Florida Senate Bill 554 (Prefiled Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 7 2025 - 25% progression
Action: 2025-02-07 - Filed
Text: Latest bill text (Introduced) [HTML]

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.

Insurance Practices

Sen. Don Gaetz [R]

Date	Chamber	Action
2025-02-07	Senate	Filed

H451 (Similar To) 2025-02-06 - Filed
H459 (Similar To) 2025-02-07 - Filed
S224 (Similar To) 2025-01-29 - Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy

Chapter	Article	Section	Citation Type	Statute Text
55	03		Amended Code	See Bill Text
624	315		Amended Code	See Bill Text
627	062		Amended Code	See Bill Text
627	151		Amended Code	See Bill Text
627	70131		Amended Code	See Bill Text
627	7015		Amended Code	See Bill Text
627	70152		Amended Code	See Bill Text
627	70154		Amended Code	See Bill Text
627	715		Amended Code	See Bill Text
627	7151		Amended Code	See Bill Text

Type	Source
Summary	https://www.flsenate.gov/Session/Bill/2025/554
Text	https://www.flsenate.gov/Session/Bill/2025/554/BillText/Filed/HTML