TALLAHASSEE, Fla. — Florida lawmakers will return to the Capitol next month to address the state’s property insurance market problems.
Gov. Ron DeSantis announced Tuesday the special session on property insurance will take place May 23-27.
What You Need To Know
- Florida Legislature to return to Tallahassee in May for special session on property insurance
- Special session will take place May 23-27
- Lawmakers to consider legislation on property insurance, reinsurance and building code changes.
The GOP-controlled statehouse is tasked with considering legislation on property insurance, reinsurance and building code changes.
DeSantis wrote that it is necessary to stabilize the insurance market ahead of hurricane season. He also cited various problems with the state's market, including high rates of litigation that drive up premiums and insurance companies recently becoming insolvent.
There have been growing calls for the governor to convoke a special session on property insurance to deal with spiking rates and other issues in the market.
Lawmakers failed to pass property insurance bills during the regular legislative session, which ended in March.
Information from the Associated Press was used in this report.