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CS/HB 643: Residual Market Insurers

GENERAL BILL by Insurance & Banking Subcommittee ; Snyder

Residual Market Insurers ; Removes diligent effort & other requirements for insurance coverage to be eligible for export; provides presumption of being informed & of knowing of certain insurance coverage; requires notification of arbitration before Division of Administrative Hearings as option for dispute resolution procedures under Citizens Property Insurance Corporation.

Effective Date: 7/1/2025
Last Action: 4/1/2025 House - 1st Reading (Committee Substitute 1)
Bill Text: PDF



Bill History

Date Chamber Action
2/14/2025 House • Filed
2/26/2025 House • Referred to Insurance & Banking Subcommittee
• Referred to Civil Justice & Claims Subcommittee
• Referred to Commerce Committee
• Now in Insurance & Banking Subcommittee
3/4/2025 House • 1st Reading (Original Filed Version)
3/25/2025 House • PCS added to Insurance & Banking Subcommittee agenda
3/27/2025 House • Favorable with CS by Insurance & Banking Subcommittee
3/31/2025 House • Reported out of Insurance & Banking Subcommittee
• Laid on Table under Rule 7.18(a)
• CS Filed
• Referred to Civil Justice & Claims Subcommittee
• Referred to Commerce Committee
• Now in Civil Justice & Claims Subcommittee
4/1/2025 House • Added to Civil Justice & Claims Subcommittee agenda
• 1st Reading (Committee Substitute 1)