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The Florida Senate

SB 1740: Insurance

GENERAL BILL by Ingoglia

Insurance; Specifying that hurricane mitigation grants funded through the My Safe Florida Home Program may be awarded only under certain circumstances; revising the surplus required for certain insurers applying for their original certificates of authority and to maintain their certificates of authority, respectively; specifying prohibitions for persons who were officers or directors of an insolvent insurer, attorneys in fact of a reciprocal insurer, or officers or directors of an attorney in fact of a reciprocal insurer, etc.

Effective Date: 7/1/2025
Last Action: 2/28/2025 Senate - Filed
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    2/28/2025 Senate • Filed

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  • SB 1740, Original Filed Version (Current Bill Version) Posted 2/28/2025 at 12:45 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 1433 Hurricane Mitigation Grants and Insurers' Regulations Benarroch Identical Last Action: 2/28/2025 H Filed

    Citations - Statutes (4)

    Citation Catchline Location in Bill Location In Bill Help
    215.5586 My Safe Florida Home Program. Page 1 (pdf)
    624.407 Surplus required; new insurers. Page 12 (pdf)
    624.4073 Officers and directors of insolvent insurers. Page 13 (pdf)
    624.408 Surplus required; current insurers. Page 15 (pdf)

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