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CS/CS/HB 1149: Policy Cancellations and Nonrenewals by Property Insurers

GENERAL BILL by Commerce Committee ; Insurance & Banking Subcommittee ; Botana ; (CO-INTRODUCERS) Barnaby ; Cassel ; Eskamani ; Lopez, V.

Policy Cancellations and Nonrenewals by Property Insurers; Prohibits authorized insurers & eligible surplus lines insurers from canceling & nonrenewing policies covering dwellings & residential properties damaged by covered perils within certain timeframes; provides exceptions to prohibitions against insurers' policy cancellations & nonrenewals within certain timeframes; authorizes FSC to adopt rules & Commissioner of Insurance Regulation to issue orders; provides conditions under which structure is deemed to be repaired.

Effective Date: 7/1/2024

Last Action: 3/8/2024 House - Died on Second Reading Calendar

Bill Text [pdf]

Current Bill Version Posted: 02/24/2024 at 08:31 PM

  • Related Bills (2)

    Bill Number Subject Filed By Last Action and Location Relationship Learn more about bill relationships
    H 1611 (er) by Insurance & Banking Subcommittee
    Insurance
    Last Action: 5/13/2024 Chapter No. 2024-182
    Compare
    S 1104 (c2) by Bradley
    Policy Cancellations and Nonrenewals by Property Insurers
    Last Action: 3/8/2024 H Died in Messages
    Compare
  • Citations - Statutes (2)

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    Citation and Catchline Location in Bill
    626.9201 Notice of cancellation or nonrenewal. Page 2 [pdf]
    627.4133 Notice of cancellation, nonrenewal, or renewal premium. Page 7 [pdf]
  • Bill History

    S = Senate, H = House

    Date Chamber Action
    1/3/2024 H • Filed
    1/9/2024 H • Referred to Insurance & Banking Subcommittee
    • Referred to State Administration & Technology Appropriations Subcommittee
    • Referred to Commerce Committee
    • Now in Insurance & Banking Subcommittee
    • 1st Reading (Original Filed Version)
    2/2/2024 H • PCS added to Insurance & Banking Subcommittee agenda
    2/6/2024 H • Favorable with CS by Insurance & Banking Subcommittee
    • Reported out of Insurance & Banking Subcommittee
    • Laid on Table under Rule 7.18(a)
    • CS Filed
    2/7/2024 H • Original reference removed: State Administration & Technology Appropriations Subcommittee
    • Referred to Commerce Committee
    • Now in Commerce Committee
    • 1st Reading (Committee Substitute 1)
    2/20/2024 H • Added to Commerce Committee agenda
    2/22/2024 H • Favorable with CS by Commerce Committee
    2/24/2024 H • Reported out of Commerce Committee
    • Laid on Table under Rule 7.18(a)
    • CS Filed
    2/26/2024 H • Bill referred to House Calendar
    • 1st Reading (Committee Substitute 2)
    • Added to Second Reading Calendar
    3/8/2024 H • Died on Second Reading Calendar
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