‘Market must continue to organically recover, without fear of any major legislative or regulatory disruptions’
Regulators report Florida’s property insurance market is continuing to stabilize following legislative reforms that have resulted in fewer and less severe lawsuits with associated lower …
Plus, new regulations & higher lightning losses
The downward trend in Florida homeowners insurance premiums enters its third year, Florida insurance companies are facing new regulation on individually-rated risk and excess rates along with claim mediation practices, losses from lightning …
Plus, readying for hurricane season
State insurance and emergency management officials travel Florida to spread timely tips to residents as we begin a new hurricane season, Commissioner Yaworsky says the condominium insurance market is improving as he releases an updated …
With the Atlantic hurricane season officially beginning two weeks from now, there’s a couple of quick items to share before we take a deeper dive into the FEMA Review Council’s report and its expected impact on Florida, especially with federal …
Insurance Commissioner’s AI call-out
A strong performance by Florida property insurance companies, Florida’s insurance commissioner reveals what he’s doing to track AI use, a roofing contractor settles an accusation of unlicensed public adjusting, catastrophe losses are way down so far …
Two weeks from today, Florida lawmakers return for two back-to-back weeks of committee meetings, part of the 2026 legislative session that begins on January 13. We know there will be another attempt to roll back the 2022 & 2023 insurance …
In our recent reporting of the latest Property Insurance Stability Report by the Florida Office of Insurance Regulation (OIR), we noticed that although OIR provided county-by-county average homeowners and condo unit premiums, there was no statewide average shown. So we …