Bill > S0084

This bill creates the Insurance Solutions Advisory Council within the Office of Insurance Regulation of the Financial Services Commission to compile and analyze data about Florida's property and motor vehicle insurance markets. The council will consist of 10 members appointed by different state leaders, including representatives from various insurance companies, a trial attorney, a public adjuster, consumer advocates, insurance agents, and the Insurance Regulation Commissioner. Members will be appointed by August 1, 2026, and will serve without compensation but receive travel expense reimbursement. The council will meet at the chair's discretion, with the Office of Insurance Regulation providing administrative support. Starting October 1, 2026, the council will submit an annual report to state leadership detailing its analysis and recommendations regarding property and motor vehicle insurance in Florida. The advisory council is set to expire on October 2, 2029, unless the Legislature votes to continue it through reenactment. The bill will take effect on July 1, 2026, providing a structured approach to gathering and analyzing comprehensive information about the state's insurance markets.

https://www.flsenate.gov/Session/Bill/2026/84