Florida Senate Bill 1668 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on March 8 2024 - 100% progression
Action: 2024-03-08 - Died in Banking and Insurance
Text: Latest bill text (Introduced) [HTML]

Specifying the retention multiple for specified contracts; requiring that the reimbursement contract contain a promise by the State Board of Administration to reimburse the insurer a specified percentage of its losses and applicable loss adjustment expenses; requiring the cash build-up factor to be frozen beginning in a specified contract year and to freeze for a specified period ending by a specified date; requiring the board to file certain premiums with the Office of Insurance Regulation, etc.

Florida Hurricane Catastrophe Fund and Reinsurance Assistance

Sen. Nick DiCeglie [R]

Date	Chamber	Action
2024-03-08	Senate	Died in Banking and Insurance
2024-01-11	Senate	Introduced
2024-01-11	Senate	Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy
2024-01-05	Senate	Filed

H1293 (Same As) 2024-03-08 - Died in Insurance & Banking Subcommittee

Chapter	Article	Section	Citation Type	Statute Text
215	555		Amended Code	See Bill Text
215	5551		Amended Code	See Bill Text
215	5552		Amended Code	See Bill Text

Type	Source
Summary	https://www.flsenate.gov/Session/Bill/2024/1668
Text	https://www.flsenate.gov/Session/Bill/2024/1668/BillText/Filed/HTML