Can Albritton’s Reforms Save Florida’s Homeowners? In a pivotal moment marked by his first address as president of the Florida Senate, Ben Albritton made it clear that the state’s property insurance companies were under scrutiny. His speech came at a crucial time, following the devastating impacts of Hurricanes Helene and Milton, which left many Floridians reliant on their insurance providers for recovery and rebuilding. Albritton, representing the Republican stronghold in Bartow, emphasized the need for insurance companies to honor their commitments to policyholders who have consistently paid premiums over the…
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Florida Senate attempts another bill to eliminate no-fault auto insurance system
The system has been plaguing the state and is blamed for keeping rates among the highest in the US. The Florida Senate recently introduced a new bill in an attempt once again to take down the no-fault auto insurance system in the state. The required coverage means that drivers must use their own policy when accident claims are made. In addition to the mandatory no-fault auto insurance coverage, drivers must also carry a minimum of $10,000 in personal injury protection coverage. Though the system was developed to help eliminate a…
Read MoreFlorida no fault car insurance repeal moves ahead in state Senate
Senator Tom Lee (R-Brandon) introduced the bill in the hopes of controlling skyrocketing premiums. The no fault car insurance bill meant to repeal the current system in Florida has cleared an important Senate committee. Should it become law, it would mean that drivers will need to purchase bodily injury coverage. The primary hurdle so far has been the argument that lawsuits and premiums would rise further. Many of the objections have come directly from insurance representatives. Should the no fault car insurance be repealed, it would mean that drivers in…
Read MoreWebsite reiterates Florida’s opposition to a health insurance exchange
State-run health insurance exchange has no future in Florida The Florida Senate has launched a new website concerning the Affordable Care Act and the state’s ongoing opposition to the federal law. The website reiterates the state’s stance on a health insurance exchange, noting that the state will not actually build or operate an exchange in any way. Florida is one of several states that has chosen not to run its own exchange program. Instead, this burden will fall to the federal government, which will be responsible for operating the exchange…
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