FL H0659

Requires the Office of Insurance Regulation to ensure that rates or rate changes from single zip code rating territories are not excessive, inadequate, or unfairly discriminatory.

Authorizes the Florida Automobile Joint Underwriting Association to cancel personal lines or commercial policies within 60 days of the effective date for nonpayment of premium if payment is dishonored or rejected.

Allows insureds to apply unearned premium refunds to unpaid balances of other policies with the same insurer or insurer group instead of receiving a refund.

Authorizes insurers to charge an insufficient funds fee of up to $15 per occurrence when premium payments by debit card, credit card, electronic funds transfer, or electronic check are declined or returned.

Requires the Division of Insurance Fraud to report on preinsurance inspection data by December 1, 2016, including costs, premium savings, and fraud documentation.