FL| Florida Chapter 2026-150 (CS/CS/SB 1028), signed by the Governor and effective June 16, 2026, overhauls the Citizens Property Insurance Corporation clearinghouse program to push commercial risks into the private and surplus lines markets. It expands the existing personal lines clearinghouse framework into three distinct clearinghouses—a personal lines clearinghouse, a commercial lines clearinghouse for authorized (admitted) insurance, and a brand-new commercial lines clearinghouse for surplus lines insurance—each with its own administrator that Citizens must select within 90 days.
By January 1, 2027, all new and renewing commercial residential and nonresidential applications must first route through the admitted clearinghouse and then, if no qualifying admitted offer is made, through the surplus lines clearinghouse before Citizens may quote or bind. The law makes applicants ineligible for Citizens coverage when an admitted insurer offers comparable coverage at or below the eligibility threshold, or when an approved surplus lines insurer offers comparable coverage priced no more than 15% above Citizens’ total cost of coverage. It also protects agents’ ownership of expirations, sets commission floors tied to Citizens’ January 1, 2026 rates, removes appointment requirements for program-only business, and requires the Office of Insurance Regulation to review and approve the program annually by final order.
Click here to see Florida Surplus Lines Service Office (FSLSO) 6/19/2026 Notice
Click here to see SB 1028 (Ch. 2026-150)
Click here to see Summary of FL SB 1028 (Ch. 2026-150)-with breakdown for Insuers, Brokers, and Agents –for informational purposes only; not legal advice.