Citizens Property Insurance Corporation

What this bill does

Prohibiting the corporation from issuing or renewing coverage for commercial residential and commercial nonresidential risks under certain circumstances; requiring the corporation to establish a personal lines clearinghouse for specified purposes; authorizing the corporation to share risk exposure and policy information with the commercial lines clearinghouse administrator; specifying that applicants for new commercial lines residential coverage are not eligible for coverage from the corporation under certain circumstances; providing applicability; revising the rights and authorizations for certain independent insurance agents, etc.