Florida Senate Bill 1464 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on May 3 2019 - 100% progression
Action: 2019-05-03 - Died in Banking and Insurance, companion bill(s) passed, see CS/CS/CS/HB 301 (Ch. 2019-108)
Text: Latest bill text (Introduced) [HTML]

Citing this act as the "Fair Settlement Act"; revising circumstances under which the Department of Financial Services and an authorized insurer must be given a certain presuit notice; requiring insureds, claimants, or any person acting on their behalf to provide insurers with written notices of loss as a condition precedent to bad faith actions; providing a limitation on an insurer's liability to third-party claimants, under certain circumstances, if it files an interpleader action within a certain timeframe, etc.

Fair Settlement Act

Sen. Jeffrey Brandes [R]

Date	Chamber	Action
2019-05-03	Senate	Died in Banking and Insurance, companion bill(s) passed, see CS/CS/CS/HB 301 (Ch. 2019-108)
2019-05-03	Senate	Indefinitely postponed and withdrawn from consideration
2019-03-18	Senate	On Committee agenda-- Banking and Insurance, 03/18/19, 4:00 pm, 412 Knott Building --Not Considered
2019-03-13	Senate	Introduced
2019-03-08	Senate	Referred to Banking and Insurance; Judiciary; Rules
2019-02-27	Senate	Filed

S896 (Similar To) 2019-05-03 - Died in Infrastructure and Security, companion bill(s) passed, see CS/CS/CS/HB 301 (Ch. 2019-108)
H301 (Similar To) 2019-06-18 - Chapter No. 2019-108

Chapter	Article	Section	Citation Type	Statute Text
624	155		Amended Code	See Bill Text

Type	Source
Summary	https://www.flsenate.gov/Session/Bill/2019/1464
Text	https://www.flsenate.gov/Session/Bill/2019/1464/BillText/Filed/HTML