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Key Votes

SB 408 - Property and Casualty Insurance Amendments - Key Vote

Florida Key Votes

Rick Scott signed this Legislation.

Read statements Rick Scott made in this general time period.

Stages

Family

Issues

Stage Details

Legislation - Signed (Executive) -

Title: Property and Casualty Insurance Amendments

Legislation - Concurrence Vote Passed (Senate) (26-11) -
Legislation - Bill Passed With Amendment (House) (85-33) -
Legislation - Bill Passed (Senate) (25-12) - (Key vote)

Title: Property and Casualty Insurance Amendments

Vote Smart's Synopsis:

Vote to pass a bill that repeals the requirement that private insurers offer sinkhole insurance coverage, effective July 1, 2011.

Highlights:
  • Repeals statutes requiring private insurance companies to provide comprehensive sinkhole insurance coverage (Sec. 16).
  • Requires the state-run Citizens Property Insurance Corporation to provide sinkhole insurance coverage (Sec. 18).
  • Prohibits the Office of Insurance Regulation from disapproving a rate change for sinkhole coverage, unless the insurer is charging a higher premium solely because of the applicant's or insured's race, religion, sex, national origin, or marital status (Sec. 16).
  • Requires insurance policyholders to enter into a contract for the performance of building stabilization or foundation repair within 90 days after an insurance company confirms coverage for a sinkhole loss or catastrophic ground cover collapse (Sec. 30).
  • This act is effective July 1, 2011 (Sec. 35).
Legislation - Introduced (Senate) -

Title: Property and Casualty Insurance Amendments

Sponsors

Co-sponsors

  • D. Alan Hays (FL - R) (Out Of Office)
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