NU Online News Service, March 18, 3:06 p.m.EDT

One of several insurance-related bills being mulled by Floridalawmakers would institute flex rating for some insurance lines.

Senate Bill 1330—this year’s attempt at deregulating theresidential property insurance market—would allow some insurers toincrease rates for personal and commercial residential property upto 15 percent statewide, or up to 30 percent on an individualpolicy basis, without approval from the Office of InsuranceRegulation.

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