NU Online News Service, April 27, 2:24 p.m. EDT
The Florida House on Friday night approved and sent to the Senate a measure designed to beef up the finances of the state-created home insurer of last resort and the Florida Hurricane Catastrophe Fund.
A Senate vote on the measure–which was passed 75-to-33 by the House–was expected Tuesday, along with another House bill that was sent to the Senate on Wednesday that would let major insurers raise rates without state approval.
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