Second property insurance session looms, ‘system reform’ promised
2022 special session, Hurricane Ian, Florida Legislature, property insurance, homeowners, Governor Ron DeSantis
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2022 special session
Lawsuits Continue to Plague Property Market
The Florida property insurance market continues to experience reduced availability and increasing prices due to extraordinary litigation levels. Widely-discussed sources show that Florida has nearly 80% of the nation’s property insurance litigation despite having less than ten percent of the countrywide claims. Stated differently, Florida had about 100,000 lawsuits last year, which vastly outpaced the […]