As Florida lawmakers prepare for a special session on property insurance reforms next week, the James Madison Institute has released a study outlining a path to reform that includes the end of the state’s one-way attorney fee law.

There are some cost drivers – such as Florida’s rapid rate of population growth, the state’s storm-prone geography and reinsurance costs – that have put upward pressures on property insurance costs in recent years, according to the report. But those issues don’t explain the double-digit property insurance rate hikes consumers have faced and jaw-dropping insurance losses that plague the industry, the institute reports.

Tort-reform supporters remain optimistic that lawmakers will reject half-measures and pass solutions to what they say is truly plaguing the property insurance market: excessive and abusive civil litigation.