Fla. House OKs bill on properties covered by state-backed insurer

04/30/2013 | PropertyCasualty360

A revised version of a Florida Senate measure that would alter properties' eligibility for coverage by the state's Citizens Property Insurance has gained House approval. The proposal is "another incremental step forward in the attempt to make Citizens the insurer of last resort by reducing the amount of policies entering into our bloated residual marketplace," said PCI's Donovan Brown.

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