The Florida Senate

¹215.557  Reports of insured values.--The reports of insured values under covered policies by zip code submitted to the State Board of Administration pursuant to s. 215.555, as created by s. 1, ch. 93-409, Laws of Florida, or similar legislation, are confidential and exempt from the provisions of s. 119.07(1) and s. 24(a), Art. I of the State Constitution.

History.--s. 1, ch. 93-413; s. 71, ch. 96-406.

¹Note.--Section 2, ch. 93-413, provides that "[t]he Legislature finds and declares a public necessity in making confidential and exempting from the public records law the reports of insured values under covered policies by zip code submitted by insurers to the State Board of Administration pursuant to s. 215.555, Florida Statutes, in order that proprietary and trade secret information regarding insurers be protected. The Legislature finds that revealing such information could substantially harm insurers in the marketplace and give competitors an unfair economic advantage. The Legislature finds there is little or no public benefit to be derived from access to such information. The Legislature finds that the direct economic harm to insurers in providing public access to such information substantially outweighs any public benefit which might be derived from such access."