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SB 408

Governor Scott Signs SB 408

Governor Scott Signs SB 408

Governor Rick Scott has signed SB 408 into law, giving effect to the series of property insurance reforms passed by the legislature in this session. Summaries of SB 408 can be found in our latest Florida Insurance Report available on this site. Insurance Commissioner Kevin McCarty issued a statement commending the Governor for his leadership […]

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A Look at SB 408’s Reinsurance Cost Recovery

A Look at SB 408’s Reinsurance Cost Recovery

In the property insurance arena, the legislative process is a delicate balancing act as the House and Senate attempt to make adjustments that will lead to insurance coverage that is both available and affordable while also ensuring that consumers are protected.  SB 408, which recently passed in the legislature and is awaiting action by Governor […]

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