Florida’s property insurance crisis prompts DeSantis to call another special session [Miami Herald]

Home News Florida’s property insurance crisis prompts DeSantis to call another special session [Miami Herald]
Florida’s property insurance crisis prompts DeSantis to call another special session [Miami Herald]

Gov. Ron DeSantis announced the Florida Legislature will be called back for a second special session in May.

The property insurance session will be the second special session called by DeSantis this year. The governor said he will sign a proclamation this week with more specifics — the same week the Legislature will meet for a special session on congressional redistricting.

DeSantis, speaking Monday at a news conference in Jacksonville, said he hoped to “bring some sanity and stabilize” the property insurance market.

The governor said the special session could also include other issues, but he didn’t specify which ones.

The property insurance industry in Florida has suffered a tumultuous last few years. Homeowners’ rates have spiked by double digits in some cases, and some companies have canceled policies or suspended business in the state.

This is a breaking news story that will be updated.

Source: https://insurancenewsnet.com/oarticle/floridas-property-insurance-crisis-prompts-desantis-to-call-another-special-session-miami-herald