Florida 2026 Session Status: Passed House 1 R cosponsors

HB 1263 — Office of Insurance Regulation

Last action — Died in Rules

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill has passed the House. Introduced January 08, 2026. It now moves to the second chamber.

Next likely step: consideration and a floor vote in the Senate.

Prognosis

Advancing 52% · moderate confidence

Where this bill stands today.

Odds of enactment

Moderate

How often bills like it became law.

  • Passed House

    Current position in the legislative process.

  • 3 sponsors

    1 primary, 2 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (1 R).

  • Cleared a recorded vote

    Passed 3 recorded votes so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Summary

Office of Insurance Regulation; Providing that the Office of Insurance Regulation is responsible for all activities concerning entities under its jurisdiction; authorizing the Department of Financial Services and the office to issue and deliver cease and desist orders for certain activities; authorizing the department and the office to seek an injunction for enforcement of such order; removing a provision authorizing the Financial Services Commission to adopt the Market Conduct Examiners Handbook; requiring the Department of Law Enforcement to accept and process fingerprints taken of certain persons; requiring the Department of Law Enforcement and the Federal Bureau of Investigation to conduct certain background checks; authorizing the Department of Law Enforcement to exchange certain records with the office; requiring certain non-United States-based insurance holding company systems to file a group capital calculation report, etc.

Bill Text

What changed in the latest version

933 added · 972 removed

933 line(s) added, 972 removed.

