Florida's budget crisis has taken center stage this legislative session. A potential $2 billion budget deficit has pushed the property insurance issue off the radar screen.
Still, at least some issues surrounding property insurance are expected to get a hearing.
Sens. Jeff Atwater, R-Palm Beach Gardens, and Steve Geller, D-Hallandale Beach, who co-chaired the Select Committee on Property Insurance Accountability, recommended Thursday to Senate President Ken Pruitt, R-Port St. Lucie, that a number of issues be considered. Almost all amount to a continued get-tough approach with insurers. Atwater and Geller are recommending that temporary bans be continued that prevent insurers from raising rates without first getting state permission and stop insurers from going to an arbitration panel to appeal a state rate denial. The bans were put into place during the January 2007 special session on property insurance. Click here for more
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