United States:
Florida Cuts P&C Claims Deadlines By Half
24 March 2023
Squire Patton Boggs LLP
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Dramatic changes to claims administration for Florida property
and casualty (P&C) insurance carriers took effect on March 1,
2023, cutting claim response times in half for both personal and
commercial lines. Gov. Ron DeSantis signed Senate bill 2-A (SB 2-A)
into law on December 16, 2022, which arose from the Florida
legislature's second special legislative session of 2022,
addressing the deterioration of the state's P&C insurance
marketplace. The bill enacts many significant revisions to
claim-governing sections 627.70131 and 627.70132 of the Florida
Statutes.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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