FL H0581 | 2014 | Regular Session

Status

Completed Legislative Action
Spectrum: Moderate Partisan Bill (Republican 16-5)
Status: Failed on May 2 2014 - 100% progression
Action: 2014-05-02 - Died in Insurance and Banking Subcommittee, companion bill(s) passed, see CS/CS/CS/SB 542 (Ch. 2014-80), SB 1262 (Ch. 2014-98)
Text: Latest bill text (Introduced) [PDF]

Summary

Adds projected flood losses to factors that must be considered by OIR in reviewing certain rate filings; increases membership of Florida Commission on Hurricane Loss Projection Methodology; requires commission to adopt standards & guidelines relating to flood loss by certain date; authorizes insurers to offer flood insurance in this state; establishes minimum coverage requirements for such policies; provides coverage limitations that an insurer may include in such policies; requires that certain limitations be noted on policy declarations or face page; provides insurer with rate options; requires insurer to provide notice that flood insurance is available from National Flood Insurance Program; allows insurer to export contract or endorsement of certain amount to surplus lines insurer without meeting certain requirements; provides prior notice requirements for cancellation or nonrenewal of policy; requires insurer to notify office before writing flood insurance & to file plan of operation with office; provides preemption for any conflicts with other provisions of Florida Insurance Code; requires Commissioner of OIR to provide certification that condition qualifies for flood insurance or disaster assistance.

Tracking Information

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Title

Flood Insurance

Sponsors


History

DateChamberAction
2014-05-02HouseDied in Insurance and Banking Subcommittee, companion bill(s) passed, see CS/CS/CS/SB 542 (Ch. 2014-80), SB 1262 (Ch. 2014-98)
2014-03-04HouseIntroduced
2014-01-27HouseReferred to Insurance and Banking Subcommittee; Government Operations Appropriations Subcommittee; Regulatory Affairs Committee
2014-01-13HouseFiled

Same As/Similar To

S0542 (Same As) 2014-06-13 - Chapter No. 2014-80, companion bill(s) passed, see SB 1262 (Ch. 2014-98)
H0471 (Similar To) 2014-01-08 - Withdrawn prior to introduction, companion bill(s) passed, see HB 291 (Ch. 2014-111), CS/CS/HB 321 (Ch. 2014-112), CS/CS/HB 633 (Ch. 2014-123), CS/HB 785 (Ch. 2014-131), CS/CS/CS/SB 542 (Ch. 2014-80), CS/CS/SB 708 (Ch. 2014-86), CS/CS/SB 1308 (Ch. 2014-101), CS/CS/SB 1344 (Ch. 2014-103), CS/CS/SB 1672 (Ch. 2014-104)
H0565 (Similar To) 2014-05-02 - Died in returning Messages, companion bill(s) passed, see HB 291 (Ch. 2014-111), CS/CS/HB 321 (Ch. 2014-112), CS/CS/HB 633 (Ch. 2014-123), CS/HB 785 (Ch. 2014-131), CS/CS/CS/SB 542 (Ch. 2014-80), CS/CS/SB 708 (Ch. 2014-86), CS/CS/SB 1308 (Ch. 2014-101), CS/CS/SB 1344 (Ch. 2014-103), CS/CS/SB 1672 (Ch. 2014-104)
H0879 (Similar To) 2014-04-25 - Laid on Table, companion bill(s) passed, see CS/CS/CS/SB 542 (Ch. 2014-80), SB 1262 (Ch. 2014-98)
S1262 (Similar To) 2014-06-13 - Chapter No. 2014-98, companion bill(s) passed, see CS/CS/CS/SB 542 (Ch. 2014-80)
S1260 (Similar To) 2014-05-01 - Laid on Table, companion bill(s) passed, see HB 291 (Ch. 2014-111), CS/CS/HB 321 (Ch. 2014-112), CS/CS/HB 633 (Ch. 2014-123), CS/HB 785 (Ch. 2014-131), CS/CS/HB 7005 (Ch. 2014-216), CS/CS/CS/SB 542 (Ch. 2014-80), CS/CS/SB 708 (Ch. 2014-86), CS/CS/SB 1308 (Ch. 2014-101), CS/CS/SB 1344 (Ch. 2014-103), CS/CS/SB 1672 (Ch. 2014-104)
H7159 (Similar To) 2014-04-25 - Laid on Table, companion bill(s) passed, see SB 1262 (Ch. 2014-98), CS/CS/CS/SB 542 (Ch. 2014-80)

Code Citations

ChapterArticleSectionCitation TypeStatute Text
627062Amended CodeSee Bill Text
6270628Amended CodeSee Bill Text
627715Amended CodeSee Bill Text

Florida State Sources


Bill Comments

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