Bill > S7010

This bill amends Florida Statute 631.195 to modify the public records exemptions for certain confidential documents held by the Department of Financial Services when acting as a receiver for insurers. The bill revises the types of records that are exempt from public disclosure, specifically removing exemptions for underwriting files, own-risk and solvency assessment (ORSA) summary reports, and corporate governance annual disclosure documents. It retains confidentiality protections for personal financial and health information of consumers, personnel and payroll records (with a new exception for executive officer details), consumer claim files, and certain confidential information received from other government entities or insurance associations. The bill eliminates the previous provision that would have automatically repealed these exemptions on October 2, 2025, effectively making these confidentiality provisions permanent. The bill also maintains existing provisions that allow for record sharing under specific circumstances, such as for regulatory investigations, with guaranty associations, or with the written consent of the consumer. The changes aim to update and clarify the confidentiality rules for insurance-related records held by the state's financial services department.

Banking and Insurance (S), Governmental Oversight and Accountability (S)

https://www.flsenate.gov/Session/Bill/2025/7010