2025 Regular SessionFlorida Legislature

S1184: Residual Market Insurers

Legislative Summary

Revising the conditions for insurance coverage to be eligible for export; transferring to surplus lines insurance those provisions relating to liability of insureds and deductibles; prohibiting policyholders from assigning post-loss insurance benefits under property insurance policies; requiring settlements or verdicts against insureds as a condition precedent to the accrual or maintenance of causes of actions against liability insurers by persons who are not insureds, etc.

Demographic Impact

Overall analysis of equity impact

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Bill History

2/25/2025
Filed
Senate
3/3/2025
Referred to Banking and Insurance; Judiciary; Rules
Senate
3/4/2025
Introduced
Senate
3/12/2025
On Committee agenda-- Banking and Insurance, 03/17/25, 1:30 pm, 412 Knott Building
Senate
3/17/2025
CS by Banking and Insurance; YEAS 7 NAYS 0
Senate
3/19/2025
Pending reference review under Rule 4.7(2) - (Committee Substitute)
Senate
3/19/2025
Now in Judiciary
Senate
3/19/2025
CS by Banking and Insurance read 1st time
Senate
3/27/2025
On Committee agenda-- Judiciary, 04/01/25, 4:00 pm, 110 Senate Building --Temporarily Postponed
Senate

Amendments

Senate Committee Amendment #613174

3/14/2025Not Adopted

Roll Call Votes

Senate Banking and Insurance
3/17/2025
7
Yea
0
Nay
0
Not Voting
3
Absent
Result: PASSED

Status Information

Current Status
Introduced(2/25/2025)
Chamber
Senate
Committee
Judiciary(Senate)

Sponsors

Republican: 1

Documents

Comm Sub
Bill Text3/19/2025116.7 KB
Introduced
Bill Text2/25/2025117.2 KB
Veto Letter
Veto Letter3/31/2025211.5 KB
Veto Letter
Veto Letter3/19/2025209.3 KB
Veto Letter
Veto Letter3/14/2025186.5 KB