Florida legislation · 2026 Regular Session
Florida H943: Citizens Property Insurance Corporation
Status: Passed one chamber, March 9, 2026
Prohibits corporation from issuing or renewing coverage for commercial residential & commercial nonresidential risks & from imposing equalization adjustment; requires corporation to implement commercial lines clearinghouse; authorizes corporation to share risk exposure & policy information with commercial lines clearinghouse administrator; authorizes approved surplus lines clearinghouse insurers to participate in commercial lines clearinghouse; prohibits such insurers from participating in personal lines clearinghouse; authorizes OIR to review certain operational processes related to program.
What the bill says
An act relating to the Citizens Property Insurance Corporation; amending s. 627.351, F.S.; prohibiting the corporation from issuing or renewing coverage for commercial residential and commercial nonresidential risks under certain circumstances; prohibiting the corporation from imposing an equalization adjustment under certain circumstances; providing applicability; providing the components of the total cost of insurance coverage; providing that the corporation is not relieved from an obligation to impose an equalization adjustment under certain circumstances…
From the introduced text, February 27, 2026:
A bill to be entitled An act relating to the Citizens Property Insurance Corporation; amending s. 627.351, F.S.; prohibiting the corporation from issuing or renewing coverage for commercial residential and commercial nonresidential risks under certain circumstances; prohibiting the corporation from imposing an equalization adjustment under certain circumstances; providing applicability; providing the components of the total cost of insurance coverage; providing that the corporation is not relieved from an obligation to impose an equalization adjustment under certain circumstances; providing that certain adjustments expire at a specified time; defining the term "equalization adjustment"; amending s. 627.3518, F.S.; deleting an obsolete date; providing definitions; 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 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; deleting obsolete provisions; words underlined are additions. hb943-02-c2 FLORIDAHOUSEOFREPRESENTATIVES CS/CS/HB 943 2026 revising the program's rights and responsibilities; revising the rights and responsibilities the corporation has in establishing the program; authorizing a commercial lines clearinghouse administrator to charge certain fees; authorizing the corporation to share risk exposure and policy information with the commercial lines clearinghouse administrator; …