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F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 A bill to be entitled An act relating to the Office of Insurance Regulation;
F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 A bill to be entitled An act relating to the Office of Insurance Regulation;
providing legislative findings and intent;
providing applicability;
authorizing the Department of Law Enforcement to exchange certain records with the Page 1 of 47 CODING:
authorizing the Department of Law Enforcement to exchange certain Page 1 of 45 CODING:
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 office;
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 records with the office;
revising requirements of rate filing with the office Page 2 of 47 CODING:
revising requirements of rate filing with the office Page 2 of 45 CODING:
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 for certain insurers;
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 for certain insurers;
requiring certain non-United States-based Page 3 of 47 CODING:
requiring certain non-United States-based Page 3 of 45 CODING:
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 insurance holding company systems to file a group capital calculation report;
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 insurance holding company systems to file a group capital calculation report;
providing requirements for the Page 4 of 47 CODING:
providing requirements for the Page 4 of 45 CODING:
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 application of such registration;
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 application of such registration;
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hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 Section 1.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 Section 1.
The Office of Insurance Regulation, which shall be responsible for all activities concerning insurers, and other Page 6 of 47 CODING:
The Office of Insurance Regulation, which shall be responsible for all activities concerning insurers, and other Page 6 of 45 CODING:
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 risk bearing entities, and other entities under its jurisdiction, including licensing, rates, policy forms, market conduct, claims, issuance of certificates of authority, solvency, viatical settlements, premium financing, and administrative supervision, as provided under the insurance code or chapter 636.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 risk bearing entities, and other entities under its jurisdiction, including licensing, rates, policy forms, market conduct, claims, issuance of certificates of authority, solvency, viatical settlements, premium financing, and administrative supervision, as provided under the insurance code or chapter 636.
If, during an investigation, the office has reason to believe that any criminal law of this state has or may have been violated, the office shall refer any records tending to show such violation to state or federal law enforcement or prosecutorial agencies and shall provide investigative Page 7 of 47 CODING:
If, during an investigation, the office has reason to believe that any criminal law of this state has or may have been violated, the office shall refer any records tending to show such violation to state or federal law enforcement or prosecutorial agencies and shall provide investigative Page 7 of 45 CODING:
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 assistance to those agencies as required.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 assistance to those agencies as required.
In addition, the department or office may issue and deliver a notice to cease and desist to any person who Page 8 of 47 CODING:
In addition, the department or office may issue and deliver a notice to cease and desist to any person who Page 8 of 45 CODING:
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 aids and abets the person violating the insurance code.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 aids and abets the person violating the insurance code.
Subsections (2) through (9) of section 624.3161, Florida Statutes, are renumbered as subsections (3) through (10), respectively, subsection (1), paragraph (e) of present subsection (8), and paragraph (a) of present subsection Page 9 of 47 CODING:
Subsections (2) through (9) of section 624.3161, Florida Statutes, are renumbered as subsections (3) through (10), respectively, subsection (1), paragraph (e) of present subsection (8), and paragraph (a) of present subsection Page 9 of 45 CODING:
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 (9) are amended, and a new subsection (2) is added to that section, to read:
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 (9) are amended, and a new subsection (2) is added to that section, to read:
Such selection Page 10 of 47 CODING:
Such selection Page 10 of 45 CODING:
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 methodology must prioritize market conduct examinations of insurers and other entities regulated by the office to whom any of the following conditions applies:
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 methodology must prioritize market conduct examinations of insurers and other entities regulated by the office to whom any of the following conditions applies:
(a) A liability insurer may be subject to enhanced enforcement penalties if the office reviews the insurer's claims-handling practices and finds a pattern or practice of the insurer failing to do the following when responding to covered liability claims under an insurance policy, after receiving Page 11 of 47 CODING:
(a) A liability insurer may be subject to enhanced enforcement penalties if the office reviews the insurer's claims-handling practices and finds a pattern or practice of the insurer failing to do the following when responding to covered liability claims under an insurance policy, after receiving Page 11 of 45 CODING:
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 actual notice of such claims:
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 actual notice of such claims:
Within 30 days after a request, provide the insured with all communications related to the insurer's handling of the Page 12 of 47 CODING:
Within 30 days after a request, provide the insured with all communications related to the insurer's handling of the Page 12 of 45 CODING:
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 claim which are not privileged as to the insured.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 claim which are not privileged as to the insured.
Take reasonable measures to preserve any documentary, photographic, and forensic evidence as needed for the defense of Page 13 of 47 CODING:
Take reasonable measures to preserve any documentary, photographic, and forensic evidence as needed for the defense of Page 13 of 45 CODING:
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 the liability claim if it appears likely that the insured's liability exposure is greater than policy limits and the insurer fails to secure a general release in favor of the insured.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 the liability claim if it appears likely that the insured's liability exposure is greater than policy limits and the insurer fails to secure a general release in favor of the insured.
624.341 Authority of Department of Law Enforcement to accept fingerprints of, and exchange criminal history records with respect to, certain persons applying to the Office of Insurance Regulation.— (1) The Department of Law Enforcement must accept fingerprints from key managerial personnel with the ultimate authority of the financial and operational decisions of the entities licensed, certified, registered, or holding a certificate of authority under the Florida Insurance Code.
624.341 Authority of Department of Law Enforcement to accept fingerprints of, and exchange criminal history records with respect to, certain persons applying to the Office of Insurance Regulation.— (1) The Legislature finds that criminal activity of insurers poses a particular danger to the residents of this state.
This section applies to the following persons as required by the office:
Floridians rely, in good faith, on the honest conduct of those who issue and manage insurance policies and other insurance instruments in this state.
(a) Incorporators, stockholders, and attorneys in fact under ss.
To safeguard the residents of this state, the Legislature finds it necessary to ensure that organizers, incorporators, officers, employees, contractors, stockholders, directors, owners, managers, or volunteers involved in the organization, operation, or management of any insurer authorized to sell insurance do not have a criminal record.
624.404(3)(c), 629.091(2), 632.638(3), and 641.22(6)(c).
(2) The Department of Law Enforcement shall accept and process fingerprints taken of organizers, incorporators, Page 14 of 45 CODING:
(b) Individuals responsible for the management of and the conduct of the management of an arrangement, including all trustees, officers, and directors under s.
624.439(2).
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hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 (c) Individuals employed or retained by an administrator who are responsible for the conduct of the affairs of the administrator, including members of the board of directors, board of trustees, executive committee, or other governing board or committee, and the principal officers in the case of a corporation or the partners or members in the case of a partnership or association of the administrator under s.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 officers, employees, contractors, stockholders, directors, owners, managers, or volunteers involved, directly or indirectly, in the organization, operation, or management of any:
626.8805(2)(c).
(a) Insurer or proposed insurer transacting or proposing to transact insurance in this state.
(d) Individuals who are responsible for a viatical settlement provider's affairs, including, but not limited to, any member of the viatical settlement provider's board of directors, board of trustees, executive committee, or other governing board or committee, and any other person or entity owning or having the right to acquire 10 percent or more of the voting securities of the viatical settlement provider under s.
