Bill Summary
HB 643 Residual Market Insurers (2025 Session)
Residual Market Insurers : Removes diligent effort & other requirements for insurance coverage to be eligible for export; provides presumption of being informed & of knowing of certain insurance coverage; requires notification of arbitration before Division of Administrative Hearings as option for dispute resolution procedures under Citizens Property Insurance Corporation. Effective Date: July 1, 2025
02/14/25
HOUSE
Filed
02/26/25
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Referred to Insurance & Banking Subcommittee; Civil Justice & Claims Subcommittee; Commerce Committee
02/26/25
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Now in Insurance & Banking Subcommittee
03/25/25
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On Committee agenda - Insurance & Banking Subcommittee, 03/27/25, 9:00 AM, 17 H - PCS
03/27/25
HOUSE
Favorable with CS by Insurance & Banking Subcommittee; 17 Yeas, 1 Nay
03/31/25
HOUSE
Committee Substitute Text (C1) Filed
03/31/25
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Now in Civil Justice & Claims Subcommittee
No amendments to this bill text filed.
626.914
626.916
627.351

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