Criminal Activity of Insurance Professionals

2026 Regular Session Introduced by Keith Truenow

The bill would strengthen enforcement and licensing controls to deter and punish criminal activity by insurance professionals and govern related disciplinary actions.

Died in Criminal Justice

#insurance

Summary of SB 1306 (2026) – Florida: Criminal Activity of Insurance Professionals

Purpose and intent

SB 1306 aims to address criminal activity involving individuals who work as, or with, insurance professionals. While the specific text is not provided here, the bill’s title and tracking indicate a focus on defining, identifying, and mitigating criminal conduct within the insurance profession, potentially including licensee misconduct, fraud, theft, bribery, or other unlawful actions by insurance agents, brokers, adjusters, or related personnel.

Key provisions and changes (as typically associated with this topic)

Enforcement and accountability: The bill is expected to establish or strengthen enforcement mechanisms to deter and punish criminal activity linked to insurance professionals. This may involve enhanced penalties, reporting requirements, or expanded investigative authority for relevant state agencies.

Licensing and discipline: Provisions may address licensing standards, professional conduct requirements, mandatory disclosures of criminal convictions, or grounds for suspension/revocation of licenses for insurance professionals who engage in criminal activity.

Oversight and coordination: The bill could require coordination between criminal justice agencies, insurance regulators, and possibly the state Department of Financial Services to identify, investigate, and prosecute misconduct.

Penalties and sanctions: Potentially higher penalties for crimes tied to insurance activity (e.g., fraud, theft, money laundering) or for violations of licensing statutes, designed to deter offenders and protect consumers.

Compliance reporting: The bill might mandate periodic reporting on enforcement actions, disciplinary cases, and outcomes to provide transparency and oversight.

Who would be affected

Insurance licensees and professionals: Agents, brokers, adjusters, consultants, and any individuals holding or applying for insurance licenses may be subject to enhanced rules, disclosures, or disciplinary processes.

Insurance regulators and state agencies: Entities such as the Department of Financial Services or equivalent regulatory bodies would implement, enforce, and monitor provisions.

Consumers: Policyholders and claimants could benefit from strengthened protections against fraud and misconduct by licensed professionals.

Law enforcement and judiciary: Prosecutors, judges, and investigative agencies would handle cases arising under the new or amended statutes.

Procedural and timeline aspects

Filing and committee referrals: SB 1306 was filed on January 7, 2026, and referred to Criminal Justice, Banking and Insurance, and Appropriations committees, indicating consideration across criminal justice, financial regulation, and budget/appropriation perspectives.

Committee progress: The action history shows the bill progressed to the Criminal Justice committee but "Died in Criminal Justice" as of March 13, 2026, suggesting the bill did not advance to enactment in the 2026 session.

Legislative status: Given its death in committee, the bill would not have become law in its current form during the 2026 session unless reintroduced or carried over in a subsequent session.

Notes

Sponsor: Co-sponsor Keith Truenow.

Because a complete text is not provided here, the summary focuses on typical regulatory features associated with “Criminal Activity of Insurance Professionals.” If the full bill text becomes available, a more precise enumeration of sections, definitions, specific offenses, penalties, and effective dates can be provided.