Defined term
Florida SB 2A
Florida SB 2A is the 2022 property-insurance reform that imposed a one-year notice deadline for new claims, restricted attorney's-fee shifting, and tightened assignment-of-benefits rules.
SB 2A (effective December 2022) was Florida's response to a property-insurance market widely described as broken — high litigation volume, carrier insolvencies, and rising premiums. Key changes:
- One-year notice deadline for new property-insurance claims (Fla. Stat. § 627.70132); two years for supplemental claims.
- 60-day carrier-response window on first-party claims, with statutory penalties for delay.
- Elimination of one-way attorney's-fee shifting in property-insurance suits.
- Tightened AOB rules — assignments now subject to specific notice and contract requirements.
For policyholders, the practical effect is a shorter window to identify and report damage and a less favorable fee landscape for litigation.
Statutes
- Fla. Stat. § 627.70132
- Fla. Stat. § 627.7142