Florida Senate Legislation Encourages Private Market Flood Insurance
The Florida Senate recently passed a bill that would encourage private insurers to offer flood insurance, possibly providing thousands of homeowners with relief from the federal government's National Flood Insurance Program premiums. The bill's sponsor, Sen. Jeff Brandes, R- St. Petersburg, said "It is time for Floridians to control our own destiny and lead the nation with a free-market flood insurance program," as quoted in the Palm Beach Post.
