Key Provisions In Florida's New Insurer Accountability Act

By Jan Larson and Benjamin Malings (September 5, 2023, 3:26 PM EDT) -- On July 1, in a move aimed at strengthening consumer protection and improving insurer transparency, Florida implemented the Insurer Accountability Act. This bipartisan insurance law introduces a range of new duties and obligations for insurance companies and regulatory bodies, alongside increased penalties for noncompliance and willful misconduct.[1]...

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