Florida Senate - 2025                        COMMITTEE AMENDMENT
       Bill No. SB 7010
       
       
       
       
       
       
                                Ì500896KÎ500896                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  04/01/2025           .                                
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       The Committee on Governmental Oversight and Accountability
       (Ingoglia) recommended the following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Delete everything after the enacting clause
    4  and insert:
    5         Section 1. Section 631.195, Florida Statutes, is amended to
    6  read:
    7         631.195 Records of insurers; public records exemptions.—
    8         (1) As used in this section, the term:
    9         (a) “Consumer” means a prospective purchaser of, a
   10  purchaser of, a beneficiary of, or an applicant for any
   11  insurance product or service. The term also includes a family
   12  member or dependent of such person.
   13         (b) “Personal financial and health information” means:
   14         1. A consumer’s personal health condition, disease, or
   15  injury;
   16         2. A history of a consumer’s personal medical diagnosis or
   17  treatment;
   18         3. The existence, nature, source, or amount of a consumer’s
   19  personal income or expenses;
   20         4. Records of, or relating to, a consumer’s personal
   21  financial transactions of any kind;
   22         5. The existence, identification, nature, or value of a
   23  consumer’s assets, liabilities, or net worth;
   24         6. The existence or content of, or any individual coverage
   25  or status under a consumer’s beneficial interest in, any
   26  insurance policy or annuity contract; or
   27         7. The existence, identification, nature, or value of a
   28  consumer’s interest in any insurance policy, annuity contract,
   29  or trust.
   30         (2) The following records, in whatever form, of an insurer
   31  which are made or received by the department, acting as receiver
   32  pursuant to this chapter, are confidential and exempt from s.
   33  119.07(1) and s. 24(a), Art. I of the State Constitution:
   34         (a) All personal financial and health information of a
   35  consumer.
   36         (b) Underwriting files of a type customarily maintained by
   37  an insurer transacting lines of insurance similar to those lines
   38  transacted by the insurer.
   39         (b)(c) Personnel and payroll records of the insurer, except
   40  for the names, benefits, and compensation of executive officers.
   41         (c)(d) Consumer claim files.
   42         (e) An own-risk and solvency assessment (ORSA) summary
   43  report, a substantially similar ORSA summary report, and
   44  supporting documents submitted to the office pursuant to s.
   45  628.8015.
   46         (f) A corporate governance annual disclosure and supporting
   47  documents submitted to the office pursuant to s. 628.8015.
   48         (d)(g) Information received from the National Association
   49  of Insurance Commissioners, a governmental entity in this or
   50  another state, the Federal Government, or a government of
   51  another nation which is confidential or exempt if held by that
   52  entity and which is held by the department for use in the
   53  performance of its duties relating to insurer solvency.
   54         (3) The exemptions in subsection (2) apply to records held
   55  by the department before, on, and after July 1, 2020.
   56         (4) Records or portions of records made confidential and
   57  exempt by this section may be released under any of the
   58  following circumstances:
   59         (a) To any state or federal agency, upon written request,
   60  if disclosure is necessary for the receiving entity to perform
   61  its duties and responsibilities. The receiving agency shall
   62  maintain the confidential and exempt status of such record or
   63  portion of such record.
   64         (b) To comply with a properly authorized civil, criminal,
   65  or regulatory investigation or a subpoena or summons by a
   66  federal, state, or local authority.
   67         (c) To the National Association of Insurance Commissioners
   68  and its affiliates and subsidiaries, if the recipient agrees in
   69  writing to maintain the confidential and exempt status of the
   70  records.
   71         (d) To the guaranty associations and funds of the various
   72  states which are receiving, adjudicating, and paying claims of
   73  the insolvent insurer subject to delinquency proceedings
   74  pursuant to this chapter. The receiving guaranty association
   75  shall maintain the confidential and exempt status of such record
   76  or portion of such record.
   77         (e) Upon written request, to persons identified as
   78  designated employees as described in s. 626.989(4)(d), whose
   79  responsibilities include the investigation and disposition of
   80  claims relating to suspected fraudulent insurance acts.
   81         (f) In the case of personal financial and health
   82  information of a consumer, upon written request of the consumer
   83  or the consumer’s legally authorized representative.
   84         (5) This section is subject to the Open Government Sunset
   85  Review Act in accordance with s. 119.15 and shall stand repealed
   86  on October 2, 2025, unless reviewed and saved from repeal
   87  through reenactment by the Legislature.
   88         Section 2. This act shall take effect October 1, 2025.
   89  
   90  ================= T I T L E  A M E N D M E N T ================
   91  And the title is amended as follows:
   92         Delete everything before the enacting clause
   93  and insert:
   94                        A bill to be entitled                      
   95         An act relating to a review under the Open Government
   96         Sunset Review Act; amending s. 631.195, F.S., which
   97         provides an exemption from public records requirements
   98         for certain records made or received by the Department
   99         of Financial Services acting as receiver pursuant to
  100         specified provisions; revising the list of records
  101         that are exempt from public records requirements;
  102         removing the scheduled repeal of the exemption;
  103         providing an effective date.