Insurance roundup: special session, lower rates for new builds & Tampa rate drop

We are continuing to cover the price of paradise and the state of insurance with the top insurance headlines for the week.

1. DESANTIS ON CONDO REFORM

  • Pressure is mounting on Florida lawmakers to address the rising costs for condo owners.
  • A special session of the legislature could potentially provide a solution.
  • The Florida House, Senate, and governor cannot agree on the necessary actions.

    Lawmakers search for answers for Condo issues

2. LOWER INSURANCE RATES ON NEW BUILDS

  • A Florida-based insurance company is offering a new program of lower premiums to buyers of newly constructed homes.
  • “This program is for new home construction, and it’s an embedded program that is sold…..

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