A new proposed bill in Florida could leave thousands of condo residents without state-backed insurance if their associations fail to complete mandatory structural integrity reserve studies (SIRS).
A proposed bill in Florida aims to restrict Citizens Property Insurance Corp. from insuring or renewing policies for condominiums that don’t pass inspections.
A new Florida bill aims to deny state-run property insurance to condo associations failing to comply with new building safety laws enacted after the Surfside collapse.