May 27, 2022 •
Florida Special Session Adjourns
Florida state legislators concluded a five-day special session after passing two bills addressing insurance rates.
The first bill helps insurers with their risk portfolio by creating reinsurance to assist policyholders.
The second requires condominiums to have thorough inspections and includes an entire section about roofing systems.
Legislatures felt the pressure of addressing these issues as soon as possible because of the continuous increase in insurance rates and because hurricane season is expected to begin on June 1.
State and Federal Communications, Inc. provides research and consulting services for government relations professionals on lobbying laws, procurement lobbying laws, political contribution laws in the United States and Canada. Learn more by visiting stateandfed.com.