Legislation clarifying the exempt status of Florida's nonadmitted insurance industry from compliance with rate and forms laws was signed earlier this month by Gov. Charles Crist.

The governor's decision was greeted with a sigh of relief from the industry's non-admitted underwriters, agents and brokers.

H.B. 853, sponsored by Rep. Pat Patterson, R-DeLand, and Sen. Mike Bennett, R-Bradenton, reverses a 2008 Florida Supreme Court decision in Essex v. Zoto.

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