The last ray of hope: A 'make or break' Florida special session
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The last ray of hope: A 'make or break' Florida special session

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The special legislative session to be held the week of May 23 is the last chance Florida insurers and reinsurers have this year for some desperately needed reform to the stricken homeowners’ market.

As the state market currently stands between aggressive plaintiff bar behavior, the pending reinsurance rate rises and capacity shortages, alongside restraints from regulators around rates, the segment is experiencing major financial challenges.

Long

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