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Florida Passes Property Insurance Law During Special Session

Governor Ron DeSantis called for Florida Legislature special session for current property insurance market, reinsurance, building code change legislation to make property insurance, Florida Office of Insurance Regulation, civil remedies, appropriations affordable.

Florida Legislature approves property insurance package

The Florida House of Representatives on Wednesday gave final passage to sweeping property insurance legislation that creates a $2 billion reinsurance fund and rewrites rules on coverage denials and attorney fees, as lawmakers attempt to stabilize rising rates and insurer losses.

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