Florida H1265 exempts certain proprietary business information from public records requirements to protect insurer competitiveness.

Florida H1265 amends the Florida Statutes to exempt specific proprietary business information from public records requirements. This exemption applies to group capital calculations and liquidity stress test results submitted to the Office of Insurance Regulation. The bill aims to ensure that insurers can provide complete and candid information to regulators without the risk of sensitive information becoming public and harming their competitive position. The exemption is subject to future legislative review and is set to be repealed on October 2, 2031, unless reenacted by the Legislature.

Florida H1265 exempts certain proprietary business information from public records requirements to protect insurer competitiveness.

Florida H1265 amends the Florida Statutes to exempt specific proprietary business information from public records requirements. This exemption applies to group capital calculations and liquidity stress test results submitted to the Office of Insurance Regulation. The bill aims to ensure that insurers can provide complete and candid information to regulators without the risk of sensitive information becoming public and harming their competitive position. The exemption is subject to future legislative review and is set to be repealed on October 2, 2031, unless reenacted by the Legislature.