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
- Guaranteed income streams help preserve assets later in retirement
- Economic pressures make boomerang living the new normal
- Pay or Die: The scare tactics behind LA County’s Measure ER tax increase
- How to listen to what your client isn’t saying
- Strong underwriting: what it means for insurers and advisors
More Advisor NewsAnnuity News
- Guaranteed income streams help preserve assets later in retirement
- MassMutual turns 175, Marking Generations of Delivering on its Commitments
- ALIRT Insurance Research: U.S. Life Insurance Industry In Transition
- My Annuity Store Launches a Free AI Annuity Research Assistant Trained on 146 Carrier Brochures and Live Annuity Rates
- Ameritas settles with Navy vet in lawsuit over disputed annuity sale
More Annuity NewsHealth/Employee Benefits News
- Understanding Advantage Plans and Supplements
- Dawson County commissioners renew county health insurance after confusion in meeting
- BEACH BILL TO REQUIRE HEALTH INSURERS TO COVER STUTTERING TREATMENTS ADVANCES
- Voluntary healthcare cost limits aren't working. Should Rhode Island's insurers face sanctions?
- The Medicare rules agents would repeal tomorrow
More Health/Employee Benefits NewsLife Insurance News
- $150M+ asset sale payout distributed to Greg Lindberg policyholders
- Best’s Market Segment Report: AM Best Revises Outlook on France’s Non-Life Insurance Segment to Stable from Negative, Reflecting Top-line Growth, Technical Profitability
- Pacific Life Launches New Flagship Variable Universal Life Insurance Product
- NAIFA launches “NAIFA Cares” initiative to help build long-term financial security for children
- The fiduciary standard for life insurance is here
More Life Insurance News