DeSantis to ask lawmakers to reconvene to ease taxes on people affected by hurricane [Miami Herald] - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
October 20, 2022 Newswires
Share
Share
Post
Email

DeSantis to ask lawmakers to reconvene to ease taxes on people affected by hurricane [Miami Herald]

Miami Herald (FL)

Gov. Ron DeSantis said Thursday he plans to call a special legislative session to provide property-tax relief to people affected by Hurricane Ian, with the session possibly addressing property-insurance issues.

DeSantis also said he planned to issue an executive order that would delay tax-payment deadlines in storm-impacted counties until lawmakers can put changes into law. The order would apply to counties that have received a disaster designation from the federal government.

“We’ll have those dates [for a special session] nailed down very soon. But it will certainly be before the end of the calendar year,” DeSantis said during an appearance in Fort Myers Beach. “And I think that there may be a whole bunch of other stuff that’s storm-related that we may be talking about.”

DeSantis did not immediately release the executive order and did not take questions during the appearance.

Florida’s property-insurance market has long been troubled, with private insurers dropping customers and raising rates because of financial losses. Since February, six property insurers have been deemed insolvent.

In a special session in May, lawmakers took a series of steps to try to stabilize the system, including earmarking $2 billion in tax dollars to provide additional reinsurance to property insurers that otherwise might not be able to buy the crucial backup coverage on the private market.

However, the market continues to sputter, with homeowners flooding into the state-backed Citizens Property Insurance Corp. for coverage.

“There were some very positive reforms that were done [during the special session.] But there were also things that we wanted to do that the Legislature at that time was not willing to do,” DeSantis said. “I think we will be able to do that in this special session.”

Incoming House Minority Leader Fentrice Driskell, D-Tampa, said another special session on property insurance is long overdue.

“Obviously, we will need to see what they propose,” Driskell, who will become minority leader after the November elections, said in a statement. “Our last special session was specifically about property insurance, and it didn’t even come close to solving the problem. We’ll need to see specific plans and how they’ll actually help the people of Florida. This is not the time for half-measures.”

DeSantis’ announcement came ahead of his debate Monday in Fort Pierce with Democratic gubernatorial candidate Charlie Crist, who has focused on property insurance in recent stump speeches and television commercials. Crist has called the May special session “special for the insurance industry.”

“For years, Floridians have been begging Ron DeSantis to do something — anything — to lower property insurance rates. He’s failed twice,” Crist said in a statement released by his campaign on Thursday. “Why would we expect the third time to be the charm?”

DeSantis said the special session will be timed so lawmakers can retroactively allow residents who sustained damage from Ian to benefit from a tax change approved this year. That change, Jan. 1, is slated to offer property-tax rebates on residential properties rendered uninhabitable by catastrophic events.

Crafted as part of the response to last year’s fatal condominium collapse in Surfside, the law creates rebates when residential properties are rendered uninhabitable for 30 days or more by catastrophic events.

The executive order would delay property tax payments on personal and commercial properties destroyed or otherwise made uninhabitable in 26 counties designated for disaster assistance by the Federal Emergency Management Agency.

“I do not have the ability as governor to eliminate property tax obligations,” DeSantis said. “So, this will delay that payment date.”

Lee County Property Appraiser Matt Caldwell, a former state legislator, said about 100,000 of the approximately 550,000 parcels in his county will need to be “significantly reviewed over the next eight months.”

The special session agenda might also include additional funding to help Southwest Florida communities slammed by the Category 4 hurricane, which made landfall Sept. 28 in Lee and Charlotte counties, DeSantis said.

“If you’re giving property tax rebates to taxpayers, property owners, you know, that’s great for them, but obviously, that revenue funds essential services,” DeSantis said. “So, there may be a need for us to help with a local fire department or something. And all that stuff will be on the table.”

©2022 Miami Herald. Visit miamiherald.com. Distributed by Tribune Content Agency, LLC.

Older

What KS candidates for attorney general, treasurer & secretary of state say on key issues [The Kansas City Star]

Newer

Europe Pilates & Yoga Studios Market will Gain Momentum by 2030 to Surpass $71,156.6 million | SANDSTONE YOGA & PILATES

Advisor News

  • Most Gen Z investors think less than a year ahead when making financial decisions
  • IRI pitches retirement agenda to Jeffries as democrats shape affordability platform
  • Help child-free clients plan for their later years
  • When new investment trends emerge, Gen Z is most likely generation to be first in
  • Could ‘plain English’ become an advisor’s secret weapon?
More Advisor News

Annuity News

  • Guidance, bulletin or reg? NAIC debates form of annuity illustration update
  • Nationwide adds mutual fund-linked strategy to New Heights Select FIA
  • NUNN INTRODUCES BILL TO CUT RED TAPE, GIVE IOWANS CLEARER INSURANCE INFORMATION
  • NAIC working group pressed to accelerate annuity illustration overhaul
  • State Auditor James Brown Kicks Off Life Insurance Awareness Month With Policy Locator Tool
More Annuity News

Health/Employee Benefits News

  • Affordable Care Act insurance costs to rise steeply again in WA
  • WA approves double-digit rate hike for individual health insurance plans
  • BMC nurses: 'We're at the end of our ropes' without a fair contract
  • Study Results from Howard University Provide New Insights into Managed Care (Howard University’s Pediatric Dentistry Postdoctoral Program: Advancing Workforce Diversity and Access In Underserved Communities): Managed Care
  • Trump promises $500 rebates for Obamacare ‘overcharges’ he blames on Biden
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • MIB reports double-digit life insurance app activity in record August
  • 42% of consumers are confused and unconvinced by life insurance
  • Life insurance protects the people who matter most
  • AM Best Affirms Credit Ratings of Petrolimex Insurance Corporation
  • Capgemini: Life insurers under pressure: 42% of consumers are confused and unconvinced by policies
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
  • MassMutual Ascend Surpasses $2 Billion in Lifetime Advisory Annuity Sales, Reflecting Continued Momentum in RIA Channel
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.