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.
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.
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The Louisiana Legislature will convene a week from today for a seven-day special session on the state’s homeowner’s insurance crisis. Its overriding goal is to rein in policy premiums that have soared after back-to-back catastrophic hurricane seasons, but lawmakers say more needs to be done than what can happen within the narrow scope of the weeklong session.
What Can the Legislature Do to Solve Insurance Crisis? bizneworleans.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizneworleans.com Daily Mail and Mail on Sunday newspapers.