Is insurance contributing to the condo crisis? Florida lawmakers say it’s a problem

/ Owner - December 15, 2024

Two Florida lawmakers blame insurance companies — not new state law — for helping to fuel a condo crisis that has hit owners with rising fees and assessments in high-rise buildings.  State Sens. Jason Pizzo and Jennifer Bradley said the insurance industry is contributing to the higher costs for condo owners. The biggest issue? The cost increases for commercial condo association policies, what coverage associations rely on for shared structures, including the roof.    Read the article…………………………….

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