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FL S7012
Bill
Status
Introduced
1/12/2018
Primary Sponsor
Banking and Insurance
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AI Summary
- Removes the scheduled repeal date of October 2, 2018 for the exemption of proprietary business information from public records requirements in section 627.3518, Florida Statutes
- Allows the Citizens Property Insurance Corporation clearinghouse to permanently keep confidential proprietary business information provided by insurers regarding risk identification and coverage selection
- Defines proprietary business information as insurer-owned data that is not publicly available, including trade secrets and competitive information used in underwriting criteria
- Permits disclosure of confidential information only with insurer consent, by court order, or to other state/federal agencies that agree in writing to maintain confidentiality
- Takes effect October 1, 2018
Legislative Description
OGSR/Citizens Property Insurance Corporation Policyholder Eligibility Clearinghouse
Last Action
Laid on Table, refer to HB 7097
3/7/2018
Committee Referrals
Rules1/30/2018
Governmental Oversight and Accountability1/17/2018
Banking and Insurance1/5/2018
Full Bill Text
No bill text available