supplemental flood insurance

SB 542 Aims to Encourage Private Flood Insurance Programs

Published on: May 5th, 2014 | Written By: Travis Miller | Insurance

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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