A new year always ushers in new legislation. The first of the year sees the enforcement of a few newly enacted legislation. One of the new legislation has the goal of making the property insurance system more stable across the entire state.
Long before we were pummeled by Hurricane Ian with its tremendous winds and enormous downpours, Florida’s insurance business was facing issues, and then just a few weeks later, we were hit by Hurricane Nicole, which caused significant damage.
Policyholders are exempt from having to sign claims over to contractors after it was decided during a special session held in December to make an effort to better control claims. And while we’re on the subject of the state legislature, any judge or lawmaker who leaves their position after January 1and within six years after leaving office is prohibited from engaging in lobbying activities.
Also beginning the following week is a new law designed to protect children. Within the first three weeks of their lives, all newborns are required to have a cytomegalovirus (CMV) test. CMV is the infectious agent that is responsible for most cases of birth abnormalities in the United States.
A further one of the new rules extends the toll road discount for motorists who make frequent use of the toll roads. At a Florida residence, a mother is suspected of stabbing and killing her daughter, who was three years old.
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Those individuals who use toll roads and reach the threshold of 35 transactions or more each month will be eligible for a discount of fifty percent. When it comes to filing taxes, an increased number of individuals will have the option to do so electronically.
The new law adjusts the minimum amount that must be paid. The fee for filing tax returns electronically has been reduced from $20,000 to $5,000. Instead of publishing legal notices of public meetings in printed publications, local governments can now do so on a website that is easily available to the general public.
In the new year, legislators have promised to make additional legal adjustments to the insurance difficulties that affect the entire state. In the coming year, Florida legislators have committed to working more on solutions to the problems facing the insurance business.