The state senator who last week postponed a vote on his bill changing Florida’s last-resort property insurer is back today with a new and, he says, improved version. If his forecast is wrong, however, the Senate should reject the legislation.
In its original form, Senate Bill 1770 was promising. The bill had several parts, but the most important would create a clearinghouse to enable Citizens Property Insurance Corp. policyholders to compare rates with those of private companies. Homeowners might find that they have reasonably priced options for leaving Citizens, which would reduce the company’s exposure. Everyone, in theory, likes the idea of a smaller Citizens.
Subscribers get total access to this story, and all our in-depth news, digital editions and exclusive content. Subscribe today, or try a 24-hour or 7-day digital pass.
All Day Access — 24-hour digital pass99¢ for 24 hours
All Week Access – 7-day digital pass$3.99 for 7 days
All Access, All the Time – Print & DigitalView Offers
Post Print Subscriber — I need to register my account for digital access.Access Digital
Registered Post Subscriber — Sign me in.Sign In