Gov. Scott Calls for Lower Title Insurance Rates

07/19/2011 5:01 PM | Anonymous
In his signing letter for HB 1007, which created a mechanism for dealing with title insurer insolvencies, Governor Scott pointed out his opposition to the provisions passing the cost of dealing with insolvencies on to consumers and called on the cabinet to join him in lowering title insurance premiums commensurate with the assessment. 

FLTA will be working with the Governor and members of the Cabinet to prevent an arbitrary rate adjustment not supported by a proper data call and evaluation. 

A copy of the Signing Letter can be reviewed here

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