Advertisements

Florida lawmakers focus on insurance rates in November special session

by Celia

As well as discussing the recent Hamas attack on Israel, lawmakers will also address hurricane recovery and resilience during a special legislative session in November.

Florida’s Chief Financial Officer, Jimmy Patronis, says part of the focus will be on a programme to help property owners save money on insurance by strengthening their homes.

Advertisements

“I’d like to get rid of the backlog and if we’re able to add a little bit more to get us through the regular session,” Patronis said after Tuesday’s meeting of the Capitol Tiger Bay Club in Tallahassee.

Advertisements
Advertisements

“As long as we continue to have a healthy, robust bottom line of revenue in the state, I see the Legislature considering even making this a recurring program.”

The My Safe Florida Home programme was revived during last year’s special session. According to Patronis, the state has put more than $200 million into it to provide Florida homeowners with grants to buy stronger, wind-resistant windows and have their homes inspected in hopes of lowering insurance premiums.

Right now, there’s a waiting list for homeowners to get into the programme. That’s something the legislature is hoping to address. The special session is scheduled for 6-9 November.

Advertisements

You may also like

blank

Bedgut is a comprehensive insurance portal. The main columns include commercial insurance, auto insurance, health insurance, home insurance, travel insurance, other insurance, insurance knowledge, insurance news, etc.

[Contact us: [email protected]]

© 2023 Copyright  bedgut.com