Statura Intelligence
DeSantis Signs Bill to Push More Commercial Policies Out of Citizens
Surplus lines insurers are companies largely exempt from state regulations, and their rates and policies aren’t reviewed by the Office of Insurance Regulation. As of May 31, surplus lines carriers covered 778,000 policies in Florida, including 88,314 homeowner policies and 147,5…
TALLAHASSEE – Condos and commercial buildings covered by state-run Citizens Property Insurance Corp. could be more easily transferred to lightly regulated surplus lines companies under a bill signed by Gov. Ron DeSantis late Tuesday.
The bill (SB 1028) was initially opposed by Insurance Commissioner Michael Yaworsky, who wanted tighter oversight powers over the surplus lines carriers that would be taking policies out of Citizens.
Opening excerpt. Read the full story at WLRN — Politics ↗
Sourced from WLRN — Politics · indexed by Statura on June 18, 2026. Statura indexes Florida political news and tags it by industry and jurisdiction so government-affairs teams can monitor signal without scanning every outlet by hand. Read the full story at WLRN — Politics ↗