Florida lawmakers will hold a special legislative session December 12-16 in Tallahassee. Lawmakers were already scheduled to be in the Capitol during that week for committee meetings.
According to the News Service of Florida, with the state’s property-insurance system in turmoil, lawmakers could be poised to take major steps to try to stabilize the market during the special session. A formal session proclamation indicated they will consider a series of hot-button insurance issues.
Those issues include trying to curb costs of lawsuits over insurance claims; boosting the availability of critical reinsurance; limiting a long-controversial practice known as assignment of benefits; and bolstering the financial stability of the state-backed Citizens Property Insurance Corp.
Florida Insurance Commissioner David Altmaier expressed optimism this week that litigation-related topics will be addressed during the session.
Detailed bills have not been released for the special session, which starts Monday.