Bill Summary

SB 728 Property Insurance (2017 Session)
Property Insurance; Revising limitations on the aggregate amount of certain emergency assessments levied by the board of governors of the Citizens Property Insurance Corporation; prohibiting the corporation from pledging more than a specified percent of its commercial lines account emergency assessment authority to secure the issuance of bonds or any other security; revising a limitation on a certain obligation of the Florida Insurance Guaranty Association for policies covering condominium associations or homeowners’ associations; requiring the Office of Insurance Regulation to levy specified additional emergency assessments against certain insurers for specified purposes, etc Effective Date: Upon becoming a law
02/06/17
SENATE
Filed
02/16/17
SENATE
Referred to Banking and Insurance; Appropriations Subcommittee on General Government; Appropriations; Rules
05/05/17
SENATE
Indefinitely postponed and withdrawn from consideration
05/08/17
SENATE
Died in Banking and Insurance
0728
Filed on 02/06/17
PDF
No amendments to this bill text filed.
625.012
627.351
631.57
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