Florida legislation · 2025 Regular Session
Florida S1740: Insurance
Status: Failed, June 16, 2025
Specifying that hurricane mitigation grants funded through the My Safe Florida Home Program may be awarded only under certain circumstances; revising the surplus required for certain insurers applying for their original certificates of authority and to maintain their certificates of authority, respectively; specifying prohibitions for persons who were officers or directors of an insolvent insurer, attorneys in fact of a reciprocal insurer, or officers or directors of an attorney in fact of a reciprocal insurer; prohibiting the office from requesting an insurer waive a deemed approval for residential property insurance rate filing under certain circumstances, etc.
Sponsors
- Blaise Ingoglia (R, SD-011) · primary sponsor
- Sharief, Barbara (D, SD-035)
Votes
- Senate Banking and Insurance (March 17, 2025): 7 yea, 0 nay, passed
Common questions
- What is S1740?
- S1740 is a bill in the Florida Legislature (2025 Regular Session): Insurance.
- What does S1740 do?
- Specifying that hurricane mitigation grants funded through the My Safe Florida Home Program may be awarded only under certain circumstances; revising the surplus required for certain insurers applying for their original certificates of authority and to maintain their certificates of authority, respectively; specifying prohibitions for persons who were officers or directors of an insolvent insurer, attorneys in fact of a reciprocal insurer, or officers or directors of an attorney in fact of a reciprocal insurer; prohibiting the office from requesting an insurer waive a deemed approval for residential property insurance rate filing under certain circumstances, etc.
- What is the status of S1740?
- Failed as of June 16, 2025.
- Who sponsored S1740?