Committee adopts oversight language for Citizens commercial clearinghouse bill
February 24, 2026 | 2026 Legislature FL, Florida
This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »
Representative Redondo presented CS for HB 943, describing Citizens Property Insurance as an insurer of last resort and proposing a commercial clearinghouse for surplus lines commercial policies to improve availability by 2027. He said the strike‑all amendment gives the Office of Insurance Regulation (OIR) regulatory oversight and expressly prohibits use of public funds for the clearinghouse's creation or operation.
Members asked whether OIR's concerns were allayed; the sponsor said the strike‑all adds substantially more oversight than typical surplus lines practice. There was no public testimony on the strike‑all, it was adopted, and the bill was reported favorably by roll call.
Next steps: the bill moves forward with OIR oversight language included in the committee amendment.
Members asked whether OIR's concerns were allayed; the sponsor said the strike‑all adds substantially more oversight than typical surplus lines practice. There was no public testimony on the strike‑all, it was adopted, and the bill was reported favorably by roll call.
Next steps: the bill moves forward with OIR oversight language included in the committee amendment.
View the Full Meeting & All Its Details
This article offers just a summary. Unlock complete video, transcripts, and insights as a Founder Member.
✓
Watch full, unedited meeting videos
✓
Search every word spoken in unlimited transcripts
✓
AI summaries & real-time alerts (all government levels)
✓
Permanent access to expanding government content
30-day money-back guarantee
