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Florida Governor Plans to Call Second Special Session to Tackle Insurance Crisis

October 21, 2022

Florida’s besieged property insurance industry is hoping the second time will be the charm, after Gov. Ron DeSantis announced that he is working with lawmakers to schedule another special session to help stablilize the market.

The governor’s office did not provide details or a copy of an executive order calling the session, but at an event in hurricane-ravaged southwest Florida, the governor said lawmakers could convene after the Nov. 8 election and before the end of the year, according to news reports. House and Senate leaders and insurance industry activists indicated they are ready to tackle issues facing an insurance industry that has seen six insurers become insolvent this year while others have raised premiums significantly.

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