Florida legislators are heading into a special session next week with several unconstitutional proposals to resolve the state's skyrocketing property insurance costs, an insurance industry official said.
Among the more radical proposals being considered are efforts in the state House of Representatives to pass legislation barring insurers from setting up Florida-only subsidiaries and forcing them to take their national profit picture into account when setting rates.
The proposal would also require companies selling other lines of coverage, such as auto, to also offer property coverage if they do so in another state.
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