Florida lawmakers began moving forward Monday with a plan to try to bolster the state’s troubled property-insurance market, but homeowners shouldn’t expect immediate relief from soaring premiums. The Senate Appropriations Committee approved the plan (SB 2-D) on the first day of a special legislative session called by Gov. Ron DeSantis, as property insurers drop tens of thousands of customers and seek large rate increases.
Florida lawmakers began moving forward Monday with a plan to try to bolster the state’s troubled property-insurance market, but homeowners shouldn’t expect immediate relief from soaring premiums. The Senate Appropriations Committee approved the plan (SB 2-D) on the first day of a special legislative session called by Gov. Ron DeSantis, as property insurers drop tens of thousands of customers and seek large rate increases.