Legislature passes property insurance reforms to address hobbled system

Florida’s Legislature approved measures to cut down on lawsuits and shore up Citizen Property Insurance Corp.

Florida’s Legislature approved measures to cut down on lawsuits and shore up Citizen Property Insurance Corp. (File photo)
Florida’s Legislature approved measures to cut down on lawsuits and shore up Citizen Property Insurance Corp. (File photo)
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Florida legislators passed an insurance reform bill Wednesday that eliminates a controversial fee payment system for attorneys and speeds up the time insurers need to respond to claims, but, critics say, the changes do not do enough to lower rates for homeowners.

 

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