A bill banning future Florida-only insurer subsidiaries and expanding the scope of coverage by Citizens, the state-created carrier, passed the Florida State Senate yesterday.

Passed by a unanimous vote, the bill, which is opposed by the insurance industry, was sent on to the House. It would also require national insurers with in-place subsidiaries to disclose their overall profits when requesting a rate hike in Florida.

Sam Miller, executive director of the Florida Insurance Council, said the bill could prevent a large national writer from coming to the state to write policies.

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