Florida lawmakers swing into action after Trump smacks DeSantis on insurance

Florida lawmakers swing into action after Trump smacks DeSantis on insurance

TALLAHASSEE, Fla. — Florida lawmakers want to bring the “hammer” down on “bad actors” in the property insurance industry, and they are moving quickly to send a new legislative proposal to Gov. Ron DeSantis.

The push comes just three weeks after former President Donald Trump accused DeSantis of bailing out the politically-powerful industry and said the governor had “crushed homeowners” following Hurricane Ian.

The state Senate this week rolled out a so-called insurer accountability package that would sharply increase fines against wayward insurers and place more regulatory responsibilities with a state agency.

But the legislation will likely do little to slow the double-digit rate hikes insur...

Full story at POLITICO