HB 11D (2022) -  Insurance

by Gottlieb
Revises calculation of amount of losses below which insurer is not entitled to reimbursement from FHCF for certain contract years; requires formula for determining actuarially indicated premiums to include cash build-up factor in certain contract years; authorizes insurers to file certain insurance rating plans based on certain windstorm mitigation construction standards under certain circumstances; revises conditions for determining ineligibility of condominiums for wind-only coverage; authorizes licensed personal lines or general lines agents to solicit, negotiate, advertise, or sell motor vehicle service agreements, home warranty contracts, & service warranty contracts without sales representative license.
Effective Date: Except as otherwise expressly provided in this act and except for this section, which shall take effect upon this act becoming a law, this act shall take effect July 1, 2022
Last Event: Withdrawn prior to introduction; companion bill(s) passed, see CS/SB 2-D (Ch. 2022-268) on Wednesday, May 18, 2022 8:39 AM

Related Bills

Staff Analysis

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Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Withdrawn prior to introduction; companion bill(s) passed, see CS/SB 2-D (Ch. 2022-268) Time: 05/18/2022 - 8:39 AM Member: Gottlieb Committee: Version: __
Event: H Filed Time: 05/16/2022 - 4:09 PM Member: Gottlieb Committee: Version: __