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CS/HB 1097: Insurance Research

GENERAL BILL by Budget Committee ; Canady ; (CO-INTRODUCERS) Cassel

Insurance Research; Renames Florida Catastrophic Storm Risk Management Center to Florida Center for Excellence in Insurance & Risk Management; revises provisions relating to center; requires center to manage public hurricane loss projection model & use public model when necessary; revises provisions & provides type II transfer relating to pubic model. APPROPRIATION: $6,500,000

Effective Date: 7/1/2025
 Last Action: 4/16/2025 House - Added to Second Reading Calendar
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    2/25/2025 House • Filed
    3/4/2025 House • 1st Reading (Original Filed Version)
    3/5/2025 House • Referred to Insurance & Banking Subcommittee
    • Referred to Budget Committee
    • Referred to Commerce Committee
    • Now in Insurance & Banking Subcommittee
    3/11/2025 House • Added to Insurance & Banking Subcommittee agenda
    3/13/2025 House • Favorable by Insurance & Banking Subcommittee
    3/14/2025 House • Reported out of Insurance & Banking Subcommittee
    • Now in Budget Committee
    3/18/2025 House • Added to Budget Committee agenda
    3/25/2025 House • Added to Budget Committee agenda
    3/27/2025 House • Favorable with CS by Budget Committee (Amended)
    • Reported out of Budget Committee
    3/28/2025 House • Laid on Table under Rule 7.18(a)
    • CS Filed
    • 1st Reading (Committee Substitute 1)
    3/31/2025 House • Referred to Commerce Committee
    • Now in Commerce Committee
    4/11/2025 House • Added to Commerce Committee agenda
    4/15/2025 House • Favorable by Commerce Committee
    4/16/2025 House • Reported out of Commerce Committee
    • Bill released to House Calendar
    • Added to Second Reading Calendar

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  • CS/HB 1097, Committee Substitute 1 (Current Bill Version) Posted 3/28/2025 at 9:43 AM

    Bill Text:   PDF
    Analyses:   Commerce Committee (Post-Meeting) 4/16/2025 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 114 (e1) Insurance Research Trumbull Similar Last Action: 4/9/2025 H In Messages Track This Bill

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    627.06281 Public hurricane loss projection model; reporting of data by insurers. Page 5 (pdf)
    627.06292 Reports of hurricane loss data and associated exposure data; public records exemption. Page 8 (pdf)
    1004.647 Florida Catastrophic Storm Risk Management Center. Page 2 (pdf)

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  • HB 1097, Original Filed Version Posted 2/25/2025 at 3:50 PM

    Bill Text:   PDF
    Analyses:   Insurance & Banking Subcommittee (Post-Meeting) 3/14/2025 (pdf)
    Budget Committee (Post-Meeting) 3/27/2025 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 114 Insurance Research Trumbull Identical Last Action: 4/9/2025 H In Messages Track This Bill

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    018807 - Amendment
    Remove lines 221-226     		Canady 3/26/2025
    6:23 PM     		Adopted without Objection
    3/27/2025     		PDF

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    627.06281 Public hurricane loss projection model; reporting of data by insurers. Page 5 (pdf)
    627.06292 Reports of hurricane loss data and associated exposure data; public records exemption. Page 8 (pdf)
    1004.647 Florida Catastrophic Storm Risk Management Center. Page 2 (pdf)

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