News & Analysis as of

Governor DeSantis Property Insurance

Cozen O'Connor

Florida Enacts Broad Insurance Reforms Focusing on Bad Faith

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From 2019 to 2022, the Florida Legislature enacted four separate property insurance reforms that sought to rein in abusive property insurance litigation fueled by one-way attorney’s fee shifting and an army of professional...more

Jones Day

Florida Governor Signs Sweeping Tort Reform Bill Into Law

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On March 24, 2023, Florida Governor Ron DeSantis signed into law HB 837/SB 236, which is now in effect and will significantly impact tort cases....more

Goldberg Segalla

Florida Governor Signs Sweeping Property Insurance Regulation into Law

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Key Takeaways - Senate Bill 2-A signed in September by Florida Gov. Ron DeSantis will result in notable changes to the state’s property insurance industry, including the end of “One-Way” attorney fees for policyholder...more

McGuireWoods Consulting

Florida Organization Session & Issues to Expect for 2023

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On November 22, 2022, 160 Florida lawmakers, many elected to the legislature for the first time, gathered in Tallahassee to be sworn in. During this constitutionally required “organization session,” the two chambers also...more

Kennedys

Florida Building Safety Bill signed by Florida Gov. DeSantis

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Governor DeSantis signed Senate Bill 4D (“SB 4D”) relating to building safety into law on May 26, 2022, on the same day he signed Senate Bill 2D relating to property insurance. The bill was proposed and passed following the...more

Kennedys

Florida Property Insurance Reform Bill signed by Florida Gov. DeSantis

Kennedys on

Governor DeSantis signed Senate Bill 2D (“SB 2D”), relating to property insurance, and Senate Bill 4D (“SB 4D”), relating to building safety, into law on May 26, 2022. The bill, SB 2D, enacts pro-consumer measures to...more

Goldberg Segalla

Gov. DeSantis Signs Sweeping Legislation to Alleviate the Pressure from Skyrocketing Insurance Costs in Wake of Hurricane...

Goldberg Segalla on

Key Takeaways - Changes to property insurance and reinsurance signed into law on May 26 create the Reinsurance to Assist Policyholders program (RAP), which is backed by $2 billion and seeks to assist insurance companies...more

McGuireWoods Consulting

Florida Lawmakers to Reconvene May 23 to Address Property Insurance Crisis

On Tuesday, April 26, 2022, Gov. Ron DeSantis issued a call for a special session of the legislature and announced the dates for the upcoming special session. Lawmakers will reconvene in Tallahassee May 23-27, to address...more

Shumaker, Loop & Kendrick, LLP

Shumaker Advisors 2022 Florida Legislative Session Weekly Newsletter, Week Six

The sixth week of Florida’s 2022 Legislative Session concluded today in Tallahassee. There are now three weeks remaining in this year’s session, during which time legislators are set to tackle budget negotiations and debate...more

Hinshaw & Culbertson - Insights for Insurers

Florida Enacts Significant Reform Impacting Property Insurance Claims

Earlier this month, Florida Governor Ron DeSantis signed into law S.B. 76, enacting significant property insurance claim reform in the State of Florida that becomes effective on July 1, 2021. We summarize some of the...more

Carlton Fields

Florida Senate Passes Legislation to Reform Litigation for Property Insurance Claims

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Toward the end of the 2021 Florida legislative session, the Florida Senate passed Senate Bill 76, a bill that focuses on reducing litigation related to property insurance claims and also places restrictions on companies...more

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