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Florida Bills Would Let Surplus Lines Do Takeouts, Would Require More Data Reporting

Florida Senate bill could spell big changes for state s insurer of last resort

Florida lawmakers call for property insurance reform

HB 1213 proposes opening Citizens Property Insurance to everyone in Florida and moving away from being the “Insurer of Last Resort.” It would trigger a complete remodel of Citizens Property Insurance. According to the bill, the state-backed insurer would only offer hurricane-related wind coverage, and private carriers would be left to cover the rest of your home insurance coverage.

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