HB 1489

  • Florida House Bill
  • 2024 Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor


Insurance; Creates Property Insurance Commission; provides powers & duties of commission; provides for election of Commissioner of Insurance Regulation; prohibits commissioner from engaging in certain activities or employment for specified period after leaving office; requires interest earned on insurance proceeds received by mortgagees & assignees to be paid to insureds; prohibits property insurers from claiming insolvency; authorizes persons who engage in property insurance activities in other states to engage in insurance activities in this state; prohibits property insurers from using certain defenses as claims denials; requires insurance agents to advise insurance applicants of flood risk; requires OPPAGA to conduct study of effectiveness of property insurance mediation program; increases appropriation to My Safe Florida Home Program; provides effective date. APPROPRIATION: $300,000,000

Bill Sponsors (19)


No votes to display


Mar 08, 2024


Died in Insurance & Banking Subcommittee

Jan 13, 2024


Referred to Insurance & Banking Subcommittee


Referred to State Administration & Technology Appropriations Subcommittee


Referred to Commerce Committee


Now in Insurance & Banking Subcommittee

Jan 09, 2024


1st Reading (Original Filed Version)

Jan 08, 2024



Bill Text

Bill Text Versions Format
H 1489 Filed PDF

Related Documents

Document Format
No related documents.


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