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FL H1243
Bill
Status
Introduced
1/8/2026
Primary Sponsor
William Conerly
Click for details
AI Summary
- Increases the limit on excess rates for workers' compensation insurance policies from 10% to 20% of policies written or renewed per calendar year
- Excludes workers' compensation policies from the 20% limit for 3 years when the employer previously had coverage through the joint underwriting plan or was offered such coverage
- Reduces the Florida Workers' Compensation Insurance Guaranty Association board from 11 to 9 members
- Changes board composition to include 4 (down from 6) persons from the top 20 workers' compensation insurers, plus new seats for a statewide employer trade association nominee and the largest property/casualty insurance agents association
- Effective date: July 1, 2026
Legislative Description
Workers' Compensation Insurance
Last Action
Now in Insurance & Banking Subcommittee
1/15/2026
Committee Referrals
Insurance And Banking Subcommittee1/15/2026
Full Bill Text
No bill text available