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The Independent UK

National

Brendan Farrington

DeSantis signs bill seeking to stabilize insurance market

Ron DeSantis Insurance Citizens Florida Republican

Copyright 2022 the Associated Press. All rights reserved.

Republican Gov. Ron DeSantis signed a sweeping property insurance bill on Friday. How much and when it will work to stabilize the stormy market is another question.

One of the key goals of the legislation is to keep the claims process from ending up being settled in courtrooms, a problem that DeSantis said drives up legal costs for insurers.

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