Title: Annual Conference for Property Insurers

Summary: Requires DFS & OIR of Financial Services Commission to hold annual conference focusing on certain topics; requires certain insurers to attend such conference.

Full Text:
An act relating to an annual conference for property insurers; creating s. 624.37, F.S.; requiring the Department of Financial Services and the Office of Insurance Regulation of the Financial Services Commission to hold an annual conference focusing on certain topics; requiring certain insurers to attend such conference; providing an effective date. Be It Enacted by the Legislature of the State of Flor ida: Section 1. Section 624.37, Florida Statutes, is created to read: 624.37 Innovation and Collaboration Conference.-(1) The department and office shall annually hold a conference on insurance innovation and collaboration focusing on rates, oper ations, and claims management to ensure fair property insurance policies. (2) Each authorized insurer issuing property insurance policies in this state must attend the conference. Section 2. This act shall take effect July 1, 2022.