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FL S0618
Bill
Status
Introduced
11/20/2025
Primary Sponsor
Banking and Insurance
Click for details
AI Summary
- Increases the limit on excess rates for workers' compensation insurance policies from 10 percent to 20 percent of policies written or renewed per calendar year
- Maintains the existing 10 percent cap on excess rates for other commercial insurance lines and 5 percent cap for personal lines insurance
- Expands the Florida Workers' Compensation Insurance Guaranty Association board from 9 appointed members to 11 total members
- Adds one board member nominated by a statewide employer trade association and one nominated by the largest property and casualty insurance agents association in the state
- Takes effect July 1, 2026
Legislative Description
Workers' Compensation Insurance
Last Action
CS by Banking and Insurance read 1st time
2/10/2026
Committee Referrals
Appropriations Subcommittee on Agriculture, Environment, and General Government2/9/2026
Full Bill Text
No bill text available