With virtually no debate and barely a word of discussion, a final committee in the Florida House on Tuesday signed off on a bill to create a clearinghouse designed to shift commercial insurance policies out of Citizens Property Insurance Corp. and into the surplus lines market—an effort that could significantly reshape Florida’s property insurance landscape.
Just days before new rules were set to take effect, a federal judge on Friday froze key parts of the U.S. Health and Human Services Department’s planned overhaul of the Affordable Care Act marketplace.
With virtually no debate and barely a word of discussion, a final committee in the Florida House on Tuesday signed off on a bill to create a clearinghouse designed to shift commercial insurance policies out of Citizens Property Insurance Corp. and into the surplus lines market—an effort that could significantly reshape Florida’s property insurance landscape.
