Dec 14, 2022
Supporters of the 105-page bill said the changes are needed to stabilize the insurance market, which Sen. Doug Broxson, R-Gulf Breeze, likened to being in a “death march.” Republican leaders have acknowledged the bill likely would not lead to immediate rate reductions for homeowners. But they say it is designed, at least in part, to draw investments in the insurance market and spur competition.
Boyd, who is sponsoring the bill, said litigation-related changes would help stabilize rates and bring more insurers to the state.Democrats, however, argued the changes would take away legal rights and force homeowners to pay attorney fees out of whatever money they might receive in lawsuits. Polsky pointed to other issues that have created insurance problems, such as hurricanes and building on the coast.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
4 reasons Jacksonville, Florida, is a hot market for real estate investing - Jacksonville Business JournalJacksonville is home to the perfect combination of low home prices, high rental rates and high-property appreciation-making investing so that’s what makes it so appealing.
La source: JaxBizJournal - 🏆 599. / 51 Lire la suite »
Jacksonville-area homebuilding retreats after hitting 'unsustainable' pace - Jacksonville Business Journal2022 wasn't quite as busy for builders as 2021 due in large part to interest rate increases.
La source: JaxBizJournal - 🏆 599. / 51 Lire la suite »
Jacksonville-area homebuilding retreats after hitting 'unsustainable' pace - Jacksonville Business Journal2022 wasn't quite as busy for builders as 2021 due in large part to interest rate increases.
La source: JaxBizJournal - 🏆 599. / 51 Lire la suite »
Florida Attorney General aims to shutter Gold Standard Moving and Storage - Jacksonville Business JournalState officials say companies scammed hundreds of Floridians.
La source: JaxBizJournal - 🏆 599. / 51 Lire la suite »
Site for Home Again St. Johns approved by county - Jacksonville Business JournalThe organization, which provides services for the homeless and others in need, will have its headquarters on S.R. 16.
La source: JaxBizJournal - 🏆 599. / 51 Lire la suite »
FTX founder Sam Bankman-Fried arrested in Bahamas after U.S. files criminal charges - Jacksonville Business JournalHis arrest comes barely a month after the crypto exchange filed for bankruptcy.
La source: JaxBizJournal - 🏆 599. / 51 Lire la suite »