The Florida Office of Insurance Regulation (OIR) has gone from “optimistic” in January to “confident” today about the impact of the 2019-2023 property insurance reforms passed by the Florida legislature and the positive …
Florida’s property insurance market continues its rebound, reflecting improving financial conditions, as more carriers join the market; Citizens Property Insurance policy count drops below 800,000 amid other encouraging signs; plus a rare rate hearing for …
A new survey shows Floridians are “connecting the dots” between damaging hurricanes and insurance premiums, the costs of catastrophes doubled in the first quarter of 2025 with hurricane season next on …
Florida’s Insurance Commissioner refutes allegations of unjustified hurricane claims denials and approves another new property insurance company, a new rule toughens ethics requirements on residential insurance adjusters, surprising growth in …
We begin this newsletter edition with some over-arching observations about the Florida legislative session, now just past the halfway point. There is increasing contention among lawmakers, even of the same party, on some major issues, including insurance. “What is being …
Former Florida Insurance Commissioner Kevin McCarty weighs-in directly on the MGA controversy, what the recent legislative reforms to Florida’s property insurance market have done for needed reinsurance availability, plus a new study shows …
Florida homeowners insurance rates continued their decline in 2024, ending the year with a net industry average decrease for the first time in two years. The Office of Insurance Regulation (OIR) fourth …
(Editor’s note: This is published with permission from the author, who previously published it on Florida Politics.)
I will continue fighting for truth, transparency, and real solutions while pointing out incomplete or naive information when I see …
After an unusual six-month wait, Florida’s largest property insurance company, state-backed Citizens, learned last Wednesday that regulators reduced their requested rate increase for 2025 by nearly 40%. They didn’t learn it from insurance …
With five weeks to go before the start of the regular 60-day Florida legislative session, some insurance bills are now being filed. One would further restrict bad-faith claims and public adjuster conduct, another would increase policyholder …
