Florida Insurance Reform Special Session 2 – This Time Means Business | Greater Miami Chamber of Commerce
Between 2017 and 2022, 11 property & casualty insurers domiciled in Florida were declared insolvent and placed into liquidation. In an attempt to restore stability to the marketplace, Governor Ron DeSantis issued a proclamation on April 26, 2022, calling the Florida Legislature into special session to reform Florida’s Insurance Code. While the ensuing May special session yielded significant changes, including amendments designed to reduce fraudulent roof claims and to curtail the use of Assignment of Benefits agreements and the award of attorneys’ fees, it was widely believed that the reforms did not go far enough. Support for this viewpoint was readily found in the number of carriers voluntarily choosing to cease writing policies in Florida, as well as the skyrocketing number of policies held by the state-created “insurer of last resort,” Citizens Property Insurance Corporation.
Buenos Aires and Miami-Dade Advance in International Cooperation
05/19/2025
In dialogue with DEF Media, Miami-Dade County officials and authorities commented on their progress and development ideas in conjunction with ...
HR Insights Summit: Celebrating Excellence and Innovation in Human Resources
05/19/2025
The energy was palpable as HR professionals from across Miami gathered for our Annual HR Insights Summit. With coffee in hand and business cards at ...
The Healing Heroes of Miami: Celebrating 26 Years of Healthcare
05/14/2025
South Florida is rapidly emerging as a global hub for top-quality healthcare, and the Greater Miami Chamber of Commerce has been at the forefront of ...
Immigration Policy Impact Survey: Your Business Voice Matters
05/13/2025
The Greater Miami Chamber of Commerce, in collaboration with FIU's Jorge M. Perez Metropolitan Center, is conducting an important survey to ...