Florida · Senate Bill 554 · 2025 Regular Session

Insurance Practices

SB 554 Sponsored by Don Gaetz Died in committee

  1. Introduced Feb 7, 2025
  2. In committee Feb 20, 2025
  3. Passed the Senate  
  4. Passed the House  
  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.

Revising the calculation that the Chief Financial Officer performs to set the rate of interest payable on judgments or decrees; requiring the Office of Insurance Regulation of the Financial Services Commission to create specified reports on related entities and compensation of executive officers for insurers, licensees, and registrants; revising the facts the office must consider in determining whether a rate is excessive, inadequate, or unfairly discriminatory; requiring insurers to send policyholders a written estimate of the amount of loss under certain circumstances, etc.

Every action

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

  1. SenateFiled
  2. CommitteeReferred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Rules · Senate Banking and Insurance
  3. SenateIntroduced
  4. SenateIndefinitely postponed and withdrawn from consideration
  5. CommitteeDied in Banking and Insurance · Senate Banking and Insurance

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.