HB 1A

  • Florida House Bill
  • 2022 Special Session A
  • Introduced in House
  • House
  • Senate
  • Governor

Property Insurance

Abstract

Property Insurance; Creates Florida Optional Reinsurance Assistance program (FORA); authorizes eligible insurers to purchase reinsurance coverage under FORA; requires board to provide specified coverage layers; specifies requirements & procedures for appropriation of funds from General Revenue Fund to provide reimbursements under FORA; removes right to attorney fees for judgments or decrees against surplus lines insurers in suits arising under residential or commercial property insurance policies; revises eligibility requirements for renewing coverage with Citizens Property Insurance Corporation for personal lines residential & commercial lines residential risks; specifies burden of proof for corporation policyholders making claims for water damage; specifies conditions that must be met for property insurance policy to require mandatory binding arbitration; removes right to attorney fees payable by insurers in alternative procedure for resolution of disputed sinkhole insurance claims; prohibits policyholders from assigning post-loss insurance benefits under residential or commercial property insurance policies; provides appropriation. APPROPRIATION: $1,757,982

Bill Sponsors (5)

Votes


Actions


Dec 14, 2022

House

Laid on Table; companion bill(s) passed, see SB 2-A (Ch. 2022-271)

Dec 13, 2022

House

Favorable by Commerce Committee

House

Reported out of Commerce Committee

House

Now in Appropriations Committee

House

Favorable by Appropriations Committee

House

Reported out of Appropriations Committee

House

Bill released to House Calendar

House

Added to Second Reading Calendar

Dec 12, 2022

House

Added to Commerce Committee agenda

House

Added to Appropriations Committee agenda

House

1st Reading (Original Filed Version)

Dec 09, 2022

House

Referred to Commerce Committee

House

Filed

House

Referred to Appropriations Committee

House

Now in Commerce Committee

Bill Text

Bill Text Versions Format
H 1A Filed PDF

Related Documents

Document Format
369587 - Amendment to H 1A Filed PDF
485599 - Amendment to H 1A Filed PDF
866725 - Amendment to H 1A Filed PDF
314735 - Amendment to H 1A Filed PDF
369337 - Amendment to H 1A Filed PDF
826607 - Amendment to H 1A Filed PDF
501581 - Amendment to H 1A Filed PDF
906433 - Amendment to H 1A Filed PDF
083387 - Amendment to H 1A Filed PDF
857397 - Amendment to H 1A Filed PDF
822549 - Amendment to H 1A Filed PDF
592963 - Amendment to H 1A Filed PDF

Sources

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