SB 1330 - Relating to Residential Property Insurance - 2011 by Hays -Deregulates insurance rates in the State of Florida. In other words, companies don’t have to get approval for their rates from the Office of Insurance Regulation. Insurance carriers would be allowed to increase customer rates by as much as 30% per year without OIR approval. Related Bill: HB 0885 - Relating to Residential Property Insurance by Wood

SB 408 - Relating to Property And Casualty Insurance - 2011 by Richter CoSponsors: Hays CS Sponsors: Banking and Insurance

-Eliminates the requirement that insurance companies offer sinkhole coverage. Also shortens the time period by which you have to file a claim. Reduces the amount of money you will get up front when you file a claim and creates more hoops to jump through before you can get your final replacement costs. Related Bill: HB 0803 - Relating to Property and Casualty Insurance by Wood