Insurance bill likely dead


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  • | 11:01 p.m. April 21, 2010
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Senate Bill 876, a measure that would allow property insurers to raise rates without regulatory approval, will not become law.

Sen. Mike Bennett, R-Bradenton has withdrawn his support as the bill's sponsor, acknowledging that Gov. Charlie Crist would likely veto the bill if it passed.

A vote on the bill's companion in the House, HB 447, was postponed as well.

 

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