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FL H0319
Bill
Status
Introduced
11/4/2025
Primary Sponsor
Kelly Skidmore
Click for details
AI Summary
- Commissioner of Insurance Regulation must initiate an interstate compact by December 31, 2027 to establish a national risk pool for property insurance covering natural disasters
- The compact aims to reduce financial risks to Florida and its residents from natural disaster-related insurance claims
- Commissioner must enter into the compact with at least 14 other member states as soon as feasible
- Effective date: July 1, 2026
Legislative Description
Property Insurance Interstate Compact
Last Action
1st Reading (Original Filed Version)
1/13/2026
Committee Referrals
Insurance And Banking Subcommittee11/12/2025
Full Bill Text
No bill text available