House Bill 643 amends various provisions related to insurance practices in Florida, particularly focusing on surplus lines insurance and residential property insurance claims. The bill removes the definition of "diligent effort" and the requirement for documentation of such efforts for insurance coverage eligibility. It introduces new sections that clarify the liability of insureds, the duties of insurers regarding claims communication, and establishes a presumption that insured individuals are aware of other coverage options upon signing a disclosure acknowledgment. Additionally, the bill prohibits policyholders from assigning post-loss insurance benefits and requires settlements or verdicts against insureds before non-insured individuals can pursue action against liability insurers.

The bill also enhances communication and procedural requirements for insurers handling residential property insurance claims, mandating that adjusters' names and license numbers be included in claim communications. Insurers must provide detailed loss estimates within seven days and maintain comprehensive records of claim-related actions. It establishes timelines for insurers to respond to claims and outlines the process for initiating litigation against insurers, including a mandatory notice of intent to file suit. Furthermore, the bill modifies eligibility criteria for coverage under the Citizens Property Insurance Corporation and introduces provisions to prevent discrimination in motor vehicle insurance premiums. Overall, HB 643 aims to streamline insurance processes while ensuring consumer protection and accountability within the industry.

Statutes affected:
H 643 Filed: 626.913, 626.914, 626.916, 627.4085, 627.701, 627.70131, 627.70132, 627.70152, 627.952, 626.931, 627.351, 626.918, 626.9325, 626.9541, 626.935, 627.715