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What To Expect from New 2023 Property Insurance Legislation in Florida

By February 13, 2023FL Insurance News

Written by Go! Latinos Magazine on golatinos.net

‘State legislators introduce sweeping changes to the property insurance claims process.

Most homeowners in Florida already know that obtaining property insurance has been extremely challenging in recent years. More companies than ever have dropped coverage for property owners or have even closed their businesses altogether.
After Florida legislators convened for a special session on December 12th 2022, Senate bill 2A was passed—which makes changes to the property insurance claims process, regulation of insurance companies, reinsurance, and even more.
The changes come after state lawmakers and officials begin to acknowledge Florida’s property insurance crisis.’

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