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Roger Desjadon, 84, of Vergennes - Addison Independent

Roger Desjadon, 84, of Vergennes - Addison Independent
addisonindependent.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from addisonindependent.com Daily Mail and Mail on Sunday newspapers.

What Stakeholders Are Saying About the Florida Insurance Market

What Stakeholders Are Saying About the Florida Insurance Market March 11, 2021 Florida stakeholders are pushing hard for the Florida Legislature to enact property insurance reforms this year to help the state address what has been deemed a market crisis. Read on for what everyone from the state’s insurance consumer advocate, to the insurance regulator, to realtors and agents, are saying about the current state of the Florida insurance market. “Affordability has been and continues to be a real issue in our state for both auto and property and we’ve seen a pretty strong trend over the past year of insurance companies having to file for rate increases. All sectors of Florida’s business economy are paying property insurance, so it affects all consumers, both the individual homeowner like me or the business that has property insurance on their company’s buildings. It impacts all of us.”

Desperate Times: Stakeholders Urge Florida Lawmakers to Enact Insurance Reform

‘Desperate’ Times: Stakeholders Urge Florida Lawmakers to Enact Insurance Reform It’s the start of another Florida Legislative Session with a familiar theme insurers pushing for reforms they say are needed to help the state’s distressed insurance market. Only this year the need is more urgent than ever, according to industry experts and stakeholders, as consumers face unprecedent rate increases and constrictions in coverage availability. “We’re advocating that the legislature take a good look at some of the issues that are plaguing the Florida property insurance market right now to see if we can make some reforms to stabilize not only the performance of the carriers, but also the impact that has on the consumers,” said Florida Insurance Commissioner David Altmaier in an interview with Insurance Journal. “One of the major if not the major focal point for our office … is working on this very challenging time.”

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