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State Legislatures New Legislation Property Insurance

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (7/21)

Cozen O'Connor on

After State Farm rate hike, legislators are pressured to provide relief. Here’s what could be on the table. - “Gov. JB Pritzker wasted no time in calling on state legislators to do something about rising insurance rates...more

Alston & Bird

Servicers Take Note: Louisiana Now Allows Insurers to Offer Borrowers Stated Value Property Insurance Policies

Alston & Bird on

What Happened? Mortgage servicers should take note that on June 30, 2025, Louisiana Governor Jeff Landry signed into law HB 356 (2025 La. Acts 480) creating the Stated Value Policy Act (the “Act”) which allows insurers to...more

DarrowEverett LLP

Aging Florida Condos Provide Developers With Strategic Opportunities

DarrowEverett LLP on

In the wake of the 2021 Surfside condominium collapse, Florida enacted sweeping changes that affect condominium governance, structural maintenance requirements, and reserve funding obligations. These changes have not only...more

Morris, Manning & Martin, LLP

Georgia Senate Introduces Bill to Expand Homeowner’s Insurance Renewal Notice Requirements

Senate Bill 35 would amend O.C.G.A. § 33-24-46 to increase the notice period that insurance companies must provide to homeowners before non-renewing a property insurance policy from 30 to 60 days. The Bill made it out of the...more

Shumaker, Loop & Kendrick, LLP

Shumaker Advisors 2022 Florida Legislative Session Weekly Newsletter, Week Six

The sixth week of Florida’s 2022 Legislative Session concluded today in Tallahassee. There are now three weeks remaining in this year’s session, during which time legislators are set to tackle budget negotiations and debate...more

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