Florida’s special legislative session on property insurance begins Monday. Florida lawmakers, except for its leaders and those in the governor’s office, don’t know what’s being proposed.
This is backroom politics at its best – perhaps at its worst. Who knows? I was hoping to report something to our readers. While I have literally spent four hours working and talking to our company’s lobbyists and others, I don’t think more than a handful know what is being proposed, and maybe a handful are trying to figure it out. Unfortunately, I cannot report more.
A leader in Sun-Sentinel, Another special session for insurance. And now what?, noted:
As of Friday at 4 p.m., no bills had yet been posted on the Florida Legislature̵7;s website for the property insurance special session. The scheduled week-long session begins on Monday.
This is not good government. Floridians shouldn’t expect dramatic relief from whatever lawmakers pass. We all know better because we’ve seen this movie before.
Seven months ago, lawmakers met in a special session to update the insurance legislation they had passed two years ago. Back in May, everyone agreed that even in the best case scenario, home owner premiums would not drop. But if the hurricane season wasn’t too bad, they might not go up too much in 2023.
Given the complexity of insurance, a functioning legislature would begin by obtaining as reliable information as possible about the problem. It would begin with extensive committee hearings well in advance of the regular session and continue with as much debate as possible.
I hope for more later tonight or in the morning.