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FL H4193

Bill

Status

Failed

3/9/2012

Primary Sponsor

Rachel Burgin

Click for details

Origin

House of Representatives

2012 Regular Session

AI Summary

  • Repeals section 627.7015 of Florida Statutes, eliminating the Department of Financial Services' nonadversarial property insurance mediation program for resolving disputed property insurance claims.

  • Removes all requirements, procedures, and processes associated with the repealed mediation program.

  • Amends section 627.7074 to clarify that neutral evaluation supersedes the alternative dispute resolution process under the now-repealed section 627.7015 for sinkhole insurance claims.

  • Maintains that neutral evaluation does not invalidate the appraisal clause of insurance policies.

  • Effective date: July 1, 2012.

Legislative Description

Mediation Of Property Insurance Claims

Last Action

Died in Insurance and Banking Subcommittee

3/9/2012

Committee Referrals

Insurance And Banking Subcommittee1/12/2012

Full Bill Text

No bill text available