Make us your home page
Instagram

Today’s top headlines delivered to you daily.

(View our Privacy Policy)

Fla. House rejects unregulated insurance option for Citizens policies

TALLAHASSEE — The Florida House has rejected a proposal that could shift homeowners away from Citizens Property Insurance and into unregulated out-of-state insurers.

The Senate last week voted for a property insurance bill that would allow homeowners seeking coverage from Citizens to be shifted to a private surplus line insurance company, which are not subjected to the same regulations as companies based in the state.

But the House on Tuesday stripped out that provision from the bill (SB 1672).

Rep. John Wood, R-Winter Haven, said that the issue was dead for this year's session.

Lawmakers have taken several steps over the last few years to try to steer people away from the state-created Citizens.

Last year, legislators approved a clearinghouse that requires agents to explore private insurers before allowing someone to buy a Citizens policy. A customer is ineligible for Citizens if a company's premiums are within 15 percent of Citizens' rates.

The Senate bill as originally passed would have added surplus line insurers to that option.

Fla. House rejects unregulated insurance option for Citizens policies 04/29/14 [Last modified: Tuesday, April 29, 2014 9:37pm]
Photo reprints | Article reprints

Copyright: For copyright information, please check with the distributor of this item, Associated Press.
    

Join the discussion: Click to view comments, add yours

Loading...
  1. Support for gay marriage surges, even among groups once wary

    Human Interest

    NEW YORK — In the two years since same-sex marriage was legalized nationwide, support for it has surged even among groups that recently were broadly opposed, according to a new national survey.

    People gather in Washington's Lafayette Park to see the White House lit up in rainbow colors on June 26, 2015, the day the Supreme Court ruled that same-sex marriage legal. In the two years since same-sex marriage was legalized nationwide, support for it has surged even among groups that recently were broadly opposed, according to a new national survey released on Monday, June 26, 2017. [Associated Press]
  2. Florida inspired new group focused on improving how elections are run

    Blogs

    A new group run by two lawyers and veteran Democratic operatives specializing in voter protection efforts is launching a pilot program in Florida, Wisconsin and Pennsylvania to work with local elections officials to improve the voting process. Access Democracy, run by …

    Access Democracy wants to improve voter participation and how elections are run
  3. Super Nintendo is coming back to stores, and there's even a new (old) game

    Blogs

    If the overwhelming success of last year's NES Classic is any indication, you may want to get your hands on Nintendo's newly-announced Super NES Classic as soon as it becomes available this fall.

    Super Nintendo plans to release the Super NES Classic Edition.
  4. Dave Andreychuk going into Hall of Fame

    Blogs

    For Dave Andreychuk, the wait is finally over.

    Dave Andreychuk helped lead the Lightning to its only Stanley Cup in 2004.
  5. Rays appear close to landing Marlins shortstop Hechavarria

    Blogs

    Hechavarria is a two-time Gold Glove finalist who could help settle the Rays sometimes leaky infield defense.

    Adeiny Hechavarria is a two-time Gold Glove finalist who could help settle the Rays sometimes leaky infield defense.