Florida · House Bill 451 · 2025 Regular Session

Court Judgment Interest Rates and Insurance Reports and Practices

HB 451 Sponsored by Robert Alexander "Alex" Andrade Died in committee

  1. Introduced Feb 6, 2025
  2. In committee Feb 19, 2025
  3. Passed the House  
  4. Passed the Senate  
  5. To the governor  
  6. Became law Jul 1, 2025

What it does

The legislature's own summary of the bill, or its official long title.

Revises calculation that CFO performs to set rate of interest payable on judgments or decrees; requires OIR to create specified reports on insurance-related entities & compensation of executive officers for insurers, licensees, & registrants; revises factors office must consider in determining whether insurance rate is excessive, inadequate, or unfairly discriminatory; requires property insurers to send…

Read the full title (139 words)

Revises calculation that CFO performs to set rate of interest payable on judgments or decrees; requires OIR to create specified reports on insurance-related entities & compensation of executive officers for insurers, licensees, & registrants; revises factors office must consider in determining whether insurance rate is excessive, inadequate, or unfairly discriminatory; requires property insurers to send policyholders written estimate of amount of loss; specifies certain requirements for insurers when creating & sending such estimates; prohibits insureds & insurers from waiving such requirements; revises manner in which property insurer must respond to notice to initiate litigation; requires claimant & property insurer to participate in mandatory mediation; requires court to determine attorney fees in specified manner for cases arising from property insurance dispute; requires property insurers to disclose to policyholders dollar amount of credit or premium discount for mandatory binding arbitration endorsement.

Every action

8 steps, oldest first, as the legislature records them.

  1. HouseFiled
  2. CommitteeReferred to Insurance & Banking Subcommittee · House Insurance & Banking Subcommittee
  3. CommitteeReferred to Civil Justice & Claims Subcommittee · House Civil Justice & Claims Subcommittee
  4. CommitteeReferred to Commerce Committee · House Commerce Committee
  5. CommitteeNow in Insurance & Banking Subcommittee · House Insurance & Banking Subcommittee
  6. House1st Reading (Original Filed Version)
  7. HouseIndefinitely postponed and withdrawn from consideration
  8. CommitteeDied in Insurance & Banking Subcommittee · House Insurance & Banking Subcommittee

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it.

From Florida's official records (leg.state.fl.us; flhouse.gov), checked Nov 2, 2026. Text links go to the official versions; LegiList does not copy bill text.