Recap of Week 5 & Preview of Week 6 of Session
Given the increasing momentum of pro-litigation measures in the Florida Legislature, we are adding HB 881 and HB 947 to this week’s Bill Watch. Despite the fact there are …
Bill Watch
Story Tag: Florida Legislature 2025
McCarty to Legislature: Don’t Overreact
How past reforms are easing reinsurance burdens
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 …
Bill Watch
Recap of Week 4 & Preview of Week 5 of Session
We’re entering the halfway point of the nine-week Florida legislative session. Amid competing tax cut proposals and multi-billion-dollar differences between the House and Senate state budget plans, comes some …
Legislature Tackles 2024 Hurricane Issues
Easing regulation to ease rebuilding
The 2024 hurricane season brought ongoing problems for communities impacted by Hurricanes Debby, Helene, and Milton that still persist months after the storms subsided. Resiliency on the local level is perhaps the greatest imperative in …
HB 1551 is Bad for Florida
By Matthew Lavisky, Esq.
Sometimes, a bill comes clad in sheep’s clothing. But to borrow words from Justice Scalia, “this wolf comes as a wolf.”[1]
For decades, Florida was in an insurance crisis. I read the Internet commentary discussing …
Bill Watch
Recap of Week 3 & Preview of Week 4 of Session
Despite repeated news stories – and now the year-end 2024 report by insurance regulators that net homeowners insurance rates have declined across the Florida market – some state lawmakers …
Florida Homeowners Rates Decline
Proof that costs are coming down, reforms working
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 …
Bill Watch
Recap of Week 2 & Preview of Week 3 of Session
By week’s end, we’ll be a third of the way through the Florida Legislature’s nine-week session. Given that the pre-session committees heard very few bills, lawmakers are rushing to …
Florida Property Insurance: Facts vs. Fear
Exploring the role of MGAs
Given the Tampa Bay Times article and the many questions it’s raised surrounding Florida insurance companies and the role that Managing General Agents (MGAs) play in their operation, I sat down with a veteran Florida …
Insurance Industry Impropriety?
This is a special edition of our LMA Newsletter, devoted to the topic of the ongoing misrepresentation of Florida’s property insurance companies. It started in late February with the Tampa Bay Times story that Florida companies “diverted” billions of dollars …
