Bill > S1612

This bill proposes to remove a specific limitation on how much a public adjuster can charge for their services when handling a claim filed with the Citizens Property Insurance Corporation, which is a state-run entity designed to provide property insurance to Florida residents and businesses who cannot obtain it through private insurers. Currently, public adjusters are limited to charging no more than 10 percent of the additional amount paid by Citizens beyond their initial offer for any given claim, but this bill would eliminate that cap, allowing public adjusters to negotiate their fees without this restriction.