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Report: property insurance changes will bring relief, but it will also take time

Report: property insurance changes will bring relief, but it will also take time

by Jim Saunders - News Service of Florida | Dec 22, 2022

Last week’s changes to Florida law will provided “much needed relief” but the relief won’t be immediate. AM Best released a report this week analyzing the impact of the changes to Florida’s property insurance industry The report lauded...
Altmaier steps down as Florida Insurance Commissioner

Altmaier steps down as Florida Insurance Commissioner

by Jim Saunders and Jim Turner | Dec 16, 2022

Florida’s Insurance Commissioner, David Altmaier, will step down on December 28 Altmaier joins a list of other DeSantis Administration officials who have announced their departures Altmaier presided over Florida’s insurance industry since 2017.  No...
Vote now: What was the most important Florida news story of 2022?

Vote now: What was the most important Florida news story of 2022?

by Brian Burgess | Dec 15, 2022

With just over two weeks left before we ring a new year, The Capitolist’s newsroom is already planning on a look back at the year that was 2022. But we want to hear from you, our readers, on what you think was the most important news story of the last 12...
Florida Disaster Fund has raised over $60 million for hurricane relief

Florida Disaster Fund has raised over $60 million for hurricane relief

by Jordan Kirkland | Dec 14, 2022

Since being activated during Hurricane Ian, the Florida Disaster Fund has raised over $60 million to help Floridians recover The Florida Disaster Fund is the state’s private fund overseen by Volunteer Florida established to provide financial assistance to our...
Florida Senate passes property insurance reform. Next stop: Florida House

Florida Senate passes property insurance reform. Next stop: Florida House

by Jim Saunders - News Service of Florida | Dec 14, 2022

State senators vote 27-13 on a 105-page bill to overhaul the state’s property insurance system Two Republicans voted against the measure, while one Democrat voted for it The Senate’s version is expected to pass the House on Wednesday and go to Gov. Ron...
Lawmakers grapple with property insurance overhauls

Lawmakers grapple with property insurance overhauls

by Jim Saunders - News Service of Florida | Dec 13, 2022

On the opening day of a special session to address property insurance woes, lawmakers sought to reduce litigation costs One-way attorney fees and a provision called “assignment of benefits” could be largely eliminated Democrats and trial lawyers argued...
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