It was a true privilege to attend the recent gathering in Orlando hosted by the Independent Insurance Agents of Central Florida, featuring a fireside chat with Florida Insurance Commissioner Mike Yaworsky. Commissioner Yaworsky brought a rare combination of transparency, energy, …
Plus, the Cat Fund’s 2026 reinsurance plan
An updated rule was recently proposed impacting Florida property insurance companies, along with an update on plans by the Florida Hurricane Catastrophe Fund (Cat Fund) to pay for next year’s hurricane season.
The …
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 …
Two weeks from today, Florida lawmakers return for two back-to-back weeks of committee meetings, part of the 2026 legislative session that begins on January 13. We know there will be another attempt to roll back the 2022 & 2023 insurance …
McCarty & Petrelli weigh-in
For those of you that follow Florida’s legislative activity, you will recall our weekly legislative updates from March to May 2025 and how incredibly contentious the relationship was between the Governor’s office and the Florida House …
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 …
Florida’s new Chief Financial Officer Blaise Ingoglia begins his second full week in office today with a vow to “work hard for taxpayers and consumers,” following his appointment by Governor DeSantis. Most recently a Republican state senator from Spring Hill …
Debunking common myths + helpful advice
In our mid-June newsletter, we reported that more than 90% of Hurricane Helene and Milton claims were now closed, with 56% of Helene residential claims closed without payment, and about 43% of Milton …
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 …
Recap of Week 9 & Interim Adjournment of Session
This edition’s Bill Watch will close out the 2025 legislative session reports on bills that would change public policy. On Friday, May 2, legislators in both chambers had finally agreed on …