Senator Garrett Richter speaking on the Legislative Panel during the Florida Chamber's 6th Annual Insurance Summit in Orlando.
Senator Garrett Richter speaking on the Legislative Panel during the Florida Chamber's 6th Annual Insurance Summit in Orlando.

Insurance Reform and Competition

Florida’s insurance market requires structural reforms to remain financially viable and competitive. Unless fundamental reforms are made, Florida is only one expensive storm away from a severe threat to our way of life. If Citizens Property Insurance Corporation is not reformed, Florida’s policyholders will be left with billions in assessments, commonly known as the Hurricane Tax.

 

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