Florida Bills Limit Roof Refusal by Insurers, Add New Fund

Florida insurance crisis

Florida lawmakers’ proposed legislation for an upcoming special session to reform the state’s property insurance market would establish a $2 billion reinsurance fund and prohibit insurers from automatically denying coverage to homeowners with older roofs. Four bills introduced late Friday in the state House and Senate would establish a new fund from which insurers could… Continue reading Florida Bills Limit Roof Refusal by Insurers, Add New Fund