Florida legislation · 2026 Regular Session
Florida S1028: Citizens Property Insurance Corporation
Status: Chaptered, June 17, 2026
Prohibiting the corporation from issuing new coverage for commercial residential and commercial nonresidential risks under certain circumstances; requiring the corporation to establish a personal lines clearinghouse for specified purposes; revising the rights and responsibilities the corporation has in establishing the program; requiring that certain risk information be aggregated and deidentified; authorizing applicants or insureds to elect to accept coverage with authorized insurers or elect to accept or continue coverage with the corporation under certain circumstances, etc.
What the bill says
An act relating to the Citizens Property Insurance Corporation; amending s. 627.351, F.S.; prohibiting the corporation from issuing new coverage for commercial residential and commercial nonresidential risks under certain circumstances; providing an exception; defining the term "total cost of insurance coverage for the specific risk"; amending s. 627.3518, F.S.; deleting an obsolete provision; defining terms; revising the definition of the term "program"; requiring the corporation to establish a personal lines clearinghouse for specified purposes…
From the enrolled text, March 18, 2026:
An act relating to the Citizens Property Insurance Corporation; amending s. 627.351, F.S.; prohibiting the corporation from issuing new coverage for commercial residential and commercial nonresidential risks under certain circumstances; providing an exception; defining the term "total cost of insurance coverage for the specific risk"; amending s. 627.3518, F.S.; deleting an obsolete provision; defining terms; revising the definition of the term "program"; requiring the corporation to establish a personal lines clearinghouse for specified purposes; requiring, on or before a specified date, the corporation to amend its plan of operation and implement a separate commercial lines clearinghouse for a specified purpose; requiring, on or before a specified date, the corporation to implement a separate commercial lines clearinghouse for specified purposes; requiring certain risks to be eligible for submission to the commercial lines clearinghouse for surplus lines insurance under certain circumstances; deleting obsolete provisions; revising the program's rights and responsibilities; revising the rights and responsibilities the corporation has in establishing the program; providing construction; requiring the corporation to share risk exposure and policy information with the commercial lines clearinghouse administrator for the commercial lines clearinghouse for surplus lines insurance; authorizing such administrator to use such information for a specified purpose; providing construction; requiring that certain risk information be aggregated and deidentified; authorizing authorized insurers to participate in the personal lines clearinghouse or …