Florida Legislature Passage of Citizens Property Insurance Corporation Bill


Statement from Liz Reynolds
State Affairs Manager

RE: Florida Legislature Passage of Citizens Property Insurance Corporation Bill

“It is good that the state Legislature gave its attention to Citizens Property Insurance Corporation, recalibrating its size and place in Florida’s insurance market to reflect its original purpose. Having said that, an opportunity was missed to address the issue of rate adequacy, which is crucial to protecting Florida taxpayers and insurance consumers if and when the next big hurricane hits the state. We will continue to work with legislators to find a reasonable solution to this challenge.”

Lisa Floreancig
Public Affairs Director - State & Policy Affairs
lfloreancig@namic.org
317.875.5250