House Bill 989 Signed by Governor

Governor DeSantis signed several bills into law last week, including House Bill 989, the Chief Financial Officer's general bill.

The measure includes numerous provisions related to matters handled by the CFO, as well as insurance-related issues. Provisions related to surplus lines insurance are as follows:

• Requires timely responses from surplus lines insurers to the Division of Consumer Services.
• Allows general lines agents with a surplus lines license to appoint licenses with a single surplus license agent appointment.

This bill became law on May 2, 2024.