Calling it the most significant reforms to the state's home insurance market in generations, Florida Gov. Ron DeSantis signed a bill that lawmakers hope will alleviate the state's rising insurance costs, improve transparency in the claims process and reduce "frivolous," lawsuits, according to a release from the governor's office.

DeSantis also signed a second bill that changes structural inspections and financial reserve requirements for condominium associations.

"These bills will help stabilize a problematic market, help Floridians harden their homes through the My Safe Florida Home Program and pave the way for more choices for homeowners," DeSantis said in a release.