FL H4099

Deletes obsolete requirement for State Board of Administration to transfer uncommitted funds from Insurance Capital Build-Up Incentive Program to Citizens Property Insurance Corporation by January 15, 2009.

Removes expired presuit notice requirement for Florida Automobile Joint Underwriting Association that required 90 days' written notice of violations before department could bring action.

Repeals section 627.3519 requiring annual reports on aggregate net probable maximum losses, financing options, and potential assessments.

Removes obsolete June 1, 2007 deadline for insurers to file forms extending property insurance coverage for sinkhole losses and catastrophic ground cover collapse.

Repeals section 627.7077 regarding feasibility study of Florida Sinkhole Insurance Facility and eliminates reporting requirement on sinkhole database activities; takes effect July 1, 2011.