Gov. Ron DeSantis celebrated a string of victories Friday as his fellow Republican lawmakers delivered on nearly all of his agenda. Now, he could be required to rack up some wins in court to keep them.
“I do believe it will help the market kind of rebuild itself,” Boyd, the bill sponsor, said.
The bill, however, drew criticism from some lawmakers who said it went too far and others who said it didn’t go far enough. Sen. Annette Taddeo, D-Miami, complained about the prospect of increased rate hikes for Citizens customers.
“There is no sugar-coating this,” Taddeo said. “It literally is going to raise the rates.”
But Sen. Jeff Brandes, R-St. Petersburg, said the bill will not fix financial problems in the insurance market.
“We are on an unsustainable trajectory,” Brandes said. “This bill is 40 percent of what it needed to be.”
Sunburn â The morning read of whatâs hot in Florida politics â 4.22.21
Don t miss your first look at stories driving today s agenda in Florida politics.
If it’s time for a pickle pizza, that must mean it’s time for the Florida State Fair.
Yes, that 11-day celebration of crafts, displays, agriculture exhibits, thrill rides, and really weird food begins today at the state fairgrounds in Tampa.
Normally by now, the Fair would be long gone, but as we all know, there is nothing normal about this time. Originally scheduled to open on Feb. 11, organizers deferred to COVID-19 and moved the Fair back more than two months.
Florida regulators scale back rate increases sought by Citizens insurance
Jim Saunders
TALLAHASSEE Regulators have scaled back rate increases sought by Citizens Property Insurance Corp., dealing a blow to leaders of the state-backed insurer who argue it needs to charge more for coverage.
The Florida Office of Insurance Regulation released details Tuesday of rate increases that will take effect Aug. 1, including decisions that reduced amounts sought by Citizens.
As an example, Citizens requested an average 6.2 percent increase for homeowners’ multi-peril policies the most common type of policies but regulators approved a 3.2 percent increase.
Regulators also rejected a series of moves that Citizens proposed to boost rates. Perhaps the most far-reaching decision involved a proposal by Citizens to charge actuarially sound rates for new customers a move that would have effectively led to many new customers paying more than current customers.
Sunburn â The morning read of whatâs hot in Florida politics â 4.21.21
Guilty.
Guilty.
Derrick Chauvin murdered
George Floyd, the hammer of justice sounded loudly on all three counts he faced.
The video of Chauvin’s neck on Floyd’s neck for more than nine minutes was damning enough. There was more, though. Throughout the ordeal, the smug, superior expression on Chauvin’s face told volumes about the disregard he had for Floyd’s life.
Guilty. Guilty. Guilty. Image via AP.
This wasn’t a routine arrest over Floyd’s passing of a counterfeit $20 bill. Chauvin’s action that day was racism at its diabolical worst.