FL H0269

Creates sections 626.9202 and 627.444 of Florida Statutes requiring insurers to provide loss run statements to insureds within 15 calendar days of a written request.

Defines loss run statements as reports containing policy number, coverage period, number of claims, paid losses, and date of each loss, excluding supporting claim file documentation and privileged materials.

For personal lines of insurance, insurers may provide information on obtaining free loss run statements through consumer reporting agencies instead of directly providing them, but insureds may still request statements directly.

Requires loss run statements to contain claims history for the preceding 5 years or complete history if less than 5 years, and mandates insurers notify the agent of record when statements are provided.

Prohibits insurers from charging fees to prepare and provide one loss run statement annually and exempts insurers from providing loss reserve information.

Takes effect January 1, 2021.