House, Senate leaders launch into session focused on insurance, agriculture - 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
    • Advertise
    • Contact
    • Editorial Staff
    • 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
March 6, 2025 Property and Casualty News
Share
Share
Tweet
Email

House, Senate leaders launch into session focused on insurance, agriculture

Jay Waagmeester and Christine Sexton Florida PhoenixRiverland News

Kicking off a new era when legislative leaders are expected to exercise more independence from Gov. Ron DeSantis than in recent years, Florida's two Republican legislative leaders on Tuesday outlined priorities for the annual 60-day session.

Although they're pursuing different agendas, Senate President Ben Albritton and House Speaker Danny Perez both touched on the availability and affordability of homeowners' insurance.

Conversely, DeSantis said in his State of the State speech that the homeowner's insurance market in Florida is stable, touting changes made by the Legislature in 2022 and 2023 and stressing the need to fund a state program for homeowners who harden their homes against hurricanes. House Democratic leader Rep. Fentrice Driskell said the governor's remarks seemed out of touch.

"Many of his comments today about property insurance rates coming down and things are so great, that absolutely is not the feedback we get from our neighbors on the ground. They're concerned because their rates are going up. People need real relief and, frankly, the governor hasn't done enough about this," Driskell said.

Perez, meanwhile, said the House would subpoena insurance company executives in light of a Miami Herald/Tampa Bay Times story about a state-commissioned report showing that Florida insurers pleaded poverty while transferring billions of dollars to out-of-state affiliates.

"A couple of years ago, the insurance industry came to the Legislature and said [that] without sweeping reforms companies could not compete in Florida. We have since learned of the reports in existence at the time but not disclosed to the Legislature that may suggest some insurance companies were using accounting tricks to hide substantial profits while telling us they were in a crisis. Shock," Perez said sarcastically.

He said he will empower the House Insurance and Banking Subcommittee to place witnesses under oath, issue subpoenas, and hire outside legal counsel.

His remarks were met with a spate of applause.

Albritton also used his speech to address homeowner's insurance saying, "We'll hold insurance companies accountable for the rates they charge and the services they provide when disaster strikes. They aren't going to manipulate the system. And neither is any other industry. Not on my watch."

'Guardians of the taxpayers'

The Florida Legislature meets annually to conduct the state's business, although lately the work has spilled over into special sessions, including one held only recently to assist in the Trump administration's efforts at mass deportation of undocumented immigrants.

While lawmakers will consider hundreds of proposals while in the capital city, they are only required to pass one piece of legislation: the General Appropriations Act, or state budget.

Perez insisted he has no plan to impose his personal political priorities on the House, but he did stress the need to address homeowners' insurance, fiscal responsibility, and curbing government spending.

"We are the guardians of the taxpayers. We have rightly pushed back on local governments for allowing the growth in property taxes … while congratulating ourselves for giving easy-to-fund nonrecurring tax holidays," he said.

Albritton made clear his personal interest was agriculture, including protection of Florida's citrus industry, which has been in decline because of blight and competition with land developers.

"I was born and bred in Florida citrus, and this vital industry is not going down on my watch," Albritton said. "To those growers who are left in the business, hear me when I say, you are not forgotten, you are not alone, and I'm running to this fight."

Information technology

Among his other priorities were efficiency, echoing calls from the Trump administration and its DOGE initiative.

"It's not enough to know government is completing a task or providing a service, we need to know if that service is being provided well, which means we need to have new, innovative ways to measure performance," Albritton said, mentioning a focus on information technology.

"Despite everyone's best efforts, we can't seem to get it quite right," Albritton said. "There is no doubt in my mind, it's time for IT to be a Cabinet-level agency."

The House has a subcommittee focused on technology policy and budgeting. In the weeks leading to the 2025 session, the panel heard IT presentations from the state agencies that are requesting funding in the fiscal year 2025-26 budget to continue their efforts.

