Bill Amendment: FL S1334 | 2020 | Regular Session
NOTE: For additional amemendments please see the Bill Drafting List
Bill Title: Financial Services
Status: 2020-03-14 - Died in Banking and Insurance [S1334 Detail]
Download: Florida-2020-S1334-Senate_Committee_Substitue_Amendment_461914_Amendment_787114_.html
Bill Title: Financial Services
Status: 2020-03-14 - Died in Banking and Insurance [S1334 Detail]
Download: Florida-2020-S1334-Senate_Committee_Substitue_Amendment_461914_Amendment_787114_.html
Florida Senate - 2020 COMMITTEE AMENDMENT Bill No. SB 1334 Ì461914)Î461914 LEGISLATIVE ACTION Senate . House . . . . . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— The Committee on Banking and Insurance (Taddeo) recommended the following: 1 Senate Substitute for Amendment (787114) (with title 2 amendment) 3 4 Delete lines 497 - 504 5 and insert: 6hurricaneclaim.—An initialAclaim, supplemental claim, or7reopened claimunder an insurance policy that provides property 8 insurance, as defined in s. 624.604,for loss or damage caused9by the peril of windstorm or hurricaneis barred unless initial 10 notice of the claim is, supplemental claim, or reopened claim11wasgiven to the insurer in accordance with the terms of the 12 policy within 3 years after the date of losshurricane first13made landfall or the windstorm caused the covered damage. Notice 14 of all supplemental claims or reopened claims must be made 15 within the later of 3 years after the date of loss or 12 months 16 after the insurer’s final payment of the initial claim. This 17 section does not 18 19 ================= T I T L E A M E N D M E N T ================ 20 And the title is amended as follows: 21 Delete lines 57 - 59 22 and insert: 23 revising property insurance coverages and types of 24 claims for which a notice of a claim must be given to 25 the insurer within a specified timeframe; specifying 26 the timeframe in which notices of supplemental or 27 reopened claims must be made; revising the timeframe 28 for