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The Florida Senate

SB 114: Insurance Research

GENERAL BILL by Trumbull

Insurance Research; Renaming the Florida Catastrophic Storm Risk Management Center to the Florida Center for Excellence in Insurance and Risk Management; requiring the center to collaborate with the Office of Insurance Regulation to produce an annual report analyzing the property insurance market in this state; requiring the center to use the public hurricane loss projection model when necessary; requiring the office to contract with the center to manage the public hurricane loss projection model; providing for a type two transfer of the public hurricane loss projection model from Florida International University to Florida State University, etc. APPROPRIATION: $6,500,000

Effective Date: 7/1/2025
Last Action: 4/3/2025 Senate - Placed on Calendar, on 2nd reading
Bill Text: Web Page | PDF
Senate Committee References:
  1. Appropriations Committee on Higher Education (AHE)
  2. Appropriations (AP)



Bill History

Date Chamber Action
2/25/2025 Senate • Filed
• Referred to Appropriations Committee on Higher Education; Appropriations
3/4/2025 Senate • Introduced
3/19/2025 Senate • On Committee agenda-- Appropriations Committee on Higher Education, 03/24/25, 4:00 pm, 110 Senate Building
3/24/2025 Senate • Favorable by Appropriations Committee on Higher Education; YEAS 8 NAYS 0
3/25/2025 Senate • Now in Appropriations
3/28/2025 Senate • On Committee agenda-- Appropriations, 04/02/25, 9:00 am, 412 Knott Building
3/31/2025 Senate • On Committee agenda-- Appropriations, 04/03/25, 9:00 am, 412 Knott Building --Meeting cancelled
4/2/2025 Senate • Favorable by- Appropriations; YEAS 18 NAYS 0
4/3/2025 Senate • Placed on Special Order Calendar, 04/09/25 --If Received
• Placed on Calendar, on 2nd reading