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sinkholes

Legislative Session Kicks Off With a Full Property Insurance Agenda

Legislative Session Kicks Off With a Full Property Insurance Agenda

The 2011 legislative gets underway with several property insurance bills on its agenda.   Both the Senate and the House of Representatives have major property insurance bills on file that include numerous revisions to the property insurance laws, and in particular to laws governing residential property insurance. Perhaps the biggest issue of the 2011 session will […]

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Senate Committee Releases Sinkhole Report

Senate Committee Releases Sinkhole Report

The Senate Committee on Banking and Insurance has issued Interim Report 2011-104, Issues Relating to Sinkhole Insurance, discussing concerns with sinkhole coverage in Florida’s property insurance market.  The report summarizes the increased frequency and severity of property insurance claims for sinkhole losses over the years.  The report cites the high costs of investigating claims and […]

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