Cat Fund increase ahead
Property insurance rates and premiums really are going down for most Florida homeowners, the Cat Fund is poised to increase rates on reinsurance it provides to property insurance companies, plus Florida regulators release a batch of …
It was a true privilege to attend the recent gathering in Orlando hosted by the Independent Insurance Agents of Central Florida, featuring a fireside chat with Florida Insurance Commissioner Mike Yaworsky. Commissioner Yaworsky brought a rare combination of transparency, energy, …
Plus, consumers giving higher marks to property insurers
Florida’s new wind mitigation forms and discounts continue to evolve, the federal government eases rules on insurance coverage for roofs on properties seeking federally-backed mortgages, and a new JD Power study reflects …
Plus, pushback on wind mitigation regulation
An early end to a hurricane assessment fee on Florida property insurance policies, the “big ask” that Florida regulators are making to insurance companies, a new crackdown on unlicensed warranty companies in the Sunshine …
Plus, a new report on Florida’s post-reform insurance saving
Fresh concerns about Florida insurance regulators’ revamped wind mitigation inspection form, new research on the cost savings from the property insurance market reforms plus a prediction on future savings this year, …
Plus, Florida agriculture ‘devastated’ by the deep freeze
The recent cold snap may have cost Florida farmers up to $1.5 billion, surplus lines insurance companies report declining premiums, Citizens Property Insurance is returning to being the insurer of last resort, …
Plus, former condo manager arrested for fraud
Florida farmers await a cold weather disaster declaration from federal agriculture officials, regulators announce another drop in Florida auto insurance rates, and a former South Florida condominium property manager is accused of a …
Role of third-party litigation on insurance costs
New insights and perspectives on Florida’s property insurance reforms and what lies ahead in this new year, how Florida’s lessons on auto insurance are being applied in New York, Alabama has just quantified …
Governor highlights growing market affordability
Citizens Property Insurance is ordered to lower its 2026 rates even further, as the insurance commissioner and Governor tout growing affordability in Florida’s property insurance market; a new report shows claims lawsuits and costs continue …
Citizens to drop rates in 2026
Hurricane Milton claims continue to rise, Citizens Property Insurance’s policy count reaches a new low as it prepares to file its first rate decrease in 10 years, plus the role ongoing depopulation is playing …