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FL H4193
Bill
Status
3/9/2012
Primary Sponsor
Rachel Burgin
Click for details
AI Summary
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Repeals section 627.7015 of Florida Statutes, eliminating the Department of Financial Services' nonadversarial property insurance mediation program for resolving disputed property insurance claims.
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Removes all requirements, procedures, and processes associated with the repealed mediation program.
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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section 627.7074 to clarify that neutral evaluation supersedes the alternative dispute resolution process under the now-repealed section 627.7015 for sinkhole insurance claims.
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Maintains that neutral evaluation does not invalidate the appraisal clause of insurance policies.
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Effective date: July 1, 2012.
Legislative Description
Mediation Of Property Insurance Claims
Last Action
Died in Insurance and Banking Subcommittee
3/9/2012