Update: Demotech Evaluating 2019 Results of Florida Carriers, Expects ‘Many’ Downgrades March 4, 2020 By Joseph L. Petrelli Ratings agency Demotech is currently reviewing the 2019 fourth quarter earnings and year-end financials of the Florida insurers it rates...
Florida Carriers Seek Staggering Rate Increases Amid Market Turmoil February 25, 2020 By Amy O'Connor It’s no surprise that Florida carriers are raising homeowners’ insurance rates given several years of catastrophes and losses from litigation...
Commentary: It’s Time to Reform the Florida Cat Fund, Give Consumers Rate Relief February 5, 2020 By Jay Neal Floridians currently pay the highest homeowner’s insurance rates in the nation, and no one should be surprised by this. Florida...
Florida Legislative Session 2020: Insurance Bills to Watch January 16, 2020 By Amy O'Connor The Florida insurance industry will be focused on several key issues this session, including reform for auto glass (windshield) assignment...
Florida Legislative Preview 2020: Industry Calls On Lawmakers to Reform Lawsuit Abuse January 16, 2020 By Amy O'Connor The Florida Legislature started its 2020 legislative session this week and lawmakers are set to consider a number of insurance-focused...
More Than a Dozen Florida Insurers Facing Ratings Downgrades January 9, 2020 By Amy O'Connor The rating agency responsible for assigning financial stability ratings (FSR) to more than 40 Florida domestic insurers has warned that...
Commentary: As Flood Threat Grows, Florida Must Mandate Flood Risk Disclosure August 14, 2019 By Guy McClurkan The climate is changing, and it has become abundantly clear that Florida is going to be badly damaged in the...