Insurance tax breaks get backing

Insurance tax breaks get backing

The Senate and House tax proposals in Florida aim to aid homeowners with insurance costs, differ on commercial-lease tax reduction, and include sales-tax holidays, with total tax cuts projected to be less than the previous fiscal year’s $1.3 billion. A tax...
Senators back raising Citizens coverage cap

Senators back raising Citizens coverage cap

A Florida Senate panel endorsed a bill to allow homes valued between $700,000 and $1 million to be insured by the state-run Citizens Property Insurance Corp. if private coverage is unavailable, amidst concerns of the bill’s progress in the House. A Florida...