Florida lawmakers seek insurance accountability 2025

Republican Sen. Don Gaetz and Rep. Alex Andrade sponsored the bills, which would mandate that the Florida Office of Insurance Regulation (OIR) publish annual reports detailing insurers’ related entities and executive compensation, including salaries, benefits, and bonuses. These reports would be available online and submitted to state legislative leaders, with the information exempt from trade secret protections, allowing regulators to use it for financial assessments and rate-setting.