Florida · House Bill 1053 · 2026 Regular Session

Insurers

  1. Introduced Jan 6, 2026
  2. In committee  
  3. Passed the House  
  4. Passed the Senate  
  5. To the governor  
  6. Became law Jul 1, 2026

What it does

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

Insurers; Revises definition of term "retention" for purpose of reimbursement from Florida Hurricane Catastrophe Fund; revises reimbursement amount promised by board in contract with property insurers; revises minimum of loss adjustment expenses; provides hurricane loss portion of formula that determines actuarially indicated premiums to be paid to fund; authorizes, rather than requires, such formula to provide for…

Read the full title (92 words)

Insurers; Revises definition of term "retention" for purpose of reimbursement from Florida Hurricane Catastrophe Fund; revises reimbursement amount promised by board in contract with property insurers; revises minimum of loss adjustment expenses; provides hurricane loss portion of formula that determines actuarially indicated premiums to be paid to fund; authorizes, rather than requires, such formula to provide for cash build-up factors; removes obsolete language; revises cash build-up factor for specified contract year; provide that risk retention groups registered to do business in state are deemed insurance companies authorized go do business in state.

Every action

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

  1. HouseFiled
  2. HouseWithdrawn prior to introduction

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it.

From Florida's official records (flsenate.gov), checked Nov 14, 2026. Text links go to the official versions; LegiList does not copy bill text.