Behind the scenes, this was excellent legislative work to minimize legal system abuses, which had become quite the industry in FL.
Lower the cost for insurers to operate in FL, and ratepayers see the benefits.
Grok had this to say:
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SB 2-A (2022, property insurance focus):
Banned post-loss Assignment of Benefits (AOB) for policies issued after Jan. 1, 2023 — This stopped homeowners from assigning claims to contractors/public adjusters who often inflated repairs and filed aggressive lawsuits.
Eliminated “one-way” attorney fees in property insurance disputes — Previously, insurers often paid the plaintiff’s fees even if they lost; now parties generally cover their own.
Shorter claim filing deadlines (e.g., 1 year for new claims vs. 2), faster insurer response times (e.g., pay/deny in 60 days vs. 90), and other anti-fraud/claims process tweaks.
HB 837 (2023, broader tort reform affecting auto, property, and general litigation):
Shortened the statute of limitations for negligence claims from 4 years to 2 years.
Eliminated or restricted “phantom damages” (awarding damages for medical bills beyond what was actually paid/owed).
Reformed attorney fee calculations (lodestar method as presumptively reasonable; ended routine multipliers).
Modified comparative negligence rules and added protections (e.g., presumptions against liability for third-party crimes in secured properties).
Bad faith claim changes (e.g., safe harbor if insurers tender policy limits quickly).
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Basically, it stopped people from gaming the system and put a bunch of billboard lawyers out of work.
I'm OK with that
USAA is returning $1 billion to Florida policyholders due to Florida’s successful market reforms.