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HB 1087

Property Insurance Claims

2025 Regular Session Introduced by Randy Maggard

Florida bill HB 1087 modified property insurance claims procedures but failed to advance, dying in subcommittee during the 2025 legislative session.

Died in Insurance & Banking Subcommittee
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Bill Summary · HB 1087

Legislative bill overview

HB 1087 is a Florida bill addressing property insurance claims procedures, introduced by Rep. Randy Maggard. The bill died in the Insurance & Banking Subcommittee after being indefinitely postponed in May 2025, never advancing to a full floor vote.

Why is this important

Florida's property insurance market has faced significant instability, with multiple insurer insolvencies and rising premiums affecting homeowners and businesses. Legislative efforts to modify claims procedures can either streamline dispute resolution or shift costs between insurers, consumers, and the state-backed insurer of last resort (Citizens Property Insurance Corporation).

Potential points of contention

  • Claims processing timeline and standards – Changes to claim approval timeframes or documentation requirements can either accelerate legitimate claims or create barriers for claimants
  • Insurer profitability vs. consumer protection – Modifications benefiting insurance companies' financial stability may conflict with policyholder interests in claim settlements
  • Role of Citizens Insurance – Any changes affecting how claims are handled could impact the state's growing exposure through its insurer of last resort

Compiled from official sources — confirm details with the bill’s official record.

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