S1740: Insurance
Legislative Summary
Specifying that hurricane mitigation grants funded through the My Safe Florida Home Program may be awarded only under certain circumstances; revising the surplus required for certain insurers applying for their original certificates of authority and to maintain their certificates of authority, respectively; specifying prohibitions for persons who were officers or directors of an insolvent insurer, attorneys in fact of a reciprocal insurer, or officers or directors of an attorney in fact of a reciprocal insurer; prohibiting the office from requesting an insurer waive a deemed approval for residential property insurance rate filing under certain circumstances, etc.
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