FL S1406

Creates section 626.84195, F.S. to exempt proprietary business information provided by title insurance agencies and insurers to the Office of Insurance Regulation from public records requirements.

Defines "proprietary business information" as confidential data owned by title insurance entities including business plans, audit reports, trade secrets, and financial information such as revenue, loss expenses, gross receipts, taxes, capital investment, customer identification, and employee wages.

Allows aggregated industry-wide data from multiple title insurance agencies and insurers to be disclosed publicly without revealing the specific identities of individual agencies or insurers.

Subjects the exemption to the Open Government Sunset Review Act and automatically repeals the exemption on October 2, 2017 unless the legislature reenacts it.

Takes effect on the same date that CS for SB 1404 or similar legislation takes effect and becomes law.