Former Senator Jeff Brandes and I shared a meal and chat with the Independent Insurance Agents of Central Florida at their October 2023 luncheon. As I prepared my remarks, I reflected on the many calls I receive from agents on …
The Florida Legislature was in Tallahassee over the past two weeks to begin a staggered six-week series of legislative committee meetings in preparation for the start of the 2024 session on January 9. But it …
In an effort to improve the health and competitiveness of Florida’s property insurance market, regulators last week approved another transfer of policies from state-backed Citizens Property Insurance Corporation to private market carriers. …
Homeowners insurance companies continue to adjust their Florida portfolios as Hurricane Ian claims climb another $2 billion in three months, a global reinsurance company says the growing number of coastal residents is driving Florida’s increasingly expensive …
As the state-backed Citizens Property Insurance Corporation awaits a formal decision by regulators on its revamped 11.5% homeowners insurance rate hike request, its efforts to shed policies to the private market is succeeding …
The insurance consumer and market reforms passed by the Florida Legislature last year and this year are starting to make a difference already but we are another good 12-18 months away from seeing the impact on …
Florida homeowners insurance rate hikes are outpacing any in the nation, how actual cash value roof policies could lower premiums, the new insurer accountability act is now law, regulators release the new catastrophe …
In our last newsletter we reported that FEMA had just released more data on the National Flood Insurance Program’s (NFIP) Risk Rating 2.0: Equity in Action, its new model for better pricing …
Another Florida property insurance company has joined more than a dozen others in the last year who placed moratoriums on writing new business or left the state altogether. People’s Trust Insurance told insurance agencies …
I follow several Florida insurance agents and their dedication to their customers and the overall insurance market. One of these agent leaders is Jake Holehouse whose dad was an icon in the industry. I have known Jake since he was …
