The Florida legislature has passed a bill that would exclude certain commercial insurance lines from the rate filing and approval process.
A spokesperson for Florida Gov. Charlie Crist said it was unknown at this time whether the governor will sign the measure.
Cecil Pearce, vice president of state affairs for the American Insurance Association (AIA), said the bill, S. 2176 (http://tinyurl.com/3xg8jsm), passed by a vote of 119-0 in the House and 37-1 in the Senate.
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