Loading chat...
FL H0461
Bill
Status
Failed
6/16/2025
Primary Sponsor
Leonard Spencer
Click for details
AI Summary
- Creates the Insurance Solutions Advisory Council within the Office of Insurance Regulation to analyze data and evaluate information related to Florida's property and automobile insurance markets, serving in an advisory capacity to the office and the Legislature
- Establishes a 13-member council with appointments by the House Speaker (3), Senate President (3), Governor (3), Chief Financial Officer (2), Citizens Property Insurance Corporation board chair (1), and the Insurance Commissioner or designee, representing insurers, a trial attorney, a public adjuster, insurance agents, and a consumer advocate
- Requires all members to be appointed by August 1, 2025, serving without compensation but eligible for per diem and travel expense reimbursement
- Mandates the council submit an annual report beginning October 1, 2025, with analysis and recommendations related to property and automobile insurance in Florida
- Includes a sunset provision repealing the council on October 2, 2028, unless reenacted by the Legislature; effective date is July 1, 2025
Legislative Description
Insurance Solutions Advisory Council
Last Action
Died in Insurance & Banking Subcommittee
6/16/2025
Committee Referrals
Insurance And Banking Subcommittee2/19/2025
Full Bill Text
No bill text available