FL H1215 | 2013 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on May 3 2013 - 100% progression
Action: 2013-05-03 - Died in Insurance and Banking Subcommittee
Text: Latest bill text (Introduced) [PDF]
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on May 3 2013 - 100% progression
Action: 2013-05-03 - Died in Insurance and Banking Subcommittee
Text: Latest bill text (Introduced) [PDF]
Summary
Requires that before issuing homeowner's insurance policy, insurer must offer specified coverage options; revises requirements relating to offer for law & ordinance coverage; requires insurer to make certain sinkhole loss coverage available for additional premium; authorizes residential property insurance policies to include specified deductible amounts; revises definitions of terms "structural damage" & "safety hazard"; provides that insurer must pay initially to stabilize building if sinkhole loss is verified, subject to certain policy limits & terms; requires insurer to pay for certain repairs after completion of building stabilization in accordance with certain policy terms & limits; requires insured to repair sinkhole damage or loss in accordance with insurer's professional engineer's recommendation; deletes provision requiring insurer to pay for repairs in accordance with engineer's recommendation; subjects certain actions relating to stabilization & repairs to coverage limits & policy terms; revises provisions relating to payment of lienholders & other persons for stabilization & repairs; prohibits Citizens Property Insurance Corporation and insurers from nonrenewing property insurance policy under certain circumstances; provides for retroactive application under certain circumstances.
Title
Property Insurance
Sponsors
History
Date | Chamber | Action |
---|---|---|
2013-05-03 | House | Died in Insurance and Banking Subcommittee |
2013-03-08 | House | Referred to Insurance and Banking Subcommittee; Government Operations Appropriations Subcommittee; Regulatory Affairs Committee |
2013-03-05 | House | Introduced |
2013-03-01 | House | Filed |
Same As/Similar To
S1430 (Similar To) 2013-05-03 - Died in Banking and Insurance
S1498 (Similar To) 2013-05-03 - Died in Banking and Insurance
S1498 (Similar To) 2013-05-03 - Died in Banking and Insurance
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
627 | 7011 | Amended Code | See Bill Text | |
627 | 706 | Amended Code | See Bill Text | |
627 | 707 | Amended Code | See Bill Text | |
627 | 7072 | Amended Code | See Bill Text | |
627 | 7073 | Amended Code | See Bill Text | |
627 | 7074 | Amended Code | See Bill Text |
Florida State Sources
Type | Source |
---|---|
Summary | http://www.flsenate.gov/Session/Bill/2013/1215 |
Text | http://www.flsenate.gov/Session/Bill/2013/1215/BillText/Filed/PDF |