Similar bills introduced in both houses of the Florida Legislature would shift coverage for hurricanes from private insurers to the state–a move that two industry organizations find objectionable.

The legislation, HB 1157 and SB 2384, introduced by Senator Mike Fasano, R-New Port Richey; and Reps. Ellyn Setnor Bogdanoff, R-Fort Lauderdale; John Wood, R-Winter Haven; and Priscilla Taylor, D-West Palm Beach, would create a Florida Hurricane Protection Program within the Florida Hurricane Catastrophe Fund. According to the bill, “The purpose of the program is to provide residential hurricane insurance coverage for properties throughout the state.”

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