Florida 2024 Regular Session Status: In Committee

HB 1015 — Insurance

Last action — Withdrawn prior to introduction; companion bill(s) passed, see CS/CS/HB 1611 (Ch. 2024-182)

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2024 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Insurance; Prohibits insurers from cancelling & nonrenewing certain personal residential & commercial residential property insurance policies for specified period; provides requirements for averaged models if such models are used for insurance rates; revises property insurance policies issued by Citizens Property Insurance Corporation which are not subject to rate increase limitations; provides requirements for surplus for reciprocal insurers; requires that reciprocal certificates of authority be issued to certain entities; authorizes reciprocal insurers to borrow money for specified purposes; prohibits specified acquisitions of certain voting securities; provides that votes in contravention of specified provisions are not valid; provides that acquisitions contrary to specified provisions are void; authorizes office to order certain persons to cease acquisition & divest themselves of stocks & ownership interests; prohibits Florida state security & guaranty funds from covering performance of contractual obligations of exchanges & their members for certain provisions relating to reciprocal insurer surpluses & attorney bonds.

Bill Text

Action History

  1. Withdrawn prior to introduction; companion bill(s) passed, see CS/CS/HB 1611 (Ch. 2024-182)

  2. Now in Insurance & Banking Subcommittee

  3. Referred to Commerce Committee

  4. Referred to State Administration & Technology Appropriations Subcommittee

  5. Referred to Insurance & Banking Subcommittee

  6. Filed

Sponsors

  • Stevenson · Primary

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 163 not signed on

Sponsors (1)

  • Stevenson

Co-sponsors (0)

None.

Not signed on (163)

163 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance
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Frequently asked questions

What does HB 1015 do?
Insurance; Prohibits insurers from cancelling & nonrenewing certain personal residential & commercial residential property insurance policies for specified period; provides requirements for averaged models if such models are used for insurance rates; revises property insurance policies issued by Citizens Property Insurance Corporation which are not subject to rate increase limitations; provides requirements for surplus for reciprocal insurers; requires that reciprocal certificates of authority be issued to certain entities; authorizes reciprocal insurers to borrow money for specified purposes; prohibits specified acquisitions of certain voting securities; provides that votes in contravention of specified provisions are not valid; provides that acquisitions contrary to specified provisions are void; authorizes office to order certain persons to cease acquisition & divest themselves of stocks & ownership interests; prohibits Florida state security & guaranty funds from covering performance of contractual obligations of exchanges & their members for certain provisions relating to reciprocal insurer surpluses & attorney bonds.
Who sponsors HB 1015?
HB 1015 is sponsored by Stevenson.
What is the current status of HB 1015?
This bill died with 2024 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HB 1015?
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Last checked for changes 2 months ago · updated continuously

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