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Insurance

This bill failed and is no longer moving.

FL HB 1489 · House Bill · 2024

Stage
Failed
Started in
House
Sponsors
+15
Latest action
Mar 8, 2024

What it does

Insurance; Creates Property Insurance Commission; provides powers & duties of commission; provides for election of Commissioner of Insurance Regulation; prohibits commissioner from engaging in certain activities or employment for specified period after leaving office; requires interest earned on insurance proceeds received by mortgagees & assignees to be paid to insureds; prohibits property insurers from claiming insolvency; authorizes persons who engage in property insurance activities in other states to engage in insurance activities in this state; prohibits property insurers from using certain defenses as claims denials; requires insurance agents to advise insurance applicants of flood…

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Where it stands

This bill failed and is no longer moving.

Failed

This bill failed and is no longer moving.

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

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Work with this bill

Insurance | 52