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Lawmakers aim to hold insurers feet to fire with new reforms

Property insurers would face increased scrutiny and higher fines under bills unanimously passed by the Florida House and Senate that now await the governor's signature. Created after reports surfaced of insurers reducing adjusters' loss estimates after Hurricane Ian, the measures are also meant to address criticism that recent reforms were weighed too heavily in favor of insurance companies.

Lawmakers aim to hold insurers feet to fire with new reforms

Property insurers would face increased scrutiny and higher fines under bills unanimously passed by the Florida House and Senate that now await the governor's signature. Created after reports surfaced of insurers reducing adjusters' loss estimates after Hurricane Ian, the measures are also meant to address criticism that recent reforms were weighed too heavily in favor of insurance companies.

Only 3 Insurers Sign Up for Florida Re Plan, and Hopes for a New Plan Are Fading Fast

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