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Florida reform package makes “much-needed progress,” says NAMIC

May 24, 2022

The National Association of Mutual Insurance Companies (NAMIC) has commented on Florida’s special session on the property insurance crisis, which it sees as an opportunity for the Legislature to pass critical reforms to address some of the most pressing issues that have led to the current crisis in the state’s insurance market.

The special session commenced yesterday and will run through this week, with government officials to consider legislation related to property insurance, reinsurance, changes to the Florida Building Code that could improve the affordability of property insurance, the Office of Insurance Regulation, civil remedies, and appropriations.

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