FL S1508

Replaces Florida's voluntary mediation process for disputed property insurance claims with a mandatory dispute resolution procedure administered through the Division of Administrative Hearings (DOAH), available at the election of either the policyholder or insurer

Requires policyholders to file a detailed petition with DOAH that includes their identity, description of loss, insurer's alleged acts or omissions, damage estimates, and a good-faith certification that they attempted to resolve the dispute before filing

Insurers must pay the requested claim or file a response within 14 days of receiving the petition; the administrative law judge must determine coverage within 60 days and issue a final determination of the total coverage amount within 180 days of the petition filing

Repeals existing statutes governing appraisal clauses in property insurance contracts (s. 627.70151), suits arising under property insurance policies (s. 627.70152), consolidation of residential property insurance actions (s. 627.70153), and mandatory binding arbitration of property insurance policies (s. 627.70154)

Creates s. 627.70156 establishing that a homeowner's insurance policy insurer is the primary insurer when the insured also holds a separate windstorm or flood policy, requiring the homeowner's insurer to pay the loss first and then seek subrogation from the windstorm or flood insurer