The Florida Legislature this past week began the first of six staggered weeks of legislative committee meetings leading to the start of the formal regular 60-day session on March 7. It coincided with Governor …
Right after the December special session, I sat down with three insurance industry veterans, including Citizens’ Barry Gilway, to discuss their take on Florida’s big property insurance market reforms and their expectations of its impact. The …
Reaction has been very favorable to the comprehensive property insurance market reforms passed by the Florida Legislature in its special session last month. Comments such as “profound” and “historic” and “will really unlock consumer …
Happy New Year to you! We start this first edition of 2023 with a fond farewell to Citizens President, CEO, and Executive Director Barry Gilway, who announced just before Christmas that he will be retiring. While he will likely stick …
The Florida Legislature ended its special session this afternoon (December 14, 2022) passing a package of reforms addressing the dire escalating issues in our property insurance market and providing economic …
The Florida Legislature this morning begins its scheduled week-long special session focused on addressing the dire escalating issues in our property insurance market and providing economic relief for Hurricane Ian victims. The …
The big issue we can argue is what we don’t know about Hurricanes Ian and Nicole. How many residents and businesses had flood damage (which is not covered by most homeowners policies) and didn’t have flood insurance? And …
This past November 30 marked the official end to the Atlantic Hurricane Season, one that saw 14 named storms and due to Hurricanes Ian and Nichole, made 2022 the third-most expensive hurricane season on record. …
The American Consumer Institute (ACI) has released a new study exposing what it calls “the perverse incentives” driving financial instability in Florida’s homeowner insurance market. It points to the state’s generous fee-shifting policy that …
Although no official proclamation had been issued as of last night, the new Florida Legislature is poised to meet a week from today (December 12) in a week-long special session to address …
