FL S1800

Exempts notice of proposed divestiture by a controlling person of a domestic insurer from public records requirements, keeping information confidential until transaction conclusion unless Commissioner determines disclosure necessary for enforcement.

Allows lenders to request confidentiality for their identity when providing loans as consideration in mergers or acquisitions of domestic stock insurers, exempting lender identity from public records laws upon request.

Both exemptions are subject to the Open Government Sunset Review Act and automatically repeal on October 2, 2016, unless the Legislature reviews and reenacts them.

Establishes legislative findings that confidentiality for divestiture notices and lender identities serves the public interest in insurance acquisition proceedings.

Effective date is conditional, taking effect on the same date as related legislation (SB ___) if enacted in the same legislative session.