Browsing: Florida House

Florida House members are investigating property insurance companies’ financial practices, focusing on money sent to affiliated firms and shareholders while insurers claim losses. The probe, spurred by a report detailing these transactions, aims to uncover the reasons behind high insurance rates and ensure transparency within the industry.

A special election on April 1 will determine the Republican candidate to run for the Florida House of Representatives District 32 seat, with key issues including health care and property insurance.

House Speaker Daniel Perez has initiated an investigation into the property insurance industry, alleging possible accounting tricks and hidden profits, potentially signaling a shift in legislative focus.