Gov. DeSantis unveils budget, includes property insurance relief - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Property and Casualty News
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
Property and Casualty News RSS Get our newsletter
Order Prints
December 5, 2023 Property and Casualty News
Share
Share
Post
Email

Gov. DeSantis unveils budget, includes property insurance relief

NBC - 8 WFLA (Tampa, FL)
TAMPA (WFLA) - Gov. Ron DeSantis revealed his budget proposal for 2024 on Tuesday, which includes over $400 million in temporary tax relief for property insurance.

The proposal suggests a one-year exemption on taxes, fees and assessments on property insurance for Homeowners Insurance Policies, which the Governor says will save taxpayers $409 million and decrease the average insurance premium by up to 5 percent.

Floridians have seen a huge increase in insurance premiums leading to a number of special sessions and state programs aimed at providing relief. Even still, 8 On Your Side has found some reports of savings may not be telling the whole story.

The proposed budget, coming in at $114.4 billion, also includes $1 million for the state Board of Governors or Florida State University to use to sue the College Football Playoff Committee after the Seminoles were snubbed from the College Football Playoffs.

Florida democrats have criticized the proposal, noting it would cut 1,000 state jobs.

Older

Patent Issued for Systems and methods for assessing property development condition (USPTO 11816885): United Services Automobile Association

Newer

Curacao and St Maarten Insurance Industry Governance, Risk and Compliance Report 2023

Advisor News

  • How student loan debt impacts 401(k) balances
  • The ‘sandwich generation’ faces compounded barriers to retirement savings
  • Benefit Costs Squeeze Schools, Driving Cuts, Tax Hikes And Difficult Tradeoffs
  • Why client insurance needs could change even if their life doesn’t
  • Most Gen Z investors think less than a year ahead when making financial decisions
More Advisor News

Annuity News

  • Bitcoin gains ground in retirement market with Equitable annuity option
  • Best’s Special Report: First-Half 2026 Net Income in U.S. Life/Annuity Insurance Industry Dips Slightly
  • The next phase of life insurance investing
  • Ty J. Young Wealth Management Acquires Senior Insurance Services, Expanding Its Growing Annuity Firm: Ty J. Young Wealth Management
  • Guidance, bulletin or reg? NAIC debates form of annuity illustration update
More Annuity News

Health/Employee Benefits News

  • How Lahn and Sand see future for Medicaid
  • NEW CENSUS DATA UNDERSCORE IMPORTANCE OF FOOD ASSISTANCE AND HEALTH COVERAGE ACCESS
  • Thousands at risk of losing health insurance
  • INCOME, POVERTY AND HEALTH INSURANCE COVERAGE IN THE UNITED STATES: 2025
  • What do those on Medicare need to do to prepare?
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • Better Business Bureau scam alert: Beware of life insurance impostors targeting older adults
  • Enterprise Life Marks 25 Years With Pledge to Drive Innovation
  • The next phase of life insurance investing
  • State reverses one-third of health insurer decisions
  • AM Best Revises Outlooks to Negative for Kemper Corporation, Its Affiliates and Subsidiaries
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.