News & Updates

SB 408

Property Bill Heads to Governor Scott

Property Bill Heads to Governor Scott

The Florida legislature passed SB 408 on Thursday reflecting an effort to address concerns in the property insurance market. Although in some cases weeks can pass before a bill is formally presented to the Governor for action, that will not be the case with SB 408. The bill has already been presented to Governor Scott […]

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Main Property Bill Addresses Sinkhole Concerns

Main Property Bill Addresses Sinkhole Concerns

The current sinkhole claims crisis was one of the primary property insurance issues in the 2011 session.  Insurers have paid more than $1 billion in sinkhole claims so far according to an Office of Insurance Regulation data call.  Unfortunately, reviews found that up to 3/4 of policyholders filing these claims don’t make repairs. This has […]

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