Main Stage | Special Session Addressing the Passage of SB 2-A (Property Insurance)

Florida's Senate Bill 2A, Property Insurance, was passed in December 2022, and has a far-reaching impact on our industry. The bill is intended to ensure policyholders have access to quality, affordable private market property insurance, and requires insurers to more promptly communicate, investigate, and pay valid claims. The bill addresses anticipated shortages in the reinsurance market and eliminates one-way attorney fees for property insurance. The bill strengthens the regulatory authority of the Office of Insurance Regulation over property insurers.

Our speakers will address the key points of the legislation and the possible affects on those in the windstorm insurance industry.