CHANGES TO CITIZENS INSURANCE COULD AFFECT THOSE WITH WIND INSURANCE IN MONROE COUNTY
On Dec. 14, the Florida Legislature passed the special session bills concerning property insurance, Hurricane Ian disaster relief, and toll discounts. Senate Bill 2A, the property insurance bill, includes several significant changes to the state-backed Citizens Property Insurance Corporation (Citizens). Citizens hold a majority of the wind insurance policies in Monroe County.
For Citizens policyholders, it’s important to know that Senate Bill 2A includes the following changes:
After the final legislative vote, the Speaker of the House indicated more work on insurance would be done during the regular legislative session starting in March 2023.
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