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  • Introduced
    Feb 28, 2025
  • Passed House
  • Passed Senate
  • Signed into Law
HB 1433
Florida House Bill
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Hurricane Mitigation Grants and Insurers' Regulations; Specifies that hurricane mitigation grants funded through My Safe Florida Home Program may be awarded only under certain circumstances; requires DFS to require that certain mitigation improvements be made as condition of reimbursing homeowner approved for grant; increases surpluses required for certain insurers applying for their original certificates of authority & maintaining their certificates of authority; specifies prohibitions for persons who were officers or directors of insolvent insurer, officers or directors of managing general agent of insolvent insurer, attorneys in fact of insolvent reciprocal insurer, or officers or directors of attorney in fact of insolvent reciprocal insurer; requires OIR to prohibit insurers or reciprocal insurers from paying any compensation to certain persons for certain violations until violations are remedied; requires that insurers' final decisions to deny claims or portions of claims be made by qualified human professionals.
Last Action See all actions
House • Apr 11, 2025: 1st Reading (Committee Substitute 1)
Latest Bill Text See all bill texts

Summary/Bill Text

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  • Apr 11, 2025 | House
    • Referred to Commerce Committee
    • Now in Commerce Committee
    • 1st Reading (Committee Substitute 1)
  • Apr 10, 2025 | House
    • Favorable with CS by Insurance & Banking Subcommittee
    • Reported out of Insurance & Banking Subcommittee
    • Laid on Table under Rule 7.18(a)
    • CS Filed
  • Apr 08, 2025 | House
    • Added to Insurance & Banking Subcommittee agenda
  • Mar 05, 2025 | House
    • Referred to Insurance & Banking Subcommittee
    • Referred to Budget Committee
    • Referred to Commerce Committee
    • Now in Insurance & Banking Subcommittee
  • Mar 04, 2025 | House
    • 1st Reading (Original Filed Version)
  • Feb 28, 2025 | House
    • Filed