Regulators report Florida’s property insurance market is continuing to stabilize following legislative reforms that have resulted in fewer and less severe lawsuits with associated lower …
Governor DeSantis makes a splash in Bermuda with the reinsurance community, the “tort reform dividend” to Floridians is promoted nationally, another auto insurance company drops rates again, plus Citizens Property …
Prior to the elimination of assignment of benefits (AOB) contracts in property claims, contractors used no-price AOB contracts. When the insurer refused to pay the inflated estimate, the contractor would sue the insurer. Under Florida’s …
The Governor and insurance commissioner announce nearly $1 billion in auto insurance premium credits and rebates to Florida consumers “that would have been going to attorneys’ wallets” as even more auto rate cuts …
Governor DeSantis is predicting there won’t be another attempt in the Florida Legislature in its upcoming January session to undo the 2022 and 2023 consumer insurance and litigation reforms nor make any other major changes. “They didn’t …
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 …
Hurricane Helene and Milton Florida insurance claims now total $7.3 billion with more than 90% of claims closed, Citizens Property Insurance reports continued success in its depopulation and new agent clearinghouse while litigation declines, Uber …
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 …
There’s further – some might say ultimate – proof that the Florida Legislature’s property insurance consumer reforms of 2022-2023 are having their desired effect in reducing costly, often frivolous lawsuits against insurance …
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 …
