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Caption Hollywood building sold at auction Construction on the H3 Hollywood condominium stopped last year, and the building was sold at a foreclosure auction Tuesday. Construction on the H3 Hollywood condominium stopped last year, and the building was sold at a foreclosure auction Tuesday. Privacy Policy It looks like South Florida homeowners should brace themselves for another year of property insurance rate hikes. A legislative bill aimed at driving down costs for insurance companies, and protecting homeowners from endless rate increases, on Tuesday advanced to a final reading in the state House of Representatives. But its passage would be largely symbolic because theres no companion bill up for consideration on the final day committees are scheduled to meet in the Senate. insurance claims help Barring an emergency measure, that guarantees no reform will be enacted for a fifth-straight year to address an issue the insurance industry says is responsible for widespread rate hikes over the past two years. Still, insurers say House passage would be a major step forward. So far, no claims-abuse reform bill has been adopted by the full chamber of either legislative branch. It would represent a pretty significant advance for this issue, said Michael Carlson, president of the Personal Insurance Federation of Florida. It would be the first time we would have a bill pass one chamber with a realistic attorney fee reform provision included. The bill, introduced by Rep.

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