(b) Other entity that is examined or investigated, or is eligible to be examined or investigated, under the office's jurisdiction.
626.9912(3)(d).
(c) Other person or entity subject to licensure under the office's jurisdiction.
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(e) Managers of a company under ss.
(3) A full set of fingerprints of persons or entities described in subsection (2) must be submitted to the office or to a vendor, an entity, or an agency authorized under s.
627.829(1) and 627.832(1)(g) and (j).
(f) Directors, officers, trustees, or other natural persons performing duties similar to those of a director, officer, or trustee for the corporation, association, or trust under s.
628.461(3)(a).
(g) Directors, officers, trustees, partners, owners, managers, or joint venturers, or others performing functions similar to those of a director, officer, or trustee under s.
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words underlined are additions.
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 628.4615(5)(a)7.
(h) Managers of a company under ss.
634.041(2), 634.304(2), and 634.404(2).
(i) Members of the board of directors, board of trustees, executive committee, or other governing board or committee;
officers;
contracted management company personnel;
and any other person or entity owning or having the right to acquire 10 percent or more of the voting securities under ss.
636.008(3) and 636.204(2)(c).
(j) Persons who are to be responsible for the conduct of the affairs of a clinic, including all members of the governing body, the officers and directors in the case of a corporation, and the partners or associates in the case of a partnership or association under s.
641.405(2)(c).
(k) All natural persons who are directors and officers, and each shareholder who owns or controls 10 percent or more of the shares of the corporation under ss.
642.021 and 642.032.
(l) Members, shareholders, and persons in charge of providing care under a certificate of authority subject to s.
651.022(2)(c).
(2) The Department of Law Enforcement shall accept and process fingerprints of individuals identified by the office under subsection (1).
(3) Each person required to submit fingerprints to the office must provide a full set of fingerprints to the office or Page 16 of 47 CODING:
Words stricken are deletions;
words underlined are additions.
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 to a vendor, an entity, or an agency authorized under s.
The office, vendor, entity, or agency shall forward the fingerprints to the Department of Law Enforcement for state processing, and the Department of Law Enforcement shall forward the fingerprints to the Federal Bureau of Investigation for national processing.
The office, vendor, entity, or agency shall forward the fingerprints to the Department of Law Enforcement for state processing, and the Department of Law Enforcement shall forward the fingerprints to the Federal Bureau of Investigation for national processing pursuant to s.
Fees for state and federal fingerprint processing must be borne by the person submitting the fingerprints.
624.34(5).
Fees for state and federal fingerprint processing must be borne by the person submitting them.
(4) The Department of Law Enforcement may, to the extent provided by federal law, exchange any state or national criminal history records with the office for the purpose of issuance or continuation of a certificate of authority, certification, registration, or license to operate in this state.
(4) The Department of Law Enforcement may, to the extent authorized by federal law, exchange state, multistate, and federal criminal history records with the office for the purpose Page 15 of 45 CODING:
(5) Fingerprints must be submitted in accordance with rules adopted by the commission.
Words stricken are deletions;
words underlined are additions.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 of the issuance, denial, suspension, or revocation of a certificate of authority, certification, registration, or license to operate in this state.
(5) Fingerprints for each person or entity described in subsection (2) must be submitted in accordance with rules adopted by the commission.
(b) The Department of Law Enforcement shall conduct the state criminal history background check, and a federal criminal history background check shall be conducted through the Federal Bureau of Investigation.
(b) The Department of Law Enforcement shall conduct the state criminal history background check and a federal criminal history background check must be conducted through the Federal Bureau of Investigation.
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943.05(2)(b) and be available for use in accordance with s.
943.05(2)(g) and (h).
The office shall inform the Department of Law Enforcement the name of any person whose fingerprints no longer need to be retained.
(d) The costs of fingerprint processing, including the cost of retaining the fingerprints, must be borne by the person subject to the background check.
(e) The office shall review the results of the state and federal criminal history background checks and determine whether the applicant meets the requirements for a certificate of Page 16 of 45 CODING:
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 943.05(2)(b) and available for use in accordance with s.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 authority, certification, registration, or license to operate in this state.
943.05(2)(g) and (h).
(6) Statewide criminal records obtained through the Department of Law Enforcement, federal criminal records obtained through the Federal Bureau of Investigation, and local criminal records obtained through local law enforcement agencies must be used by the office for the purpose of issuance, denial, suspension, or revocation of certificates of authority, certifications, registrations, or licenses required to operate in this state.
(d) The costs of fingerprint processing, including the cost of retaining the fingerprints, must be borne by the person subject to the background checks.
(e) The office shall review the results of the state and federal criminal history background checks and determine whether the applicant meets the requirements for the certificate of authority, certification, registration, or license to operate in this state.
(6) Statewide criminal records obtained through the Department of Law Enforcement, federal criminal records obtained through the Federal Bureau of Investigation, and local criminal records obtained through local law enforcement agencies must be used by the office for the purpose of issuance, denial, suspension, or revocation of certificates of authority, certifications, registrations, or licenses issued to operate in this state.
In making that determination, the Page 18 of 47 CODING:
In making that determination, the office shall, in accordance with generally accepted and reasonable actuarial techniques, consider the following factors:
Words stricken are deletions;
words underlined are additions.
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 office shall, in accordance with generally accepted and reasonable actuarial techniques, consider the following factors:
Investment income reasonably expected by the insurer, consistent with the insurer's investment practices, from investable premiums anticipated in the filing, plus any other expected income from currently invested assets representing the amount expected on unearned premium reserves and loss reserves.
Investment income reasonably expected by the insurer, Page 17 of 45 CODING:
Words stricken are deletions;
words underlined are additions.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 consistent with the insurer's investment practices, from investable premiums anticipated in the filing, plus any other expected income from currently invested assets representing the amount expected on unearned premium reserves and loss reserves.
Dividends, savings, or unabsorbed premium deposits allowed or returned to policyholders, members, or subscribers in Page 19 of 47 CODING:
Dividends, savings, or unabsorbed premium deposits allowed or returned to policyholders, members, or subscribers in this state.
Words stricken are deletions;
words underlined are additions.
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 this state.
10.
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hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 10.
For filings submitted to the office after January 1, 2027, projected comprehensive losses, if applicable, used to determine a hurricane catastrophe load for private passenger automobile insurance, which must be estimated using a model or method found to be acceptable or reliable by the Florida Page 20 of 47 CODING:
For filings submitted to the office after January 1, 2027, projected comprehensive losses, if applicable, used to determine a hurricane catastrophe load for private passenger automobile insurance, which must be estimated using a model or method found to be acceptable or reliable by the Florida Commission on Hurricane Loss Projection Methodology under s.
Words stricken are deletions;
words underlined are additions.
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 Commission on Hurricane Loss Projection Methodology under s.
The provisions of this subsection do not apply to workers' compensation, employer's liability insurance, and motor vehicle insurance.
Page 19 of 45 CODING:
Words stricken are deletions;
words underlined are additions.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 The provisions of this subsection do not apply to workers' compensation, employer's liability insurance, and motor vehicle insurance.
It is the public policy of this state to Page 21 of 47 CODING:
It is the public policy of this state to encourage the use of the most sophisticated actuarial methods to ensure assure that consumers are charged lawful rates for residential property insurance and private passenger automobile insurance coverage.
(3) ADOPTION AND EFFECT OF STANDARDS AND GUIDELINES.— (a) The commission shall consider any actuarial methods, principles, standards, models, or output ranges that have the potential for improving the accuracy of or reliability of the Page 20 of 45 CODING:
