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SB 1556
  • Introduced
    Jan 05, 2024
  • Passed Senate
  • Passed House
  • Signed into Law
SB 1556
Florida Senate Bill
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Insurance; Creating the Property Insurance Commission; providing membership of the commission; providing for the election of the Commissioner of Insurance Regulation; requiring that interest earned on insurance proceeds received by mortgagees and assignees be paid to insureds; prohibiting property insurers from claiming insolvency under specified circumstances; prohibiting property insurers from using specified factors as a defense for denial of a claim, etc. APPROPRIATION: $300,000,000
Last Action See all actions
Senate • Mar 08, 2024: Died in Banking and Insurance
Latest Bill Text See all bill texts
S 1556 Filed
Companion Bills
FL2024HB 1489
Insurance; Creates Property Insurance Commission; provides powers & duties of commission; provides for election of Commissioner of Insurance Regulation; prohibits commissioner from engaging in certain activities or employment for specified period after leaving office; requires interest earned on insurance proceeds received by mortgagees & assignees to be paid to insureds; prohibits property insure...
FL2024HB 1017
Insurance; Creates Property Insurance Commission; provides powers & duties of commission & election of Commissioner of Insurance Regulation; prohibits commissioner from engaging in certain activities or employment after leaving office; requires interest earned on insurance proceeds be paid to insureds; specifies condition on insurance activities engaged in within this state by person who engages i...
FL2024SB 102
Property Insurance; Creating the Property Insurance Commission; providing for the election of the Commissioner of Insurance Regulation; prohibiting the commissioner from engaging in certain activities or employment for a specified period after leaving office; prohibiting property insurers from claiming insolvency under specified circumstances; requiring residential property insurers to release spe...

Summary/Bill Text

Sponsors
Votes
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Actions
  • Mar 08, 2024 | Senate
    • Died in Banking and Insurance
  • Jan 10, 2024 | Senate
    • Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy
    • Introduced
  • Jan 05, 2024 | Senate
    • Filed
Bill Texts
Documents
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