Sen. Jeff Brandes, R-St. Petersburg, compared conditions in the industry to having “Stage 4 cancer and failing” but that the proposals were like treating “Stage 1 cancer.”
TALLAHASSEE- Florida lawmakers began moving forward Monday with a plan to try to bolster the state's troubled property-insurance market, but homeowners shouldn't expect immediate relief from soaring premiums. Senate Banking and Insurance Chairman Jim Boyd, a Bradenton Republican who is sponsoring the bill, said he would like to see lower costs in the short.
Florida lawmakers began moving forward Monday with a plan to try to bolster the state’s troubled property-insurance market, but homeowners shouldn’t expect immediate relief from soaring premiums.