TALLAHASSEE -- Sen. David Simmons said he's cut deal with the House to pass a slimmed down Citizens Property Insurance bill that will mirror the House's less aggressive version -- in exchange for revisiting next year the problems with "wind-only" policies he's harped about for weeks.
The Altamonte Springs Republican said he planned to amend the House bill back onto the Senate version, SB 1770, perhaps this afternoon and send it to the House -- "in messages" so it won't be subject to the parliamentary gridlock that Democrats have used to have each bill read in full.
“I have a handshake commitment to work to solve the issues that I think now the South Florida legislators see has a significant disparity between the wind only and other Citizens policies,” Simmons said Wednesday afternoon after leaving the House chamber.
“I believe many of them were not aware it’s just a certain group of policies that were the offending policies. And we’re going to work to deal with that.”
The main components of the House bill will reduce policy coverage to a max of $700,000 and to create a "clearinghouse" to offload some policies to the private market. Simmons had wanted to raise rates on some of Citizens' nearly 1.3 million policyholders. The Senate passed its language on the House bill last week, and the House sent its version back Tuesday.