Florida homeowners insurance bill passes this week

Florida homeowners insurance, Citizens Property

Lawmakers pass bill concerning Citizens and homeowners insurance Florida lawmakers having been toiling over legislation concerning Citizens Property Insurance and the state’s homeowners insurance market. Senate Bill 1770, as it is called, has been a controversial issue for the state’s Legislature. The original iteration of the bill would have introduced significant changes to Citizens Property Insurance, which accounts for the majority of homeowners insurance policies in the state. The bill would have forced the state-run insurer to raise rates on coverage, a provision that proved unpopular among the general population.…

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New health insurance proposals in Florida receive strong support

Florida health insurance

Florida continues to wrangle with health insurance expansion A Florida Senate panel has approved two proposals designed to help expand the availability of health insurance for low-income citizens. There are only three week left in the state’s legislative session and still a significant amount of work needing to be done concerning the state’s compliance with the Affordable Care Act. As such, lawmakers have been working feverishly in order to draft measures that are expected to have a significant impact on the health insurance structure of the state. Health care law…

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Homeowners insurance bill swoops through Florida Senate

Florida Homeowners Insurance

Bill addressing homeowners insurance races through Florida Legislature Last week, a controversial legislation concerning homeowners insurance flew through the Florida Senate. The legislation received strong backing from the state’s lawmakers, whom have become exceedingly involved in the problems surrounding the state’s Citizens Property Insurance organization. The state-run insurer, which accounts for the majority of the homeowners insurance policies in Florida, has been, thus far, unable to address its own problems, leading lawmakers to get more involved in these issues and create legislation designed to put some of these problems to…

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Lawmakers looking to get involved in homeowners insurance in Florida

Florida Homeowners Insurance

Homeowners insurance may soon become a political battlefield The drama surrounding Florida’s Citizens Property Insurance continues to unfold as state lawmakers begin to play a larger role in the state-run insurers struggle to free itself from the financial burdens of its past. The state-run insurer was recently rattled by an onslaught of corporate scandals that aroused the ire of the Florida Legislature. The insurer claims that it has successfully reduces its risk exposure over the past year, but lawmakers are seemingly unconvinced by the organization’s claims. It is becoming increasingly…

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Health insurance endeavor in Florida may be dubious foreshadowing for exchange initiative

Florida health insurance

Health insurance program from Palm Beach County is met with significant challenges While health care reform begins to take hold on a national level, several counties throughout the U.S. are looking to make health insurance more accessible to consumers on their own. Such is the case in Pam Beach Country, Florida, where county officials are working to ensure that all residents have access to the health insurance they need. According to officials, one in five residents of Palm Beach County currently lack coverage. While officials are working to address this…

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