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Insurance Commissioner Altmaier Statement on Governor DeSantis Signing SB 1058, Property Insurer Reimbursements

May 20, 2022

Tallahassee, Fla. - Today, the Florida Office of Insurance Regulation (OIR) released the following statement thanking Governor DeSantis for signing SB 1058, Property Insurer Reimbursements:

“I commend Governor DeSantis, CFO Patronis, President Simpson, and Speaker Sprowls for their leadership on SB 1058. This legislation helps protect consumers by facilitating private market solutions for policyholders of unsound insurers and eliminating potential coverage gaps for collateral protection insurance policies. I am thankful to Senator Hutson and Representative Stevenson for spearheading this effort,” said Insurance Commissioner David Altmaier

About the OIR

The Florida Office of Insurance Regulation (OIR) has primary responsibility for regulation, compliance, and enforcement of statutes related to the business of insurance and the monitoring of industry markets. For more information about OIR, please visit our website or follow us on Twitter @FLOIR_comm.