SB 554 Florida Senate · 2025 Regular Session

Insurance Practices

Summary
Insurance Practices; Revising the calculation that the Chief Financial Officer performs to set the rate of interest payable on judgments or decrees; requiring the Office of Insurance Regulation of the Financial Services Commission to create specified reports on related entities and compensation of executive officers for insurers, licensees, and registrants; revising the facts the office must consider in determining whether a rate is excessive, inadequate, or unfairly discriminatory; requiring insurers to send policyholders a written estimate of the amount of loss under certain circumstances, etc.
Bill status died 1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 4, 2025 Last action Jun 16, 2025
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
5
Key actions
0
Committee
1
Mar 4, 2025
Introduced
Introduced
upper
Feb 20, 2025
Committee
Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Rules
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Don Gaetz
Don Gaetz
RRepublican
FL
1