Bill Summary

SB 114 Insurance Research (2025 Session)
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Sponsors
by Trumbull
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Summary
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. Effective Date: 7/1/2025
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committees of reference
   S Appropriations Committee on Higher Education
   S Appropriations
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Actions
02/25/25
SENATE
Filed
02/25/25
SENATE
Referred to Appropriations Committee on Higher Education; Appropriations
03/19/25
SENATE
On Committee agenda - Appropriations Committee on Higher Education, 03/24/25, 4:00 pm, 110 S
03/24/25
SENATE
Favorable by Appropriations Committee on Higher Education; 8 Yeas, 0 Nays
03/25/25
SENATE
Now in Appropriations
03/28/25
SENATE
On Committee agenda - Appropriations, 04/02/25, 9:00 am, 412 K
03/31/25
SENATE
Meeting Canceled: Appropriations, 04/03/25, 9:00 am, 412 K
04/02/25
SENATE
Favorable by Appropriations; 18 Yeas, 0 Nays
04/03/25
SENATE
Placed on Calendar, on 2nd reading
04/03/25
SENATE
Placed on Special Order Calendar, 04/09/25
04/09/25
SENATE
Read Second Time; Amendment Adopted (235898); Read Third Time; Passed (Vote: 37 Yeas / 0 Nays); Immediately certified
04/09/25
SENATE
Engrossed Text (E1) Filed
04/09/25
HOUSE 
In Messages
05/03/25
HOUSE 
Indefinitely postponed and withdrawn from consideration
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bill text & filed amendments
0114
Filed on 02/25/25
PDF
Amendment 235898
Trumbull
Filed on 04/08/25
Adopted on 2nd Reading
PDF
0114E1
Filed on 04/09/25
PDF
No amendments to this bill text filed.
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Statute Citations
627.06281
627.06292
1004.647
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