"That would be welcome news to millions of Florida homeowners suffering under backbreaking increases in property insurance costs over the past several years. The Insurance Information Institute, a nonprofit organization funded by large insurers, estimated in 2023 that Florida homes cost $6,000, THREE TIMES the national average, to insure." (Article link below.) http://www.sun-sentinel.com/2024/03/14/reduce-insurance-costs-by-25-south-florida-backers-push-bill-they-say-would-do-it/