CS/HB 943: Citizens Property Insurance Corporation
GENERAL BILL by Insurance & Banking Subcommittee ; Redondo ; (CO-INTRODUCERS) Owen ; Valdés
Citizens Property Insurance Corporation; Prohibits corporation from issuing or renewing coverage for commercial residential & commercial nonresidential risks; requires corporation to establish personal lines clearinghouse for specified purposes; requires corporation to implement commercial lines clearinghouse for specified purpose; authorizes corporation to develop & implement separate commercial lines clearinghouse for specified purposes; authorizes approved surplus lines clearinghouse insurers to participate in commercial lines clearinghouse; revises prohibitions & requirements for insurers making offers of coverage to new applicants or renewal policyholders through program; specifies that applicants for new commercial lines residential coverage are not eligible for coverage from corporation; specifies circumstances under which policyholders of corporation are not eligible for new commercial lines residential coverage from corporation; authorizes applicants or insureds to elect to accept coverage with authorized insurers or elect to accept or continue coverage with corporation; authorizes insureds to elect to accept coverage with specified insurers or elect to accept or continue coverage with corporation; specifies that certain applicants & policyholders remain eligible for coverage from corporation; authorizes such applicants & policyholders to elect to accept coverage from clearinghouse insurers or elect to accept or continue coverage with corporation; authorizes certain applicants & policyholders of corporation to elect to accept coverage from clearinghouse insurers or elect to accept or continue coverage with corporation; requires such applicants or policyholders to pay specified total cost of insurance for corporation coverage; revises rights & authorizations for certain independent insurance agents; removes prohibition relating to commercial nonresidential policies.
Last Action: 2/6/2026 House - Now in Commerce Committee
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 12/30/2025 | House |
• Filed |
| 1/12/2026 | House |
• Referred to Insurance & Banking Subcommittee • Referred to Commerce Committee • Now in Insurance & Banking Subcommittee |
| 1/13/2026 | House |
• 1st Reading (Original Filed Version) |
| 1/30/2026 | House |
• Added to Insurance & Banking Subcommittee agenda |
| 2/3/2026 | House |
• Favorable with CS by Insurance & Banking Subcommittee |
| 2/4/2026 | House |
• Reported out of Insurance & Banking Subcommittee • Laid on Table under Rule 7.18(a) • CS Filed • 1st Reading (Committee Substitute 1) |
| 2/6/2026 | House |
• Referred to Commerce Committee • Now in Commerce Committee |