Albritton also highlighted the initiative he's dubbed the "Rural Renaissance," which would create an office dedicated to rural communities and provide grants to counties with declining population. The package would fund infrastructure projects, focus on housing accessibility, and incentivize teachers, doctors, and nurses to practice in rural areas. The price tag is $197.4 million.

Collegiality

Perez encouraged members to work with each other on legislation and not to be myopic and focused only on their own bills.

"Lean in and offer help, because that's how I'm going to be spending my time over the next 60 days," he said. "How do we make good bills great? How do we get great bills across the finish line and turned into laws together? We can produce policies that will matter to the real lives of the people of Florida. We are the House of Representatives. We are the tellers of the truth."

Leaders from both chambers took time to acknowledge Sen. Geraldine Thompson's sudden death following complications from knee surgery, with Albritton breaking into tears. The Senate, he said, would honor Sen. Thompson next week.

Albritton began his remarks by paying respects to his "dear friend" and called Thompson's passing a "profound loss for the Senate."

"I'm sure when Geri went home, she heard the words, 'Well done, my good and faithful servant,'" Albritton said.

Older

RFK Jr. pressed to reevaluate Pennsylvania’s Medicaid expansion

Newer

AllianzIM Expands Buffer Allocation ETF Suite with Launch of Buffer15 Uncapped ETF

Advisor News

  • Why you should discuss insurance with HNW clients
  • Trump announces health care plan outline
  • House passes bill restricting ESG investments in retirement accounts
  • How pre-retirees are approaching AI and tech
  • Todd Buchanan named president of AmeriLife Wealth
More Advisor News

Annuity News

  • Great-West Life & Annuity Insurance Company Trademark Application for “EMPOWER READY SELECT” Filed: Great-West Life & Annuity Insurance Company
  • Retirees drive demand for pension-like income amid $4T savings gap
  • Reframing lifetime income as an essential part of retirement planning
  • Integrity adds further scale with blockbuster acquisition of AIMCOR
  • MetLife Declares First Quarter 2026 Common Stock Dividend
More Annuity News

Health/Employee Benefits News

  • Far fewer people buy Obamacare coverage as insurance premiums spike
  • MARKETPLACE 2026 OPEN ENROLLMENT PERIOD REPORT: NATIONAL SNAPSHOT, JANUARY 12, 2026
  • Trump wants Congress to take up health plan
  • Iowa House Democrats roll out affordability plan
  • Husted took thousands from company that paid Ohio $88 million to settle Medicaid fraud allegations
More Health/Employee Benefits News

Life Insurance News

  • Best’s Market Segment Report: AM Best Maintains Stable Outlook on India’s Non-Life Insurance Segment
  • AM Best Affirms Credit Ratings of Health Care Service Corporation Group Members and Health Care Service Corp Medicare & Supplemental Group Members
  • Kyle Busch hits PacLife role in amended IUL fraud claims suit
  • I sent a letter to President Trump regarding Greg Lindberg
  • ‘Cashing Out’: Film recounts how viatical settlements arose from AIDS crisis
Sponsor
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

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

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

ICMG 2026: 3 Days to Transform Your Business
Speed Networking, deal-making, and insights that spark real growth — all in Miami.

Your trusted annuity partner.
Knighthead Life provides dependable annuities that help your clients retire with confidence.

8.25% Cap Guaranteed for the Full Term
Guaranteed cap rate for 5 & 7 years—no annual resets. Explore Oceanview CapLock FIA.

Press Releases

  • Agent Review Announces Major AI & AIO Platform Enhancements for Consumer Trust and Agent Discovery
  • Prosperity Life Group® Names Industry Veteran Mark Williams VP, National Accounts
  • Salt Financial Announces Collaboration with FTSE Russell on Risk-Managed Index Solutions
  • RFP #T02425
  • RFP #T02525
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
  • Advertise
  • Contact
  • Editorial Staff
  • 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.
Insurance News | InsuranceNewsNet