Time Running Out In Florida Legislature For Insurance Reform

Once again, the end of Florida’s spring legislative session is drawing near and the property insurance industry is starting to worry that chances to enact reforms to stem financial losses are slipping away. Three bills that address the so called "assignment of benefits" problem appear stalled with none currently scheduled for debate by a committee or subcommittee. However, there’s still time to move any or all of the bills as April 25 is the last day for scheduled committee meetings, and legislators can move quickly on bills they want to pass.