Property Insurance Bills on Surplus Lines, Citizens, Regulations Head to House Floor
Published on February 22, 2024 • Florida Politics
Three bills dealing with property insurance are headed to the House floor after passing through the House Commerce Committee.
The bills are designed to allow unregulated companies to take over policies from state-run Citizens Property Insurance Corp., extend the time for insurers to continue covering a home after a hurricane has damaged it, and increase reporting requirements by insurers to state regulators.