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 encourage the use of the most sophisticated actuarial methods to ensure assure that consumers are charged lawful rates for residential property insurance and private passenger automobile insurance coverage.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 hurricane loss projections used in residential property insurance and private passenger automobile insurance rate filings and flood loss projections used in rate filings for personal lines residential flood insurance coverage.
(3) ADOPTION AND EFFECT OF STANDARDS AND GUIDELINES.— (a) The commission shall consider any actuarial methods, principles, standards, models, or output ranges that have the potential for improving the accuracy of or reliability of the hurricane loss projections used in residential property insurance and private passenger automobile insurance rate filings and flood loss projections used in rate filings for personal lines residential flood insurance coverage.
A rate filing for residential property insurance must include actuarially reasonable discounts, credits, or other rate differentials, or appropriate reductions in deductibles, for properties on which Page 22 of 47 CODING:
A rate filing for residential property insurance must include actuarially reasonable discounts, credits, or other rate differentials, or appropriate reductions in deductibles, for properties on which fixtures or construction techniques demonstrated to reduce the amount of loss in a windstorm have been installed or implemented.
The fixtures or construction techniques must include, but are not limited to, fixtures or construction techniques that enhance wind uplift prevention, roof strength, roof covering performance, roof-to-wall strength, wall-to-floor- to-foundation strength, opening protection, and window, door, and skylight strength.
Credits, discounts, or other rate Page 21 of 45 CODING:
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 fixtures or construction techniques demonstrated to reduce the amount of loss in a windstorm have been installed or implemented.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 differentials, or appropriate reductions in deductibles, for fixtures and construction techniques that meet or exceed the minimum requirements of the Florida Building Code must be included in the rate filing.
The fixtures or construction techniques must include, but are not limited to, fixtures or construction techniques that enhance wind uplift prevention, roof strength, roof covering performance, roof-to-wall strength, wall-to-floor- to-foundation strength, opening protection, and window, door, and skylight strength.
Credits, discounts, or other rate differentials, or appropriate reductions in deductibles, for fixtures and construction techniques that meet or exceed the minimum requirements of the Florida Building Code must be included in the rate filing.
Such information must be accessible Page 23 of 47 CODING:
Such information must be accessible on, or through a hyperlink located on, the home page of the insurer's website or the primary page of the insurer's website for property insurance policyholders or applicants for such coverage in this state.
On or before January 1, 2025, and every 5 years thereafter, the office shall reevaluate and update the fixtures or construction techniques demonstrated to reduce the amount of loss in a windstorm and the discounts, credits, other rate differentials, and appropriate reductions in deductibles Page 22 of 45 CODING:
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 on, or through a hyperlink located on, the home page of the insurer's website or the primary page of the insurer's website for property insurance policyholders or applicants for such coverage in this state.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 that reflect the full actuarial value of such fixtures or construction techniques.
On or before January 1, 2025, and every 5 years thereafter, the office shall reevaluate and update the fixtures or construction techniques demonstrated to reduce the amount of loss in a windstorm and the discounts, credits, other rate differentials, and appropriate reductions in deductibles that reflect the full actuarial value of such fixtures or construction techniques.
Subsection (1) of section 627.711, Florida Statutes, is amended, and paragraphs (c), (d), and (e) are added Page 24 of 47 CODING:
Subsection (1) of section 627.711, Florida Statutes, is amended, and paragraphs (c), (d), and (e) are added to subsection (2) of that section, to read:
627.711 Notice of premium discounts for hurricane loss mitigation;
uniform mitigation verification inspection form.— (1) Using a form prescribed by the Office of Insurance Regulation, the insurer shall clearly notify the applicant or policyholder of any personal lines residential property insurance policy, at the time of the issuance of the policy and at each renewal, of the availability and the range of each Page 23 of 45 CODING:
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 to subsection (2) of that section, to read:
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 premium discount, credit, other rate differential, or reduction in deductibles, and combinations of discounts, credits, rate differentials, or reductions in deductibles, for properties on which fixtures or construction techniques demonstrated to reduce the amount of loss in a windstorm can be or have been installed or implemented.
627.711 Notice of premium discounts for hurricane loss mitigation;
uniform mitigation verification inspection form.— (1) Using a form prescribed by the Office of Insurance Regulation, the insurer shall clearly notify the applicant or policyholder of any personal lines residential property insurance policy, at the time of the issuance of the policy and at each renewal, of the availability and the range of each premium discount, credit, other rate differential, or reduction in deductibles, and combinations of discounts, credits, rate differentials, or reductions in deductibles, for properties on which fixtures or construction techniques demonstrated to reduce the amount of loss in a windstorm can be or have been installed or implemented.
The prescribed form must also notify the applicant or policyholder if the insurer offers an enhanced discount for a roof system that uses a secondary water resistance, and the form must Page 25 of 47 CODING:
The prescribed form must also notify the applicant or policyholder if the insurer offers an enhanced discount for a roof system that uses a secondary water resistance, and the form must generally list the amount of discount by type of secondary water resistance.
Words stricken are deletions;
words underlined are additions.
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 generally list the amount of discount by type of secondary water resistance.
This database must be managed by the office to collect and evaluate mitigation features of residential properties within this state.
This database must be managed by the office to collect and evaluate mitigation Page 24 of 45 CODING:
Words stricken are deletions;
words underlined are additions.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 features of residential properties within this state.
The Financial Services Commission shall adopt by rule a list of the data required, which must include specific data about claims Page 26 of 47 CODING:
The Financial Services Commission shall adopt by rule a list of the data required, which must include specific data about claims adjustment and settlement timeframes and trends, grouped by whether litigated or not litigated and by loss adjustment expenses.
Words stricken are deletions;
words underlined are additions.
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 adjustment and settlement timeframes and trends, grouped by whether litigated or not litigated and by loss adjustment expenses.
627.915 Insurer experience reporting.— (2)(a) Beginning January 1, 2027, each insurer transacting private passenger automobile insurance in this state must file monthly with the office a report addressing all of the following areas:
627.915 Insurer experience reporting.— (2)(a) Beginning January 1, 2027, each insurer transacting private passenger automobile insurance in this state must file Page 25 of 45 CODING:
Words stricken are deletions;
words underlined are additions.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 monthly with the office a report addressing all of the following areas:
(b) The commission shall adopt rules specifying the information required to be reported under this subsection and the format required for the reports fire, homeowner's multiple peril, commercial multiple peril, medical malpractice, products liability, workers' compensation, private passenger automobile liability, commercial automobile liability, private passenger Page 27 of 47 CODING:
(b) The commission shall adopt rules specifying the information required to be reported under this subsection and the format required for the reports fire, homeowner's multiple peril, commercial multiple peril, medical malpractice, products liability, workers' compensation, private passenger automobile liability, commercial automobile liability, private passenger automobile physical damage, commercial automobile physical damage, officers' and directors' liability insurance, or other liability insurance shall report, for each such line of insurance, the information specified in this subsection to the office.
Words stricken are deletions;
words underlined are additions.
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 automobile physical damage, commercial automobile physical damage, officers' and directors' liability insurance, or other liability insurance shall report, for each such line of insurance, the information specified in this subsection to the office.
(b) Direct premiums earned.
Page 26 of 45 CODING:
Words stricken are deletions;
words underlined are additions.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 (b) Direct premiums earned.
Page 28 of 47 CODING:
(i) Commissions and brokerage fees.
Words stricken are deletions;
words underlined are additions.
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 (i) Commissions and brokerage fees.
(n) Net investment gain or loss and other income gain or loss allocated pro rata by earned premium to Florida business utilizing the investment allocation formula contained in the National Association of Insurance Commissioner's Profitability Report by line by state.
