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#AceBreakingNews – The Florida Legislature passed sweeping changes to the state’s property insurance laws today.

Now it’s time for Florida homeowners to wait — and hope their premiums go down.

This week’s legislation, passed during a hasty special session in Tallahassee, is meant to stabilize the state’s imploding property insurance market.

It offers a $1 billion taxpayer-funded aid program for struggling insurers and sharply limits the incentives to sue those companies.

One thing it won’t do — at least any time soon — is lower rates for Floridians, who are paying the highest homeowners insurance premiums in the nation.

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