HB 1341 (2010) -  Property Insurance

by Nelson
Revises capital funds requirements for domestic insurers; revises separate filing requirements & criteria; provides for application solely to residential property insurance; specifies publication responsibilities of OIR; revises requirements for provision by OIR of specified information on Internet; extends date requirement for OIR to develop & make publicly available hurricane mitigation measure methodologies for insurers; deletes specified reporting requirements of board of directors of CPIC; provides criteria, requirements, & procedures for changes in insurance policy terms; provides notice form requirements; provides for acceptance of changes in policy terms; revises specified replacement cost requirements for losses for insured dwellings & personal property; repeals provision relating to database of information relating to sinkholes.
Effective Date: July 1, 2010
Last Event: Died in Insurance, Business & Financial Affairs Policy Committee on Friday, April 30, 2010 6:59 PM

Related Bills

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 Now in Insurance, Business & Financial Affairs Policy Committee Time: 03/03/2010 - 4:47 PM Member: Committee: Insurance, Business & Financial Affairs Policy Committee Version: __
Event: H Referred to General Government Policy Council Time: 03/03/2010 - 4:47 PM Member: Committee: General Government Policy Council Version: __
Event: H Referred to Government Operations Appropriations Committee Time: 03/03/2010 - 4:47 PM Member: Committee: Government Operations Appropriations Committee Version: __
Event: H Referred to Insurance, Business & Financial Affairs Policy Committee Time: 03/03/2010 - 4:47 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 Filed Time: 02/25/2010 - 2:46 PM Member: Nelson Committee: Version: __