A quick post to link to an Central Florida Political Pulse post: Floridians will pay an extra $1 on top of every $100 of insurance premium for an additional two years under a plan approved Tuesday by Gov. Charlie Crist … Continue reading
Okay. So in January the Republican Legislature passed “property insurance reform.” In June, the Republican Legislature passed “property tax reform.” After all, these were important campaign issues. Something had to be done. Floridians are going broke. They can’t afford their … Continue reading
Last week, we previewed the special session with a list of issues contained in the House and Senate bills. Today, the Legislature will vote to approve the final version of the measure. Here are some of the various provisions contained … Continue reading
Various media reports today are indicating that the House and Senate have reached a deal on fixes to the property insurance crisis. It appears that all sides are getting what they want. The Senate wanted a super-reinsurance fund and allowing … Continue reading
Members of the conference committees have managed to make some progress on the differences between the House and Senate positions. House and Senate members signed off on a measure aimed at preventing insurance companies from “cherry-picking,” or refusing to sell … Continue reading
The Associated Press has a good list of major differences between the House and Senate bills: Homeowners could opt out of windstorm coverage (S) Homeowners could opt for higher deductibles (S) Homeowners could opt for covering only the amount of … Continue reading
This morning, I posted a quick session review and explanation of the conference committee process. Two things: First, I was wrong about the bills. Instead of the House passing an amended Senate bill, the Senate amended the House bills and … Continue reading
Yesterday, the Florida Senate passed Senate Bill 4-A, it’s version of solutions to the property insurance crisis, while the House passed its version in House Bills 1-A, 3-A, 5-A, 7-A, and 9-A. These bills contain some differences, as noted by … Continue reading
This afternoon, the 160 members of the Florida Legislature will convene in a special session to debate ideas designed to bolster the insurance market and bring down rates. Here are some of the various provisions contained within the legislation in … Continue reading
Today is the holiday observing Martin Luther King, Jr’s birthday, so the Legislature is not in session. Tomorrow, the Florida Legislature will begin their special session to find solutions to Florida’s property insurance crisis. The tentative schedule for both the … Continue reading
