News & Updates

HB 7073

Legislature Passes Short-Term Premium Tax Relief

Legislature Passes Short-Term Premium Tax Relief

As the 2024 legislative session neared its close, the Florida legislature passed temporary premium tax relief on policies covering residential homestead property as part of House Bill 7073 (HB 7073). The bill will result in savings to consumers as the Florida property insurance market continues to adjust to reforms passed in late 2022 and early […]

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