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Bill

HB 343

Insurance Solutions Advisory Council

2026 Regular Session Introduced by Daryl Campbell and 1 co-sponsor

Florida creates an Insurance Solutions Advisory Council to study market issues and recommend regulatory solutions to address the state's insurance affordability and availability crisis.

Died in Insurance & Banking Subcommittee
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Bill Summary · HB 343

Legislative bill overview

HB 343 establishes an Insurance Solutions Advisory Council in Florida tasked with examining insurance market challenges and recommending policy solutions. The council would comprise appointed members with insurance industry expertise and would provide periodic reports to legislative leadership on market conditions and regulatory recommendations.

Why is this important

Florida's insurance market has experienced significant disruption in recent years, with multiple carrier exits, rate increases, and coverage availability issues affecting homeowners and businesses. Creating an advisory body could inform legislative decision-making on insurance regulation, but the council's actual influence on policy depends heavily on its composition, authority, and whether recommendations are binding or merely advisory.

Potential points of contention

  • Industry influence vs. consumer protection: If the council is dominated by insurance industry representatives, critics may argue it prioritizes carrier interests over affordability and accessibility for consumers
  • Advisory authority limits: The bill's actual power is unclear—whether recommendations are binding, mandatory for consideration, or purely consultative affects its real-world impact
  • Stakeholder representation: Questions about whether homeowners, renters, small businesses, and consumer advocates have adequate voice compared to insurance companies and related industries

Compiled from official sources — confirm details with the bill’s official record.

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