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SB 506 — OGSR/Florida Insurance Guaranty Association

by Banking and Insurance Committee

This summary is provided for information only and does not represent the opinion of any Senator, Senate Officer, or Senate Office.

Prepared by: Banking and Insurance Committee (BI)

The bill is the result of an Open Government Sunset Review (OGSR) by the Banking and Insurance Committee of a public records exemption for certain information held by the Florida Insurance Guaranty Association (FIGA). The FIGA provides a mechanism for the payment of claims of insolvent property and casualty insurance companies in Florida.

Current law provides that the following records are confidential and exempt, with prescribed limitations: 

  • Claim files;
  • Medical records that are part of a claims file and other medical information relating to the claimant; and
  • Information relating to matters covered by privileged attorney-client communications.

If approved by the Governor, these provisions take effect October 1, 2014.

Vote: Senate 38-0; House 111-0