(n) Net investment gain or loss and other income gain or loss allocated pro rata by earned premium to Florida business utilizing the investment allocation formula contained in the Page 27 of 45 CODING:
Words stricken are deletions;
words underlined are additions.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 National Association of Insurance Commissioner's Profitability Report by line by state.
(a) "Group capital calculation instructions" means the group capital calculation instructions adopted by the NAIC, as amended from time to time, in accordance with the procedures adopted by the NAIC if the methodology remains substantially Page 29 of 47 CODING:
(a) "Group capital calculation instructions" means the group capital calculation instructions adopted by the NAIC, as amended from time to time, in accordance with the procedures adopted by the NAIC if the methodology remains substantially consistent.
(b) "Groupwide supervisor" means the regulatory official authorized to engage in conducting and coordinating groupwide supervision activities who is determined or acknowledged by the commissioner to have sufficient contacts with an internationally active insurance group.
As used in this paragraph, the term "internationally active insurance group" means an insurance holding company system that includes an insurer registered under Page 28 of 45 CODING:
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 consistent.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 s.
(b) "Groupwide supervisor" means the regulatory official authorized to engage in conducting and coordinating groupwide supervision activities who is determined or acknowledged by the commissioner to have sufficient contacts with an internationally active insurance group.
As used in this paragraph, the term "internationally active insurance group" means an insurance holding company system that includes an insurer registered under s.
The report must be completed in accordance with the group capital calculation instructions, which permit the office to allow a controlling person who is not the ultimate controlling Page 30 of 47 CODING:
The report must be completed in accordance with the group capital calculation instructions, which permit the office to allow a controlling person who is not the ultimate controlling person to file the group capital calculation report.
Words stricken are deletions;
words underlined are additions.
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 person to file the group capital calculation report.
An insurance holding company system that has only one insurer within its holding company structure, is licensed and writing business only in its domestic state, and does not assume business from any other insurer.
An insurance holding company system that has only one Page 29 of 45 CODING:
Words stricken are deletions;
words underlined are additions.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 insurer within its holding company structure, is licensed and writing business only in its domestic state, and does not assume business from any other insurer.
An insurance holding company system that meets the Page 31 of 47 CODING:
An insurance holding company system that meets the following criteria:
Words stricken are deletions;
words underlined are additions.
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 following criteria:
b.
Page 30 of 45 CODING:
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hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 b.
(c) Notwithstanding the exemptions provided in subparagraphs (a)1.-4., the office may exempt the ultimate controlling person from filing the annual group capital Page 32 of 47 CODING:
(c) Notwithstanding the exemptions provided in subparagraphs (a)1.-4., the office may exempt the ultimate controlling person from filing the annual group capital calculation report or may accept a group capital filing or report in accordance with criteria as specified in paragraphs (e) and (f).
(d) If the office determines that an insurance holding company system no longer meets one or more of the requirements for an exemption from filing the group capital calculation report under subsection (a), the ultimate controlling person must file the group capital calculation report at the next Page 31 of 45 CODING:
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 calculation report or may accept a group capital filing or report in accordance with criteria as specified in paragraphs (e) and (f).
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 annual filing date unless the office provides an extension based on reasonable grounds shown.
(d) If the office determines that an insurance holding company system no longer meets one or more of the requirements for an exemption from filing the group capital calculation report under subsection (a), the ultimate controlling person must file the group capital calculation report at the next annual filing date unless the office provides an extension based on reasonable grounds shown.
Page 33 of 47 CODING:
3.
Words stricken are deletions;
words underlined are additions.
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 3.
The noninsurers within the insurance holding company system do not pose a material financial risk to the insurer's ability to honor policyholder obligations.
The noninsurers within the insurance holding company Page 32 of 45 CODING:
Words stricken are deletions;
words underlined are additions.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 system do not pose a material financial risk to the insurer's ability to honor policyholder obligations.
The insurance holding company system does not include a banking, depository, or other financial entity that is subject Page 34 of 47 CODING:
The insurance holding company system does not include a banking, depository, or other financial entity that is subject to an identified regulatory capital framework.
Words stricken are deletions;
words underlined are additions.
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 to an identified regulatory capital framework.
(g) If an insurance holding company system that has previously had an exemption with respect to the group capital calculation report under paragraph (e) or paragraph (f), the office may require at any time the ultimate controlling person to file an annual group capital calculation report, completed in accordance with the group capital calculation instructions, if any of the following criteria are met:
(g) If an insurance holding company system that has Page 33 of 45 CODING:
Words stricken are deletions;
words underlined are additions.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 previously had an exemption with respect to the group capital calculation report under paragraph (e) or paragraph (f), the office may require at any time the ultimate controlling person to file an annual group capital calculation report, completed in accordance with the group capital calculation instructions, if any of the following criteria are met:
An insurer within the insurance holding company system otherwise exhibits qualities of a troubled insurer as determined by the office based on unique circumstances including, but not limited to, the type and volume of business written, ownership and organizational structure, federal agency requests, and Page 35 of 47 CODING:
An insurer within the insurance holding company system otherwise exhibits qualities of a troubled insurer as determined by the office based on unique circumstances including, but not limited to, the type and volume of business written, ownership and organizational structure, federal agency requests, and international supervisor requests.
Words stricken are deletions;
words underlined are additions.
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 international supervisor requests.
(j) The commission may adopt rules for filing the annual group capital calculation report in accordance with the Insurance Holding Company System Regulatory Act of the NAIC and the Insurance Holding Company System Model Regulation of the NAIC, as adopted in December 2020.
(j) The commission may adopt rules for filing the annual Page 34 of 45 CODING:
Words stricken are deletions;
words underlined are additions.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 group capital calculation report in accordance with the Insurance Holding Company System Regulatory Act of the NAIC and the Insurance Holding Company System Model Regulation of the NAIC, as adopted in December 2020.
(b) "Scope criteria" means the designated exposure bases along with minimum magnitudes thereof for the specified data Page 36 of 47 CODING:
(b) "Scope criteria" means the designated exposure bases along with minimum magnitudes thereof for the specified data year used to establish a preliminary list of insurers considered scoped into the Liquidity Stress Test Framework, and as amended if the methodology remains substantially consistent, for that data year.
(c) "Scoped" means meeting at least one threshold of the scope criteria and being subject to the requirements of the Liquidity Stress Test Framework.
(2)(a) The ultimate controlling person of every insurer Page 35 of 45 CODING:
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 year used to establish a preliminary list of insurers considered scoped into the Liquidity Stress Test Framework, and as amended if the methodology remains substantially consistent, for that data year.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 subject to registration and also scoped into the Liquidity Stress Test Framework shall annually file the results of a specific year's liquidity stress test on or before April 1.
(c) "Scoped" means meeting at least one threshold of the scope criteria and being subject to the requirements of the Liquidity Stress Test Framework.
(2)(a) The ultimate controlling person of every insurer subject to registration and also scoped into the Liquidity Stress Test Framework shall annually file the results of a specific year's liquidity stress test on or before April 1.
(c) The performance of, and filing of the results from, a specific year's liquidity stress test must comply with the Liquidity Stress Test Framework's instructions and reporting templates for that year and any office determinations, in conjunction with the NAIC Financial Stability Task Force or its Page 37 of 47 CODING:
