“We think the time is right for you all to explore the [Florida] flood insurance market.”
That was the message Florida Senator Jeff Brandes gave insurance industry attendees at the first ever Florida Flood Insurance Conference on Dec. 9 in St. Petersburg.
Brandes added that lawmakers are doing what they can to make the Florida flood market attractive and accommodating to private insurers.
“Our goal is to have 10 private insurers or more in Florida selling flood insurance in the next 24 months, and with your help we think we are going to get there,” Brandes said.
The Florida flood insurance market has become an expensive problem for homeowners, and it’s getting more expensive every year, according to lawmakers including Brandes and Florida Insurance Commissioner Kevin McCarty.
Brandes, a Republican, represents District 22 of Florida that includes Pinellas and Hillsborough counties. He has been leading the charge among Florida lawmakers to change Florida’s approach to flood insurance.
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http://www.insurancejournal.com/news/southeast/2015/12/30/393327.htm
