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CS/HB 305 -  Insurance

Appear at Meeting
General Bill by Insurance & Banking Subcommittee and Rommel (CO-SPONSORS) Hage; Melo; Sabatini
Insurance: Prohibits certain practices by contractors; authorizes OIR to examine insurer affiliates; requires Citizens Property Insurance Corp. include costs of catastrophe reinsurance to its projected 100-year probable maximum loss in rate calculations; places salary caps on new employees of corporation; requires corporation to implement increase that does not exceed certain percent beginning on certain dates; prohibits corporation from seeking approval by office of rate reduction; provides limits on salaries of employees of corporation; provides that claims, supplemental claims, & reopened claims under property insurance policies for loss or damage caused by perils are barred unless notice is given within specified timeframe; revises timeframe for notice for loss or damage caused by windstorm or hurricane.
Effective Date: July 1, 2021
Last Event: Added to Commerce Committee agenda on Sunday, April 18, 2021 4:26 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/CS/CS/SB 76 Subject: Property Insurance Relationship: Compare

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Commerce Committee 4/18/2021 4:44:17 PM
Chamber: House Committee: Civil Justice & Property Rights Subcommittee 4/6/2021 6:34:38 PM
Chamber: House Committee: Civil Justice & Property Rights Subcommittee 4/2/2021 4:33:32 PM
Chamber: House Committee: Insurance & Banking Subcommittee 3/24/2021 6:31:35 PM
Chamber: House Committee: Insurance & Banking Subcommittee 3/20/2021 1:00:33 PM
Chamber: House Committee: Insurance & Banking Subcommittee 3/15/2021 6:34:57 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Added to Commerce Committee agenda Time: 04/18/2021 - 4:26 PM Member: Committee: Commerce Committee Version: c1
Event: H Added to Commerce Committee agenda Time: 04/18/2021 - 4:25 PM Member: Committee: Commerce Committee Version: c1
Event: H Now in Commerce Committee Time: 04/06/2021 - 6:51 PM Member: Committee: Commerce Committee Version: c1
Event: H Reported out of Civil Justice & Property Rights Subcommittee Time: 04/06/2021 - 6:51 PM Member: Committee: Civil Justice & Property Rights Subcommittee Version: c1
Event: H Favorable by Civil Justice & Property Rights Subcommittee Time: 04/06/2021 - 6:31 PM Member: Committee: Civil Justice & Property Rights Subcommittee Version: c1
Event: H Added to Civil Justice & Property Rights Subcommittee agenda Time: 04/02/2021 - 4:23 PM Member: Committee: Civil Justice & Property Rights Subcommittee Version: c1
Event: H Now in Civil Justice & Property Rights Subcommittee Time: 03/26/2021 - 6:59 PM Member: Committee: Civil Justice & Property Rights Subcommittee Version: c1
Event: H Referred to Commerce Committee Time: 03/26/2021 - 6:59 PM Member: Committee: Commerce Committee Version: c1
Event: H Referred to Civil Justice & Property Rights Subcommittee Time: 03/26/2021 - 6:59 PM Member: Committee: Civil Justice & Property Rights Subcommittee Version: c1
Event: H 1st Reading Time: 03/25/2021 - 9:01 PM Member: Committee: Version: c1
Event: H CS Filed Time: 03/24/2021 - 6:26 PM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.18(a) Time: 03/24/2021 - 6:26 PM Member: Committee: Version: __
Event: H Reported out of Insurance & Banking Subcommittee Time: 03/24/2021 - 6:22 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Favorable with CS by Insurance & Banking Subcommittee Time: 03/23/2021 - 2:44 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H PCS added to Insurance & Banking Subcommittee agenda Time: 03/19/2021 - 4:23 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Added to Insurance & Banking Subcommittee agenda Time: 03/15/2021 - 4:20 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H 1st Reading Time: 03/02/2021 - 9:21 PM Member: Committee: Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 02/03/2021 - 1:42 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Commerce Committee Time: 02/03/2021 - 1:42 PM Member: Committee: Commerce Committee Version: __
Event: H Referred to Civil Justice & Property Rights Subcommittee Time: 02/03/2021 - 1:42 PM Member: Committee: Civil Justice & Property Rights Subcommittee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 02/03/2021 - 1:42 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Filed Time: 01/19/2021 - 1:56 PM Member: Rommel Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
489.147
624.316
624.318
624.424
626.7451 CS/SB 344, HB 471
626.7452 CS/SB 344, HB 471
626.854 CS/SB 344, HB 471, CS/HB 717, CS/CS/SB 1598
627.351 CS/SB 742, CS/HB 815, CS/CS/HB 1079, CS/SB 1574, CS/SB 1616
627.3518 CS/SB 1574
627.70132 CS/CS/CS/SB 76
627.7015 CS/CS/CS/SB 76, CS/SB 344
627.70152 CS/CS/CS/SB 76