The bill amends various sections of Florida Statutes to enhance hurricane mitigation efforts through the My Safe Florida Home Program. It establishes that grants for hurricane mitigation can only be awarded if the improvements lead to property insurance credits or discounts. The Department of Financial Services is responsible for ensuring that specific mitigation improvements are completed before reimbursing homeowners who receive grants. Additionally, the bill increases surplus requirements for insurers seeking original or maintained certificates of authority and sets prohibitions for individuals associated with insolvent insurers.

Moreover, the bill introduces regulations concerning the use of algorithms and artificial intelligence in processing insurance claims, mandating that final decisions to deny claims must be made by qualified human professionals rather than solely relying on automated outputs. Insurers are required to keep detailed records of claim denials and provide clear communication to claimants, identifying the responsible human professional involved in the decision. The legislation aims to improve the efficiency and accountability of hurricane mitigation inspections and grants, with a focus on assisting low-income homeowners, and is set to take effect on July 1, 2025.

Statutes affected:
H 1433 Filed: 215.5586, 624.407, 624.4073
H 1433 c1: 215.5586, 624.407, 624.4073, 627.062