(c) The performance of, and filing of the results from, a specific year's liquidity stress test must comply with the Liquidity Stress Test Framework's instructions and reporting templates for that year and any office determinations, in conjunction with the NAIC Financial Stability Task Force or its successor, provided within the Liquidity Stress Test Framework.
Words stricken are deletions;
words underlined are additions.
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 successor, provided within the Liquidity Stress Test Framework.
628.8013 Rebuttal of materially false statements.— (1) The group capital calculation report and resulting group capital ratio and the liquidity stress test, as provided in s.
Page 36 of 45 CODING:
Words stricken are deletions;
words underlined are additions.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 628.8013 Rebuttal of materially false statements.— (1) The group capital calculation report and resulting group capital ratio and the liquidity stress test, as provided in s.
(e) Any component derived in the group capital Page 38 of 47 CODING:
(e) Any component derived in the group capital calculation.
(3) If a representation or statement prohibited under subsection (2) is published in a written publication and if the insurer can demonstrate to the office with substantial proof the falsity or inappropriateness, as the case may be, of such representation or statement, the insurer may publish announcements in a written publication if the sole purpose of the announcement is to rebut the materially false representation Page 37 of 45 CODING:
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 calculation.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 or statement.
(3) If a representation or statement prohibited under subsection (2) is published in a written publication and if the insurer can demonstrate to the office with substantial proof the falsity or inappropriateness, as the case may be, of such representation or statement, the insurer may publish announcements in a written publication if the sole purpose of the announcement is to rebut the materially false representation or statement.
(a) All basic organizational documents, and any amendments to such documents, of the applicant dated within the last year Page 39 of 47 CODING:
(a) All basic organizational documents, and any amendments to such documents, of the applicant dated within the last year and appropriately certified.
(b) The bylaws, rules, and regulations or similar documents regulating the conduct of the internal affairs of the applicant, other applicable documents, and all amendments to those documents, dated within the last year and appropriately certified.
(c) A copy of the most recent financial statement of the applicant, verified under oath by at least two of the Page 38 of 45 CODING:
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 and appropriately certified.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 applicant's principal officers.
(b) The bylaws, rules, and regulations or similar documents regulating the conduct of the internal affairs of the applicant, other applicable documents, and all amendments to those documents, dated within the last year and appropriately certified.
(c) A copy of the most recent financial statement of the applicant, verified under oath by at least two of the applicant's principal officers.
Page 40 of 47 CODING:
(a) Is competent and trustworthy and intends to act in good faith in the business authorized by the registration for which the applicant applied.
(b) Has management that has a good business reputation and has had experience, training, or education that qualifies the applicant to conduct the business authorized by the registration for which the applicant applied.
(c) Has a business plan that is consistent with the Page 39 of 45 CODING:
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 (a) Is competent and trustworthy and intends to act in good faith in the business authorized by the registration for which the applicant applied.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 interests of potential insureds and the public.
(b) Has management that has a good business reputation and has had experience, training, or education that qualifies the applicant to conduct the business authorized by the registration for which the applicant applied.
(c) Has a business plan that is consistent with the interests of potential insureds and the public.
(1) Has violated any lawful rule or order of the commission or office or any applicable provision of the Page 41 of 47 CODING:
(1) Has violated any lawful rule or order of the commission or office or any applicable provision of the insurance code.
(2) Has used or is using methods or practices in the conduct of its business which render its further transaction of business in this state hazardous or injurious to insured persons or the public.
(3) Has refused to be examined or to produce its accounts, records, and files for examination, or if any of its officers, or persons in similar positions, have refused to give Page 40 of 45 CODING:
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 insurance code.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 information with respect to its affairs or has refused to perform any other legal obligation as to such examination when required by the office.
(2) Has used or is using methods or practices in the conduct of its business which render its further transaction of business in this state hazardous or injurious to insured persons or the public.
(3) Has refused to be examined or to produce its accounts, records, and files for examination, or if any of its officers, or persons in similar positions, have refused to give information with respect to its affairs or has refused to perform any other legal obligation as to such examination when required by the office.
Page 42 of 47 CODING:
(8) The financial condition or business practices of the attorney in fact otherwise pose an imminent threat to the health, safety, or welfare of the residents of this state.
Words stricken are deletions;
words underlined are additions.
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 (8) The financial condition or business practices of the attorney in fact otherwise pose an imminent threat to the health, safety, or welfare of the residents of this state.
notice.— (1) The suspension or revocation of a registration of an attorney in fact is effected by order of the office when such order is mailed to the attorney in fact by registered or certified mail and sent electronically to the e-mail address maintained by the attorney in fact with the office for such purpose.
notice.— (1) The suspension or revocation of a registration of an Page 41 of 45 CODING:
Words stricken are deletions;
words underlined are additions.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 attorney in fact is effected by order of the office when such order is mailed to the attorney in fact by registered or certified mail and sent electronically to the e-mail address maintained by the attorney in fact with the office for such purpose.
Page 43 of 47 CODING:
(2) Upon expiration of the suspension period, the registration is automatically reinstated as long as the registration has not otherwise terminated, unless the reasons for the suspension have not been remedied.
Words stricken are deletions;
words underlined are additions.
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 (2) Upon expiration of the suspension period, the registration is automatically reinstated as long as the registration has not otherwise terminated, unless the reasons for the suspension have not been remedied.
629.58 Administrative fine in lieu of suspension, revocation, or nonrenewal.— (1) If the office finds that one or more grounds exist for the suspension, revocation, or nonrenewal of the registration of an attorney in fact issued under this chapter, the office may, in lieu of suspension or revocation, impose a fine upon the attorney in fact.
629.58 Administrative fine in lieu of suspension, revocation, or nonrenewal.— Page 42 of 45 CODING:
Words stricken are deletions;
words underlined are additions.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 (1) If the office finds that one or more grounds exist for the suspension, revocation, or nonrenewal of the registration of an attorney in fact issued under this chapter, the office may, in lieu of suspension or revocation, impose a fine upon the attorney in fact.
(4) With respect to a knowing and willful violation of a lawful order or rule of the office or commission or of a Page 44 of 47 CODING:
(4) With respect to a knowing and willful violation of a lawful order or rule of the office or commission or of a provision of this code during a period in which the Governor declared a state of emergency pursuant to s.
Words stricken are deletions;
words underlined are additions.
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 provision of this code during a period in which the Governor declared a state of emergency pursuant to s.
Section 23.
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hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 Section 23.
Section 634.314, Florida Statutes, is amended Page 45 of 47 CODING:
Section 634.314, Florida Statutes, is amended to read:
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words underlined are additions.
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 to read:
An examination conducted pursuant to this section may cover a period of only the most recent 5 years.
An Page 44 of 45 CODING:
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words underlined are additions.
hb1263-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 1263 2026 examination conducted pursuant to this section may cover a period of only the most recent 5 years.
The costs of Page 46 of 47 CODING:
The costs of examinations conducted pursuant to ss.
Words stricken are deletions;
words underlined are additions.
hb1263-02-c2 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/CS/HB 1263 2026 examinations conducted pursuant to ss.
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hb1263-02-c2
hb1263-01-c1
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How this bill changes current law

