The Florida Legislature was in Tallahassee over the past two weeks to begin a staggered six-week series of legislative committee meetings in preparation for the start of the 2024 session on January 9. But it …
The insurance consumer and market reforms passed by the Florida Legislature last year and this year are starting to make a difference already but we are another good 12-18 months away from seeing the impact on …
Demotech issues a strong report card for its Florida property insurance companies, another carrier enters the marketplace, the reality check that we’re not out of the woods yet, plus the NAIC calls …
Florida’s insurance commissioner comments on claims being closed without payment as he approves more roof endorsements restricting non-storm claims, more Citizens Insurance takeouts are approved, and the surge of surplus lines carriers in the …
The 2022 Florida insurance marketplace reforms are having the desired effect for Citizens Property Insurance, with “significant shifts” reported in litigation. Meanwhile, the state-backed carrier went before regulators at a public hearing last …
Florida Insurance Commissioner Michael Yaworsky has announced the appointment of Sheryl Parker as the Florida Office of Insurance Regulation’s (OIR) first Deputy Commissioner of Market Regulation and Virginia Christy as OIR’s Deputy Commissioner of Property and Casualty. …
Florida’s property insurance market posts another year of $1 billion-plus losses, the insurance commissioner weighs-in on the reinsurance scarcity challenge, while consumers look for ways to reduce coverage and price. It’s all in this week’s …
For the second year in a row, I was invited to address two local Florida Realtors® chapters in Navarre and Pensacola. The members were engaged and extremely concerned about the state of the property insurance market with one explaining that …
Signs of a spike in filed lawsuits to get ahead of expected tort reform, the need for a reinsurance bridge to weather this upcoming hurricane season as Citizens Insurance makes a tough reinsurance buy, …
Governor DeSantis has announced his choice for Florida’s next Insurance Commissioner, nominating Michael Yaworsky to replace David Altmaier, who resigned in late December. Yaworsky is a familiar face, having served as Altmaier’s Chief of Staff …
