Navigation Property insurance package clears two Senate panels and is ready for floor action
Sen. Jim Boyd
Florida lawmakers on Monday began debating property insurance reforms that would eliminate Florida’s one-way attorney fee provision — and make another $1 billion in taxpayer money available for discounted reinsurance, or backup insurance, for private companies.
The Senate Banking and Insurance Committee voted 9-3 to approve SB 2A by Sen Jim Boyd, R-Bradenton. After clearing the Senate Fiscal Policy Committee 15-5 early Tuesday evening, the measure was ready for the Senate floor.
