FloridaProperty Insurance Affiliates
What it does
Property Insurance Affiliates; Requires insurers to provide to OIR documentation demonstrating that financial considerations & payments to affiliates are fair & reasonable; requires office to consider certain factors to determine whether such considerations & payments are fair & reasonable; requires compensation arrangements between insurers & affiliates to be structured as fees for service; requires insurers to submit, & office to review, audited financial statements; requires contracts between insurers & affiliates to contain certain provisions; authorizes office to issue orders restricting fund transfers from insurers to affiliates under certain circumstances; requires affiliates to make certain refunds under certain circumstances; provides authority of office over affiliate dividends; requires affiliates to register with office.
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Where it stands
- Introduced
- Passed House
- Died
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Mar 13Died in RulesDied
- Feb 10ReceivedMinor
- Feb 9Referred to RulesMinor
- Feb 4In Messages
- Vote recorded Passage, Third Reading. Result: pass.Lower
- Feb 4Passed; YEAS 106, NAYS 3Passed House
- Feb 4Read 3rd timeMinor
- Feb 4Added to Third Reading Calendar
- Feb 4Read 2nd timeMinor
- Jan 29Bill added to Special Order Calendar (2/4/2026)
- Jan 27Added to Second Reading Calendar
- Vote recorded Favorable (Commerce Committee). Result: pass.Lower
- Jan 27Bill released to House Calendar
- Jan 27Reported out of Commerce Committee
- Jan 27Favorable by Commerce CommitteeMinor
- Jan 23Added to Commerce Committee agenda
- Jan 22Now in Commerce Committee
- Jan 22Reported out of Insurance & Banking Subcommittee
- Jan 21Favorable by Insurance & Banking SubcommitteeMinor
- Vote recorded Favorable (Insurance & Banking Subcommittee). Result: pass.Lower
- Jan 16Added to Insurance & Banking Subcommittee agenda
- Jan 15Now in Insurance & Banking Subcommittee
- Jan 15Referred to Commerce CommitteeMinor
- Jan 15Referred to Insurance & Banking SubcommitteeMinor
- Jan 131st Reading (Original Filed Version)Minor
- Jan 9FiledIntroduced