Bill Summary

HB 893 Coverage by the Citizens Property Insurance Corporation (2024 Session)
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Sponsors
by Lopez (V) Co Sponsors: LaMarca, Eskamani CS Sponsors: Insurance & Banking Subcommittee
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Summary
Coverage by the Citizens Property Insurance Corporation: Revises types of policies that go to specified accounts of Citizens Property Insurance Corporation; revises requirements for areas that are eligible for certain personal residential & commercial residential & commercial nonresidential policy coverages by corporation; authorizes corporation to amend wind-eligible areas; authorizes corporation to consider certain factors in developing new eligibility criteria & rates for policies that provide wind-only coverage; provides that such rates are subject to specified provisions; requires corporation to review & submit to Legislature any recommendations to revise certain eligibility criteria for review & approval. Effective Date: July 1, 2024
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committees of reference
   H Insurance & Banking Subcommittee
» H Commerce Committee
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Actions
12/14/23
HOUSE 
Filed
01/05/24
HOUSE 
Referred to Insurance & Banking Subcommittee; Commerce Committee
01/05/24
HOUSE 
Now in Insurance & Banking Subcommittee
02/02/24
HOUSE 
On Committee agenda - Insurance & Banking Subcommittee, 02/06/24, 8:00 am, 17 H
02/06/24
HOUSE 
Favorable with CS by Insurance & Banking Subcommittee; 16 Yeas, 0 Nays
02/06/24
HOUSE 
Committee Substitute Text (C1) Filed
02/07/24
HOUSE 
Now in Commerce Committee
03/08/24
HOUSE 
Died in Commerce Committee
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bill text & filed amendments
0893
Filed on 12/14/23
PDF
Amendment 674781
Lopez (V)
Filed on 02/05/24
Adopted
PDF
0893C1
Filed on 02/06/24
PDF
No amendments to this bill text filed.
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Statute Citations
627.351
Research & Reports
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