HB 943
Citizens Property Insurance Corporation
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- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
Citizens Property Insurance Corporation; Prohibits corporation from issuing or renewing coverage for commercial residential & commercial nonresidential risks & from imposing equalization adjustment; requires corporation to implement commercial lines clearinghouse; authorizes corporation to share risk exposure & policy information with commercial lines clearinghouse administrator; authorizes approved surplus lines clearinghouse insurers to participate in commercial lines clearinghouse; prohibits such insurers from participating in personal lines clearinghouse; authorizes OIR to review certain operational processes related to program.
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