Property insurance legislation starts to come into focus ahead of Special Session

Property insurance legislation starts to come into focus ahead of Special Session

Negotiators with the House, Senate and Gov. Ron DeSantis’ Office are close to an agreement on legislation lawmakers will pass during the Special Session, which starts Monday and is aimed at stabilizing Florida’s creaky property insurance market.

According to key executive branch and legislative staffers and lobbyists familiar with the negotiations, while there isn’t a done deal, a rough outline for the bills has been discussed within the last week.

One of the main provisions is a prohibition on one-way attorney fees for lawyers representing contractors. The one-way attorney fee statute would remain in place, however, for lawyers representing homeowners.

The provision is sought by insurance c...

Full story at Florida Politics