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
Last Action: 2/25/2025 Senate - Referred to Appropriations Committee on Higher Education; Appropriations
Bill Text: Web Page | PDF
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Bill History
Date Chamber Action 2/25/2025 Senate • Filed
• Referred to Appropriations Committee on Higher Education; Appropriations
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SB 114, Original Filed Version (Current Bill Version) Posted 2/25/2025 at 12:32 PM
Bill Text: Web Page | PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 1097 Insurance Research Canady Identical Last Action: 2/25/2025 H Filed 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 7 (pdf) 1004.647 Florida Catastrophic Storm Risk Management Center. Page 2 (pdf)