Snyder Identical Last Action: 2/14/2025 H Filed Citations - 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)