Written by Kane Wells for Reinsurance News.
“Florida’s residential property insurance marketplace has been “redefined” following an “impressive” series of meaningful legislative reforms, suggests rating agency Demotech.
Demotech states that under the leadership of Governor Ron DeSantis, Senate President Kathleen Passidomo, and House Speaker Paul Renner, the calendar year 2022 was a “year to remember” for the policyholders who bear the burdens caused by the disparate level of litigation that once defined Florida’s residential property insurance marketplace.”
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