TALLAHASSEE With Floridas property insurance system in turmoil, state lawmakers could be poised to take major steps to try to stabilize the market during a special legislative session next week.
Senate President Kathleen Passidomo, R-Naples, and House Speaker Paul Renner, R-Palm Coast, released a formal session proclamation Tuesday that indicated lawmakers will consider a series of hot-button insurance issues.
Those issues include trying to curb costs of lawsuits over insurance claims; boosting the availability of critical reinsurance; limiting a long-controversial practice known as assignment of benefits; and bolstering the financial stability of the state-backed Citizens Property Insurance Corp.
Detailed bills have not been release…
Read the full article at: https://www.tampabay.com/news/florida-politics/2022/12/06/florida-legislators-expected-tackle-several-insurance-issues-special-session/