Florida Legislators To Focus On Roof Claims, Litigation And Reinsurance During Special Session (WUSF )

Florida Legislators To Focus On Roof Claims, Litigation And Reinsurance During Special Session

  Monday, May 23rd, 2022 Source: WUSF

Heading into a special session to address the state’s troubled property-insurance market, legislative leaders said late Friday they will focus on issues such as roof-damage claims, litigation and reinsurance.

The House and Senate released outlines of bills for the session, which Gov. Ron DeSantis called after lawmakers could not reach agreement on insurance changes during this year’s regular session.

‘I believe the legislation I will file for your consideration during the special session will address the many issues leading to the instability of the current property insurance market in our state,’ Senate Banking and Insurance Chairman Jim Boyd, R-Bradenton, wrote in a memo to senators.

‘The proposal balances fair costs and protections for consumers while adding reasonable guardrails for insurance companies against the frivolous litigation and fraudulent claims that drive up rates for everyone.’

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