As
every Floridian can tell you, obtaining property insurance in recent
years has been challenging. More and more insurance companies have
dropped their coverage for property owners or they have shuttered their
businesses altogether. In addition, for those home and business owners
who have secured coverage, premiums have skyrocketed.
In December,
Florida lawmakers tried to address the problem by passing Senate Bill
2A, which Governor Ron DeSantis signed in December. The new law took
effect on January 1.