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AI-generated reading aid from the bill's amendatory text — verify against the official bill.

The bill expands the responsibilities and authority of the Office of Insurance Regulation and updates various requirements for insurance-related entities.

  • 20.121

    responsible for all activities concerning insurers, and other risk bearing entities, and other entities under its jurisdiction, including licensing, rates, policy forms, market conduct, claims, issuance of certificates of authority, solvency, viatical settlements, premium financing, and administrative supervision, as provided under the insurance code or chapter 636. → responsible for all activities concerning entities under its jurisdiction.

    This change clarifies the Office's responsibility to include all entities under its jurisdiction.

  • 501.171

    If a covered entity is subject to the jurisdiction of the Office of Insurance Regulation, the covered entity must copy the office on the notice provided to the department. The covered entity must provide any information listed in paragraph (c) to the office upon its request.

    Covered entities must now notify the Office of Insurance Regulation about security breaches.

  • 624.310

    The Department of Financial Services and the office may issue and deliver cease and desist orders for certain activities; may seek an injunction for enforcement of such order.

    This grants the Department and the Office authority to issue cease and desist orders and seek injunctions.

  • 624.316

    The Financial Services Commission may adopt the Market Conduct Examiners Handbook.

    The provision allowing the Financial Services Commission to adopt the Market Conduct Examiners Handbook has been removed.

  • 624.3161

    The office must examine administrators under certain circumstances.

    This requires the office to conduct examinations of administrators in specified situations.

  • 627.062

    The office must consider certain revised factors in determining if insurance rates are excessive, inadequate, or discriminatory.

    This change updates the factors considered by the office regarding insurance rate evaluations.

  • 627.711

    Certain discount notification forms for personal lines residential property insurance policies must be sent to insureds at the time of policy issuance and renewal.

    Insurers are now required to send discount notifications to insureds during policy issuance and renewal.

  • 628.8011

    Certain persons must file a group capital calculation report annually by a specified date.

    New annual filing requirements have been established for certain insurance holding companies.

Action History

  1. Died in Rules

  2. Received

  3. Referred to Rules

  4. In Messages

  5. CS passed as amended; YEAS 109, NAYS 0

  6. Read 3rd time

  7. Added to Third Reading Calendar

  8. Amendment 670587 adopted

  9. Read 2nd time

  10. 1st Reading (Committee Substitute 2)

  11. Bill added to Special Order Calendar (3/5/2026)

  12. Bill referred to House Calendar

  13. CS Filed

  14. Laid on Table under Rule 7.18(a)

  15. Reported out of Commerce Committee

  16. Favorable with CS by Commerce Committee

  17. Added to Commerce Committee agenda

  18. Now in Commerce Committee

  19. Referred to Commerce Committee

  20. 1st Reading (Committee Substitute 1)

  21. CS Filed

  22. Laid on Table under Rule 7.18(a)

  23. Reported out of Insurance & Banking Subcommittee

  24. Favorable with CS by Insurance & Banking Subcommittee

  25. PCS added to Insurance & Banking Subcommittee agenda

  26. Now in Insurance & Banking Subcommittee

  27. Referred to Commerce Committee

  28. Referred to Insurance & Banking Subcommittee

  29. 1st Reading (Original Filed Version)

  30. Filed

Sponsors

  • Commerce Committee · Primary
  • Insurance & Banking Subcommittee · Cosponsor
  • Linda Chaney · Cosponsor

Sponsorship breakdown

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1 sponsors · 2 co-sponsors · 161 not signed on

Sponsors (1)

  • Commerce Committee

Co-sponsors (2)

Not signed on (161)

161 members have not signed on to this bill.

