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.
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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 Calendar, on 2nd reading
• Placed on Special Order Calendar, 04/09/25
4/9/2025 Senate • Read 2nd time -SJ 375
• Amendment(s) adopted (235898) -SJ 375
• Read 3rd time -SJ 375
• Passed as amended; YEAS 37 NAYS 0 -SJ 392
• Immediately certified -SJ 392
4/9/2025 House • In Messages
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SB 114, Engrossed 1 (Current Bill Version) Posted 4/9/2025 at 3:58 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 (c1) Insurance Research Budget Committee Similar Last Action: 4/16/2025 H Added to Second Reading Calendar 
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) -
SB 114, Original Filed Version Posted 2/25/2025 at 12:32 PM
Bill Text: Web Page | PDF Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 1097 (c1) Insurance Research Budget Committee Similar Last Action: 4/16/2025 H Added to Second Reading Calendar
Floor Amendments (1)
Amendment Sponsor Filed Last Floor Action Format 235898 - Amendment
Delete lines 220 - 225.Trumbull 4/8/2025
9:04 AMSenate: Adopted
4/9/2025Web Page
PDFCommittee Votes (2)
Date Committee Result 3/24/2025 4:00 PM Appropriations Committee on Higher Education 8 Yeas - 0 Nays 4/2/2025 9:00 AM Appropriations 18 Yeas - 0 Nays Floor Votes (1)
Date Chamber Result 4/9/2025 2:10 PM Senate 37 Yeas - 0 Nays 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)