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Florida Seeks to Slash Property Insurance Rates

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Florida Seeks to Slash Property Insurance Rates

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Florida Seeks to Slash Property Insurance Rates

Florida Seeks to Slash Property Insurance Rates

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Florida lawmakers pass a plan that could cut property-insurance rates up to 40 percent. As James Call of Florida Public Radio reports, they hope the legislation will reverse hurricane-fueled increases many residents say have threatened to price them out of their homes.