Florida lawmakers set to meet on ailing insurance market

  • 📰 AP
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

TALLAHASSEE, Fla. (AP) — The Florida Legislature will meet next week for a special session on property insurance and property tax relief in the wake of damage caused by Hurricane Ian, officials announced Tuesday.

The leaders of the Florida House and Senate issued the proclamation convening the Legislature from Dec. 12 to 16., providing tax or other financial relief related to damage from Hurricanes Ian and Nicole, and creating a toll credit program for frequent Florida commuters.

The session comes as Florida’s property insurance market has dealt with billions of dollars in losses, rising prices for consumers and insurer insolvencies, even before the powerfulNext week’s special session will be the second time the Florida Legislature met this year to address issues in the property insurance market.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

So, Florida turning to Federal government hand outs? East, won’t insure homes can’t insure cars. Your move.

that's one reason why I would never live there

70% of losses are roofs. Like windows, must require metal roofs to avoid costs

Insurance companies always make a profit There is never a need to help them

People can believe in climate change or not. Doesn't matter. Insurers are calling the shots. It's inevitable that at some point in time, zones are gonna become uninsurable against certain risks. You'll start seeing mass domestic migration. That's when the shit will hit the fan.

Remove the lobbyist and you’ll solve a lot of the problems. No more corporate bailouts either, on any level.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 728. in CA

Canada Canada Latest News, Canada Canada Headlines