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CFO Patronis: Insurance Bill Passes House, Headed to the Governor

3/4/2022

CFO Patronis: Insurance Bill Passes House, Headed to the Governor

TALLAHASSEE, Fla. - Today, Florida Chief Financial Officer (CFO) Jimmy Patronis issued the following statement on the House’s favorable passage of Senate Bill 1058, Property Insurer Reimbursements, sponsored by Senator Hutson. Senate Bill 1058 transfers Florida Hurricane Catastrophe Fund coverage for private market insurers who take on certain policies. The bill moves next to the Governor.

CFO Jimmy Patronis said, “As CFO, I am committed to doing whatever it takes to combat rising insurance rates on Florida families. It is critical Floridians have access to affordable property insurance that they can count on in the horrible circumstance where their home is severely damaged or destroyed. I want to thank Senator Hutson for moving this important legislation forward and thank you to Representative Stevenson for her hard work on the House companion.”

To view CFO Patronis’s 2022 “Born Free” Legislative Priorities, click HERE.
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About CFO Jimmy Patronis 
Chief Financial Officer and State Fire Marshal Jimmy Patronis is a statewide elected official and a member of Florida’s Cabinet who oversees the Department of Financial Services. CFO Patronis works each day to fight insurance fraud, support Florida’s firefighters, and ensure the state’s finances are stable to support economic growth in the state. Follow the activities of the Department on Facebook (FLDFS) and Twitter (@FLDFS).