Thursday, May 26, 2011

Pushing Rope: Rick Scott Signs SB 408

Pushing Rope: Rick Scott Signs SB 408: "The new law allows insurers to raise rate without the approval of the Florida legislature.

Homeowners will have to pay for their own repairs before insurance companies will offer reimbursements. If you can't pay for your own repairs then insurance companies won't reimbursement.

Homeowners previously were allowed five years to file a claim. The new law shortens the time to three years.

The man who pushed for this legislation is Mark Wilson, president of the Florida Chamber of Commerce."

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