Search
 

Fla. Insurance Legislation Unconstitutional?

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 sa

By Matt Brady | Updated on January 11, 2007

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.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2025 ALM Global, LLC. All Rights Reserved.