Plus, a new report on Florida’s post-reform insurance saving
Fresh concerns about Florida insurance regulators’ revamped wind mitigation inspection form, new research on the cost savings from the property insurance market reforms plus a prediction on future savings this year, …
Governor highlights growing market affordability
Citizens Property Insurance is ordered to lower its 2026 rates even further, as the insurance commissioner and Governor tout growing affordability in Florida’s property insurance market; a new report shows claims lawsuits and costs continue …
Plus, a new study on small hail damage
A new report shows Florida’s insurance consumer and litigation reforms positively affected the price of reinsurance this hurricane season, Citizens Insurance accuses certain plaintiff lawyers of using “misinformation” in their quest to …
In our recent reporting of the latest Property Insurance Stability Report by the Florida Office of Insurance Regulation (OIR), we noticed that although OIR provided county-by-county average homeowners and condo unit premiums, there was no statewide average shown. So we …
Plus, why some people are giving up insurance
Gallagher Re says Florida’s recent legislative reforms led to more available and affordable reinsurance this hurricane season, new hurricane models are making their debut, plus a survey finds a sizeable number of …
Recovery steady with declining rates, say regulators
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 …
Plus, FORTIFIED homes show true insurance savings
Florida reinsurance remains at reasonable prices for the second hurricane season in a row, a new study helps prove insurance savings from FORTIFIED-built homes, there’s a new push for federally-backed mortgages to accept …
Plus, the latest changes in mitigation discounts
There are new concerns that recent legislation my leave Florida condominium buildings underinsured, more changes are in the works to homeowners insurance mitigation discounts, plus the state catastrophe fund releases new numbers on …
Plus, a proposed alternative to workers’ comp
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 …
Plus, pushback on federal insurance regulatory intrusion
The California wildfires could negatively impact homeowners insurance rates in Florida this year, Gallagher Re warns of a “new normal” for annual insured losses from catastrophes, plus the big pushback from the insurance …