General Bill
Property Insurance:
Expands uses of moneys in Florida Hurricane Catastrophe Fund to include Florida Hurricane Protection Program costs; revises provisions with respect to issuance & use of revenue bonds & emergency assessments; revises TICL coverage levels & periods of effectiveness; creates Florida Hurricane Protection Program; requires SBA to adopt program plan of operation; requires insurer contractual participation; provides sanctions for noncompliance; provides limitations on liability; provides requirements for adoption of rates & forms; provides criteria & requirements for calculation of reinsurance needs & optional reinsurance; provides for transitional rates & form filings by insurers; specifies applicability of insurance premium tax to policies issued by program; requires program to make payments to DOR; prohibits Citizens Property Insurance Corporation from issuing or renewing specified types of policies after specified date; provides exception to restrictions on acceptance of specified offers of coverage; requires CPIC to provide access to specified policy information by insurance agents; requires CPIC to transfer specified portion of surplus to Florida Hurricane Catastrophe Fund; provides for use of CPIC information technology by program; transfers to program ownership of such information technology; specifies areas in which certain property insurance policies must include coverage for catastrophic ground cover collapse & separate sinkhole coverage must be made available.
Effective Date:
July 1, 2009
Last Event:
Died in Insurance, Business & Financial Affairs Policy Committee, Link/Iden/Sim/Compare passed, refer to CS/SB 742 (Ch. 2009-178) on Saturday, May 2, 2009 12:00 AM
| Bill #
|
Subject
|
Relationship
|
|
Bill #:
HB 1159
|
Subject:
Pub. Rec./Florida Hurricane Protection Program
|
Relationship:
Linked
|
|
Bill #:
SB 2384
|
Subject:
Property Insurance [CPSC]
|
Relationship:
Similar
|
|
Bill #:
CS/SB 742
|
Subject:
Sinkhole Losses [CPSC]
|
Relationship:
Compare
|
|
Bill #:
SB 1046
|
Subject:
Public Records/Meetings/Hurricane Protection Prog. [CPSC]
|
Relationship:
Compare
|
| Event |
Time |
Member |
Committee |
Ver. |
|
Event:
H Died in Insurance, Business & Financial Affairs Policy Committee, Link/Iden/Sim/Compare passed, refer to CS/SB 742 (Ch. 2009-178)
|
Time:
05/02/2009 - 12:00 AM
|
Member:
|
Committee:
Insurance, Business & Financial Affairs Policy Committee
|
Version:
__
|
|
Event:
H Indefinitely postponed and withdrawn from consideration
|
Time:
05/02/2009 - 12:00 AM
|
Member:
|
Committee:
|
Version:
__
|
|
Event:
H Added as workshop bill to Insurance, Business & Financial Affairs Policy Committee agenda
|
Time:
03/20/2009 - 4:27 PM
|
Member:
|
Committee:
Insurance, Business & Financial Affairs Policy Committee
|
Version:
__
|
|
Event:
H Now in Insurance, Business & Financial Affairs Policy Committee
|
Time:
03/09/2009 - 9:46 PM
|
Member:
|
Committee:
Insurance, Business & Financial Affairs Policy Committee
|
Version:
__
|
|
Event:
H Referred to Full Appropriations Council on General Government & Health Care
|
Time:
03/09/2009 - 9:46 PM
|
Member:
|
Committee:
Full Appropriations Council on General Government & Health Care
|
Version:
__
|
|
Event:
H Referred to Government Operations Appropriations Committee
|
Time:
03/09/2009 - 9:46 PM
|
Member:
|
Committee:
Government Operations Appropriations Committee
|
Version:
__
|
|
Event:
H Referred to General Government Policy Council
|
Time:
03/09/2009 - 9:46 PM
|
Member:
|
Committee:
General Government Policy Council
|
Version:
__
|
|
Event:
H Referred to Insurance, Business & Financial Affairs Policy Committee
|
Time:
03/09/2009 - 9:46 PM
|
Member:
|
Committee:
Insurance, Business & Financial Affairs Policy Committee
|
Version:
__
|
|
Event:
H 1st Reading
|
Time:
03/03/2009 - 10:03 PM
|
Member:
|
Committee:
|
Version:
__
|
|
Event:
H Filed
|
Time:
02/25/2009 - 12:47 PM
|
Member:
Bogdanoff
|
Committee:
|
Version:
__
|