Florida's home and condo property insurance market 'is collapsing – a mess beyond proportions'
Florida homeowners are seeing huge increases in the cost to insure their homes, further fueling the high cost of living in Florida.
A special legislative session begins next week, but hopes for significant reform are dwindling.
"Florida property insurance market is collapsing. That's the best way we can describe it. It is a mess beyond proportions," said Mark Friedlander, Director of Corporate Communications with the Insurance Information Institute.
As of noon on Friday, legislative leaders had not released any proposed legislative language that lawmakers will consider when the special session begins on Monday.
"I don't have a lot of confidence," Friedlander said. "They need to start taking...
