Fewer lawsuits, lower rates

Right after the December special session, I sat down with three insurance industry veterans, including Citizens’ Barry Gilway, to discuss their take on Florida’s big property insurance market reforms and their expectations of its impact. The …
End of Special Session on Property Insurance, Hurricane Ian Relief
The Florida Legislature ended its special session this afternoon (December 14, 2022) passing a package of reforms addressing the dire escalating issues in our property insurance market and providing economic …
Special Session on Property Insurance, Hurricane Ian Relief
The Florida Legislature this morning begins its scheduled week-long special session focused on addressing the dire escalating issues in our property insurance market and providing economic relief for Hurricane Ian victims. The …
New study reveals costly consumer consequences
The American Consumer Institute (ACI) has released a new study exposing what it calls “the perverse incentives” driving financial instability in Florida’s homeowner insurance market. It points to the state’s generous fee-shifting policy that …
Further signs of a deteriorating property insurance market
Although no official proclamation had been issued as of last night, the new Florida Legislature is poised to meet a week from today (December 12) in a week-long special session to address …
We read with interest a recent Tampa Bay Times article on the life of a door-to-door salesman. Of particular interest was this line: “The Tampa-St. Petersburg-Clearwater metro area now has the highest concentration of door-to-door sales reps in the nation …
AOBs rising
The Restoration Association of Florida loses the second of its three lawsuits in state court that tried to overturn the legislature’s past insurance consumer protections, one company reports Assignment of Benefits (AOB) lawsuits are up 100%, and veteran …
“Long road to recovery”
Nearly everyone who had a house that didn’t collapse into the ocean or was declared structurally unsafe is back at home following Hurricane Nicole’s landfall November 10 just south of Vero Beach, after an initial landfall …
This past election day, I had the privilege of addressing the Pensacola Association of Realtors who are gravely concerned about the rising costs of property insurance and even more interested in how to “fix” the problems faced by their real …
Fraud warnings sounded early
Less than 24 hours after Hurricane Ian made landfall, Governor DeSantis, CFO Jimmy Patronis, and local law enforcement authorities were warning the public about fraud and unlawful contractor solicitation they may encounter during the cleanup. There’s …