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FL H0957
Bill
Status
Failed
6/16/2025
Primary Sponsor
Daryl Campbell
Click for details
AI Summary
- Amends Section 627.062, Florida Statutes, to cap property insurance rate increases filed with the Office of Insurance Regulation at no more than 10% above the highest rate approved by the office within the previous 12 months
- Applies to all property insurance filings made or submitted on or after July 1, 2025
- Does not apply to workers' compensation, employer's liability insurance, or motor vehicle insurance
- Effective date is July 1, 2025
Legislative Description
Limits on Property Insurance Rates Filed with the Office of Insurance Regulation
Last Action
Died in Insurance & Banking Subcommittee
6/16/2025
Committee Referrals
Insurance And Banking Subcommittee3/2/2025
Full Bill Text
No bill text available