Florida Lawmakers Optimistic About Possible Property Insurance Rate Reductions

  • by:
  • 06/03/2024
As reported by Florida Daily last week, eight insurance companies have announced their intention to lower their insurance rates, while an additional ten plan to keep rates the same.

A victory lap? Not so, says Stronger Safer Florida. The group, comprised of businesses, consumers, and environmental groups from throughout Florida, says much work remains to be done as Floridians continue to grapple with high rates.

But reforms enacted over the last few sessions by the Florida Legislature and Governor Ron DeSantis have begun positively impacting the state’s property insurance market.

Here’s what some elected lawmakers are saying.
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