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FL H0507

Bill

Status

Failed

4/28/2015

Primary Sponsor

Insurance and Banking Subcommittee

Click for details

Origin

House of Representatives

2015 Regular Session

AI Summary

  • Financial Services Commission develops a uniform mitigation verification inspection form for use by all insurers when evaluating windstorm discount applications

  • Authorized inspectors who may sign valid forms include home inspectors (with 3+ hours of hurricane mitigation training), building code inspectors, general/building/residential contractors, professional engineers, professional architects, and any other qualified individuals recognized by the insurer

  • Insurers issuing policies to new policyholders may only accept the most recently adopted commission form or previously adopted forms completed within 5 years of the new policy effective date

  • Effective date is July 1, 2015

Legislative Description

Windstorm Premium Discounts

Last Action

Died in Regulatory Affairs Committee

4/28/2015

Committee Referrals

Regulatory Affairs3/5/2015
Insurance And Banking Subcommittee2/5/2015

Full Bill Text

No bill text available