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
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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
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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: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 114 Insurance Research Trumbull Similar Last Action: 4/3/2025 S Placed on Special Order Calendar, 04/09/25 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) -
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: 4/3/2025 S Placed on Special Order Calendar, 04/09/25 Committee Amendments (1)
Amendment Sponsor Filed Last Committee Action Format 018807 - Amendment
Remove lines 221-226Canady 3/26/2025
6:23 PMAdopted without Objection
3/27/2025PDF 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)