Show all 161 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Passage Third Reading

Passed 109 Yea · 0 Nay · 8 Other
Party YeaNayPresentNot Voting
Democrat 31003
Republican 74005
Unaffiliated 4000
Total 109008
% of votes cast 93%0%0%7%
How each member voted (117)
Member Party Vote
Gonzalez Pittman — Yea
Smith — Yea
Kincart Jonsson — Yea
Tomkow — Yea
Alvarez, Jose Democrat Yea
Antone, Bruce Hadley Democrat Yea
Aristide, Wallace Democrat Yea
Bartleman, Robin Democrat Yea
Campbell, Daryl Democrat Yea
Chambliss, Kevin D. Democrat Yea
Cross, Lindsay Democrat Yea
Daley, Dan Democrat Yea
Daniels, Kimberly Democrat Yea
Driskell, Fentrice Democrat Yea
Dunkley, Lisa Democrat Yea
Edmonds, Jervonte "Tae" Democrat Not Voting
Eskamani, Dr. Anna V. Democrat Yea
Franklin II, Gallop Democrat Yea
Gantt, Ashley Viola Democrat Yea
Gottlieb, Michael "Mike" Democrat Yea
Harris, Jennifer "Rita" Democrat Yea
Hart-Lowman, Dianne "Ms Dee" Democrat Yea
Hinson, Yvonne Hayes Democrat Yea
Hunschofsky, Christine Democrat Yea
Joseph, Dotie Democrat Not Voting
Long, Rob Democrat Yea
López, Johanna Democrat Yea
Nixon, Angela "Angie" Democrat Yea
Rayner, Michele K. Democrat Yea
Robinson, Felicia Simone Democrat Yea
Robinson, Felicia Simone Democrat Not Voting
Rosenwald, Mitch Democrat Yea
Skidmore, Kelly Democrat Yea
Spencer, Leonard Democrat Yea
Tant, Allison Democrat Yea
Tendrich, Debra Democrat Yea
Woodson, Marie Paule Democrat Yea
Young, RaShon Democrat Yea
Abbott, Shane G. Republican Yea
Albert, Jon Republican Yea
Alvarez, Daniel Antonio "Danny" Republican Yea
Anderson, Adam Republican Yea
Andrade, Robert Alexander "Alex" Republican Yea
Baker, Jessica Republican Yea
Bankson, Douglas Michael "Doug" Republican Yea
Barnaby, Webster Republican Yea
Basabe, Fabián Republican Yea
Benarroch, Yvette Republican Yea
Berfield, Kimberly Republican Yea
Black, Dean Republican Yea
Blanco, Omar Republican Yea
Booth, Erika Republican Yea
Borrero, David Republican Yea
Botana, Adam Republican Yea
Boyles, Nathan Republican Yea
Brackett, Robert A. "Robbie" Republican Yea
Brannan III, Robert Charles "Chuck" Republican Yea
Buchanan, James Republican Yea
Busatta, Demi Republican Yea
Canady, Jennifer Republican Yea
Cassel, Hillary Republican Yea
Chamberlin, Ryan Republican Yea
Chaney, Linda Republican Yea
Cobb, Nan Republican Yea
Conerly, William "Bill" Republican Yea
Duggan, Wyman Republican Yea
Esposito, Tiffany Republican Yea
Fabricio, Tom Republican Yea
Garrison, Sam Republican Yea
Gentry, Richard Republican Yea
Gerwig, Anne Republican Yea
Giallombardo, Mike Republican Yea
Gossett-Seidman, Peggy Republican Yea
Greco, Sam Republican Yea
Griffitts Jr., Philip Wayne "Griff" Republican Not Voting
Grow, J.J. Republican Yea
Hodgers, Brian Republican Yea
Holcomb, Jeff Republican Yea
Jacques, Berny Republican Yea
Johnson, Chad Republican Yea
Kendall, Kim Republican Yea
Koster, Traci Republican Yea
LaMarca, Chip Republican Yea
Maggard, Randall Scott "Randy" Republican Yea
Maney, Patt Republican Yea
McClure, Lawrence Republican Yea
McFarland, Fiona Republican Not Voting
Melo, Lauren Republican Yea
Michael, Kiyan Republican Not Voting
Miller, Monique Republican Yea
Mooney Jr., James Vernon "Jim" Republican Yea
Nix Jr., Danny Republican Yea
Oliver, Vanessa Republican Yea
Overdorf, Tobin Rogers "Toby" Republican Yea
Owen, Michael Republican Yea
Partington, Bill Republican Yea
Perez, Daniel Republican Yea
Persons-Mulicka, Jenna Republican Yea
Plakon, Rachel Saunders Republican Yea
Plasencia, Susan Republican Yea
Porras, Juan Carlos Republican Yea
Redondo, Mike Republican Yea
Rizo, Alex Republican Yea
Salzman, Michelle Republican Not Voting
Sapp, Judson Republican Yea
Shoaf, Jason Republican Yea
Sirois, Tyler I. Republican Yea
Snyder, John Republican Yea
Stark, Paula A. Republican Yea
Steele, Kevin M. Republican Yea
Trabulsy, Dana Republican Yea
Tramont, Chase Republican Yea
Tuck, Kaylee Republican Yea
Valdés, Susan L. Republican Yea
Weinberger, Meg Republican Yea
Yarkosky, Taylor Michael Republican Yea
Yeager, Bradford Troy "Brad" Republican Not Voting

Official roll call →

Subjects

finance health-insurance
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Frequently asked questions

What does HB 1263 do?
Office of Insurance Regulation; Providing that the Office of Insurance Regulation is responsible for all activities concerning entities under its jurisdiction; authorizing the Department of Financial Services and the office to issue and deliver cease and desist orders for certain activities; authorizing the department and the office to seek an injunction for enforcement of such order; removing a provision authorizing the Financial Services Commission to adopt the Market Conduct Examiners Handbook; requiring the Department of Law Enforcement to accept and process fingerprints taken of certain persons; requiring the Department of Law Enforcement and the Federal Bureau of Investigation to conduct certain background checks; authorizing the Department of Law Enforcement to exchange certain records with the office; requiring certain non-United States-based insurance holding company systems to file a group capital calculation report, etc.
Who sponsors HB 1263?
HB 1263 is sponsored by Commerce Committee, Insurance & Banking Subcommittee, and Chaney, Linda (Republican).
What is the current status of HB 1263?
This bill has passed the House. Introduced January 08, 2026. It now moves to the second chamber.
Where can I track HB 1263?
Track HB 1263 free on One Click Politics — get push/email alerts when it moves.

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