Florida

Florida Governor Signs Property Insurance Bill

Tallahassee, Florida (AP) — Governor of Florida Ron DeSantis has signed a bill aimed at bailout most of the state’s insurance industry.

In the face of losses due to increased claims, the industry welcomes changes by contractors that limit some practices.

The law prohibits contractors from requiring homeowners to file roofing claims. The law also narrows the period that homeowners can claim.

While some insurers say the new measures will help keep costs down, critics may raise premiums for homeowners who are compensated by state-sponsored last-minute providers. It states.

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Florida Governor Signs Property Insurance Bill

Source link Florida Governor Signs Property Insurance Bill

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