FL S7052

Creates new authority for Office of Insurance Regulation to refer criminal violations to law enforcement and requires criminal referral procedures during investigations or examinations.

Establishes mandatory examination schedules for insurers based on risk classification (high-risk every 3 years, average/low-risk every 5 years) and requires adoption of risk-based selection methodology by Financial Services Commission.

Requires Office of Insurance Regulation to create and publish annual and quarterly enforcement reports detailing actions taken against insurers, violations found, and penalties imposed, with submission to Legislature and Commission.

Increases administrative penalties for violations including consumer complaint response failures (up to $5,000), unfair trade practices ($12,500-$100,000 per violation), and creates enhanced penalties for claims-handling violations by liability insurers up to $200,000 per violation.

Requires residential property insurers to maintain claims-handling manuals compliant with state law and industry standards, submit them upon request, and annually certify compliance; prohibits Citizens Property Insurance from denying coverage solely based on unrepaired damage from claims filed with Florida Insurance Guaranty Association.