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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: 2/25/2025 Senate - Referred to Appropriations Committee on Higher Education; Appropriations
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