General Bill
Property and Casualty Insurance:
Authorizes the Public Counsel to represent the general public before the Office of Insurance Regulation and prescribes the Public Counsel's access to records; provides an additional breakdown for the distribution of Hurricane Loss Mitigation Fund moneys between programs relating to mobile homes and programs relating to residences and creates a program of low-interest loans to further the purposes of the fund; deletes provisions relating to arbitration of rate filings; prohibits cancellation or nonrenewal of residential property insurance by an insurer who has insured the property for 10 years or longer on the basis of a single claim or for any other reason except a lawful underwriting reason; provides for notice to policyholders of rate increases that exceed a threshold amount; provides for participation by consumer advocacy groups in the ratemaking process; revises guidelines relating to deductibles; requires the Office of Insurance Regulation to approve underwriting rules for homeowners' insurance not contained in rating manuals; provides an appropriation to the Department of Community Affairs for a residential hurricane mitigation low-interest loan program.
Effective Date:
July 1, 2005.
Last Event:
Died in Insurance Committee, Link/Iden/Sim/Compare passed, refer to CS/SB 1486 (Ch. 2005-111) on Friday, May 6, 2005 11:49 PM
Bill #
|
Subject
|
Relationship
|
Bill #:
SB 1158
|
Subject:
Property & Casualty Insurance
|
Relationship:
Similar
|
Bill #:
HB 1317
|
Subject:
Personal Lines Residential Insurance Policies
|
Relationship:
Compare
|
Bill #:
CS/SB 1486
|
Subject:
Property Insurance
|
Relationship:
Compare
|
Bill #:
CS/CS/SB 1488
|
Subject:
Property Insurance
|
Relationship:
Compare
|
Bill #:
SB 2414
|
Subject:
Insurance
|
Relationship:
Compare
|
Event |
Time |
Member |
Committee |
Ver. |
Event:
H Died in Insurance Committee, Link/Iden/Sim/Compare passed, refer to CS/SB 1486 (Ch. 2005-111)
|
Time:
05/06/2005 - 11:49 PM
|
Member:
|
Committee:
Insurance Committee
|
Version:
|
Event:
H 1st Reading
|
Time:
03/08/2005 - 10:57 PM
|
Member:
|
Committee:
|
Version:
__
|
Event:
H Now in Insurance Committee
|
Time:
02/07/2005 - 10:35 AM
|
Member:
|
Committee:
Insurance Committee
|
Version:
|
Event:
H Bill referred to committee
|
Time:
02/07/2005 - 10:35 AM
|
Member:
|
Committee:
Commerce Council
|
Version:
|
Event:
H Bill referred to committee
|
Time:
02/07/2005 - 10:35 AM
|
Member:
|
Committee:
Fiscal Council
|
Version:
|
Event:
H Bill referred to committee
|
Time:
02/07/2005 - 10:35 AM
|
Member:
|
Committee:
Transportation & Economic Development Appropriations Committee
|
Version:
|
Event:
H Bill referred to committee
|
Time:
02/07/2005 - 10:35 AM
|
Member:
|
Committee:
Governmental Operations Committee
|
Version:
|
Event:
H Bill referred to committee
|
Time:
02/07/2005 - 10:35 AM
|
Member:
|
Committee:
Insurance Committee
|
Version:
|
Event:
H Filed
|
Time:
01/24/2005 - 5:16 PM
|
Member:
Gannon
|
Committee:
|
Version:
|