Legislative Action Center


Update: July 28

FLORIDA REGULATORS ANNOUNCED A “STOPGAP” PLAN TO MAKE SURE FLORIDA HOMEOWNERS CAN MAINTAIN COVERAGE!!

This plan would use an exception in Fannie Mae and Freddie Mac standards that applies when reinsurers take responsibility for paying claims IF insurers go insolvent.  State-backed Citizens would temporarily provide such reinsurance for companies downgraded by Demotech.

Learn more about the Florida Insurance Guaranty Association, the agency that handles the claims of insolvent insurance companies, at https://figafacts.com/



Update: July 26

Anticipated ratings downgrade of 17 property insurance companies has been DELAYED! 

Your voice has been heard but this is not where we stop, we continue to fight.

We continue to ask you to do the following:

  1. Complete the Call to Action yourself
  2. Share the Call to Action in your company and your circle of industry professionals
  3. Share the Call to Action with Florida Homeowners and Realtors
  4. Follow FAMP on social media platforms:  Twitter, LinkedIn, Facebook, and Instagram (handle: @ourfamp). 
  5. Like, share, comment on Social Media.  Politicians respond to Twitter – retweet and tag.