SB 1575: INSURANCE; CONDOMINIUMS; RATES; SURPLUS LINES INSURANCE; ADMITTED INSURERS
- Session Year: 2025-2026
- House: Senate
- Latest Version Date: 2025-02-26
Current Status:
In Progress
(2025-12-08: Carried over to 2026 Regular Session.)
Introduced
In Committee
First Chamber
In Committee
Second Chamber
Final Decking
Enacted
Version:
Allows authorized insurers in the State to offer building and hurricane damage insurance for condominium buildings at a lesser rate than the building's prior surplus lines insurance policy for the same coverage. Effective 7/1/2050. (SD1)
Discussed in Hearing
1MINFeb 14, 2025