CS/SB 888: Consumer Transparency for Homeowners’ Insurance

GENERAL BILL by Banking and Insurance, Avila

Consumer Transparency for Homeowners’ Insurance; Requiring that certain rate filings with the Office of Insurance Regulation from residential property insurers include rate transparency reports; requiring insurers to provide such reports to consumers; requiring the office to establish and maintain a comprehensive resource center on its website; specifying that certain information is not a trade secret and is not subject to certain public records exemptions, etc.

Current Bill Version Posted: 3/26/2025 09:25 AM

• Senate Committee References (3)

  1. Banking and Insurance (BI)
  2. Appropriations Committee on Agriculture, Environment, and General Government (AEG)
  3. Fiscal Policy (FP)

• Related Bills (4)

  Bill Number Subject Filed By Last Action and Location	Relationship Learn more about bill relationships
  H 763 by Benarroch Consumer Guide to Homeowner's Insurance Last Action: 5/3/2025 H Indefinitely postponed and withdrawn from consideration	Compare
  H 1141 by Fabricio Insurance Regulations Last Action: 2/26/2025 H Withdrawn prior to introduction	Compare
  H 1429 by Fabricio Insurance Regulations Last Action: 5/3/2025 H Indefinitely postponed and withdrawn from consideration	Compare
  S 1656 (c1) by Collins Insurance Regulations Last Action: 5/3/2025 S Indefinitely postponed and withdrawn from consideration	Compare

• Citations - Statute (1)

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  627.0621

  Transparency in rate regulation.

  Page 1 [pdf]

• Bill History

  S = Senate, H = House

  2/19/2025	S	• Filed
  2/28/2025	S	• Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy
  3/4/2025	S	• Introduced
  3/20/2025	S	• On Committee agenda-- Banking and Insurance, 03/25/25, 8:30 am, 412 Knott Building
  3/25/2025	S	• CS by Banking and Insurance; YEAS 9 NAYS 0
  3/26/2025	S	• Pending reference review under Rule 4.7(2) - (Committee Substitute) • Now in Appropriations Committee on Agriculture, Environment, and General Government • CS by Banking and Insurance read 1st time
  5/3/2025	S	• Indefinitely postponed and withdrawn from consideration