HB 1081 (2010) -  Citizens Property Insurance Corporation

General Bill by Plakon
Citizens Property Insurance Corporation: Requires corporation to achieve actuarially sound rates by specified date; requires corporation to take specified actions to achieve actuarially sound rates; provides requirements for determination of actuarially sound rates; requires corporation to file plan of withdrawal by specified date if corporation does not achieve actuarially sound rates by specified deadline; establishes criteria for actuarially sound rates; prohibits OIR from having authority with respect to corporation's rates; authorizes policyholder to challenge premium in accordance with specified provisions of state law; prohibits challenge to corporation's rates; prohibits OIR from denying corporation's plan of withdrawal.
Effective Date: July 1, 2010
Last Event: Died in Insurance, Business & Financial Affairs Policy Committee on Friday, April 30, 2010 6:59 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: SB 2104 Subject: Citizens Property Insurance Corporation [CPSC] Relationship: Identical

Bill Text

Staff Analysis

(None Available)

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died in Insurance, Business & Financial Affairs Policy Committee Time: 04/30/2010 - 6:59 PM Member: Committee: Insurance, Business & Financial Affairs Policy Committee Version: __
Event: H 1st Reading Time: 03/02/2010 - 10:50 PM Member: Committee: Version: __
Event: H Now in Insurance, Business & Financial Affairs Policy Committee Time: 03/01/2010 - 7:14 PM Member: Committee: Insurance, Business & Financial Affairs Policy Committee Version: __
Event: H Referred to General Government Policy Council Time: 03/01/2010 - 7:14 PM Member: Committee: General Government Policy Council Version: __
Event: H Referred to Government Operations Appropriations Committee Time: 03/01/2010 - 7:14 PM Member: Committee: Government Operations Appropriations Committee Version: __
Event: H Referred to Insurance, Business & Financial Affairs Policy Committee Time: 03/01/2010 - 7:14 PM Member: Committee: Insurance, Business & Financial Affairs Policy Committee Version: __
Event: H Filed Time: 02/16/2010 - 3:33 PM Member: Plakon Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
624.430
627.351 CS/CS/HB 447, HB 1211, HB 1341, CS/HB 7023, HB 7063, CS/HB 7151