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FL H1233

Bill

Official Source

Status

Failed

5/2/2014

Primary Sponsor

Dwight Dudley

Click for details

Origin

House of Representatives

2014 Regular Session

AI Summary

  • Amends section 627.351, Florida Statutes, to modify liability immunity provisions for the Citizens Property Insurance Corporation and related parties
  • Adds exceptions allowing lawsuits against the corporation for willful torts, breach of insurance contracts, debt issuance or payment issues, and actions by assessable insurers to enforce obligations
  • Permits policyholders to sue for breach of contract or policy benefits, with the corporation liable for attorney's fees under section 627.428
  • Requires the corporation to manage claim employees and adjusters to ensure claims are handled carefully, timely, diligently, and in good faith while balancing fiscal responsibility
  • Allows suits naming the corporation and its officers, employees, or agents as defendants if they acted in bad faith, with malicious purpose, or exhibited wanton and willful disregard of human rights, safety, or property
  • Effective date: July 1, 2014

Legislative Description

Citizens Property Insurance Corporation

Last Action

Died in Insurance and Banking Subcommittee

5/2/2014

Committee Referrals

Insurance And Banking Subcommittee3/11/2014

Full Bill Text

No bill text available