Auto, home insurance reform bills fail in Legislature
Consumers hoping the Florida Legislature would agree on bills to slow rate increases for homeowner and auto insurance coverage will have to wait until next year.
The legislative session ended Sunday with two hotly disputed topics unresolved:
How to stop runaway home insurance rate increases stemming from third-party claims assignments and excessive litigation against property insurers.
Whether Florida’s decades-old, no-fault auto insurance system needs to be scrapped and replaced by a requirement that all drivers purchase liability coverage.