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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: 3/31/2025 House - Now in Commerce Committee
Bill Text: PDF



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