Legislators move quickly on insurance changes in special session - Jacksonville Business Journal

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Legislators move quickly on insurance changes in special session

By Jim Saunders – News Service of FloridaFlorida lawmakers began moving quickly Monday to pass major property-insurance changes, with supporters saying the plan would stabilize the troubled system and critics saying it would hurt consumers. Sen. Danny Burgess, R-Zephyrhills, said lawmakers need to take action as homeowners across the state face large rate increases and struggle to find coverage.

Several speakers during the Banking and Insurance Committee meeting said the bill would limit access to courts for policyholders and create a “David and Goliath” situation that would benefit insurers. “This bill gives Goliath a better helmet, and it hurts me,” said Jonathan Albaugh, whose family has been battling over a claim from Hurricane Michael, which made landfall in 2018 in Mexico Beach and caused massive damage in Northwest Florida.

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