Making sense of new insurance and condo reforms
AS PUBLISHED IN FLORIDA TREND
A SPECIAL REPORT by Tripp Scott's Matthew Zifrony, ESQ.
After a string of devastating hurricanes and just 11 months following the Surfside condominium collapse, the Florida Legislature and Gov. Ron DeSantis delivered much needed reforms for Florida’s troubled insurance and condominium industries.
Some say the reforms made during the special session won’t do enough to bring down insurance rates for homeowner associations and consumers. Taken as a whole, however, curbing insurance fraud, bolstering insurer coffers and stabilizing the industry could make Florida more attractive for insurers. Ideally, this should increase competition and lower rates.Read More