Significant Changes May Come With Florida’s Special Session On Property Insurance

Florida legislators have a crisis to tackle this week as they convene for a special session in an attempt to fix the state’s homeowners insurance problems.

‘If most of these things get done,’ said Ron Assise, CIC, CPRM. ‘This will be the most significant legislative session in over a decade.’ Assise is an insurance broker and senior vice president at The Horton Group.

There are currently two identical bills proposed in the state house and senate, aimed at fixing issues impacting insurance companies and their customers. The proposals are the same, which Assise said gives him hope.

Here’s a breakdown of what legislators hope to address in the upcoming session.

‘Even though we just went through the costliest hurricane on record,’ Assise explained. ‘It’s generally not about weather. It’s about litigation.’