Florida House OKs Insurance Law Reform, Including Bond-Backed Bailouts

Sigo, Shelly
May 2006
Bond Buyer;5/1/2006, Vol. 356 Issue 32371, p48
Trade Publication
The article reports on the decision of the Florida House to approve sweeping changes to the state's property insurance laws. Changes include a new bond program to bail out insolvent insurers. The legislative bill is expected to bolster the private property insurance market, which has reduced its ranks because of hurricane-related losses.


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