DeSantis OK with special session
DeSantis, appearing Monday in
“If they can get an agreement, they should do it,” DeSantis replied when asked about calling a special session on either topic.
“I’m confident we’re going to see something along those lines at some point within the next year, whether it’s soon, whether it’s closer to the (election), I don’t know,” DeSantis said. “I think that they realize that that’ll be something that we can do. So, I’m ready. I’ve got a pen ready. And so, if they do it, we’ll be very receptive to that.”
Lawmakers might be forced to return to
But legislative leaders have not signaled they will call a special session on the property insurance and condominium issues. The governor also has power to call special sessions.
Asked about DeSantis’ comments Monday,
Simpson, R-
“Last year, we passed a really good insurance bill, property insurance bill. Part of it is still working through the court system, I believe, but it’s starting to work,” Simpson told reporters. “We were disappointed we couldn’t get more done this year, but that’s part of the process. So, we decided it’d be better to wait for the next Legislature to take that issue up.”
House Speaker
“What I would also ask people to remember is that we just passed an incredibly significant reform last session,” Sprowls told reporters. “It did things like amend the attorney fee statute for the first time, I think, in 100 years.”
Last year lawmakers approved a series of changes that included a new formula to limit fees of attorneys who represent homeowners in lawsuits against insurers and a reduction from three years to two years the time to file claims. They also passed a proposal aimed at preventing roofing contractors from advertising to spur homeowners to file insurance claims, though a federal court has blocked that part of the law on free-speech grounds.
“You know, everybody in the insurance (industry) that you talk to always says reforms take 18 months,” Sprowls said. “We’re not six months into that. So, it’s frustrating for me as a homeowner. It’s frustrating for a lot of people. But I want to make sure that we’re making the right reforms that are going to have an impact on the marketplace and don’t inadvertently have an adverse impact.”
The 2021 law also allows larger rate increases for customers of the state-backed
As of
Lawmakers also considered bills during the regular session to place increased requirements on condominium buildings after the collapse of the Champlain Towers South last year in
“It’s sort of like property insurance in that respect, and that sometimes you can work out the differences or remove things and get a product that everybody agrees on. But it wasn’t one of those times,” Sprowls told reporters


Mount Logan Capital Inc. Reports 2021 Annual Results; Declares Shareholder Distribution
Five Tips for Purchasing Insurance [Government Technology]
Advisor News
- CT governor’s candidates claims: What’s true, and what’s misleading
- Retaining clients by giving them a memorable experience
- Addressing the longevity paradox
- Employers shift focus from retirement access to financial outcomes
- Helping widowed clients navigate their new financial reality
More Advisor NewsAnnuity News
- Farm Bureau P&C insurers post first underwriting gain since 2021
- Legacy Marketing, Malibu Life launch two fixed indexed annuities
- Changing client priorities are reshaping annuity conversations
- Solen Software acquires annuity software provider Cooperative Technologies
- MassMutual Expands Lending Options With New Secured Credit Line
More Annuity NewsHealth/Employee Benefits News
- Cost of employer-sponsored health insurance plans rises again, nonpartisan survey finds
- Centene sues feds over low ratings for senior health plans
- Terry Savage: Small business owners, now is the time to offer health insurance coverage
- Aldermen select employee medical insurance broker services provider
- Southwest Bridge Health focusing on insurance coverage gap in Berrien County
More Health/Employee Benefits NewsLife Insurance News