Insurance reform package sails through Legislature — will it fix the crisis?

Governor calls legislation most significant insurance reform in a generation.

Special session to address property insurance leads to reforms that will stabalize the market. (AdobeStock )
Special session to address property insurance leads to reforms that will stabalize the market. (AdobeStock )
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Florida lawmakers stepped up during a special session on property insurance in Tallahassee in late May, agreeing on a legislative package that capped what attorneys can charge and increased consumer protections in an effort to slow ballooning rate increases and stabilize a teetering market.

 

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