A memo from the Florida Office of Insurance Regulation (OIR) touts the benefits of recombining all insurance regulation under one agency, experts discuss the impact of tariffs on the insurance landscape, and …
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 …
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 …
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 …
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 …
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 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 …
Citizens Property Insurance continues its streak of handing-off policies to the private market, regulators reveal changes to Florida’s storm mitigation discount credits, plus an alternative to workers’ compensation insurance may be offered Florida …
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 …
