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Florida Hurricane Catastrophe Fund

SB 542 Aims to Encourage Private Flood Insurance Programs

SB 542 Aims to Encourage Private Flood Insurance Programs

The Florida legislature adopted SB 542 intended to encourage admitted market insurers to write personal residential flood insurance programs.  If approved by the Governor, the bill will make changes to Florida’s rating law and modeling review process to facilitate private flood products. Section 627.062, Florida Statutes, lists factors to be considered by the Office of […]

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New Year to Bring Continued Discussion of Property Issues

New Year to Bring Continued Discussion of Property Issues

The beginning of a new year always brings with it an acceleration of Florida’s consideration of key public policy issues affecting the insurance industry.  Activity in Tallahassee slows down in the second half of December, soon followed by the realization that the next legislation will be here quickly.  For the property insurance industry, this means […]

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