Florida OIR Approves 31.5% ‘Catch-up’ Rate Increase for TRUE, Despite Missed Filings August 1, 2025 By William Rabb Florida’s Office of Insurance Regulation this week approved an average 31.5% increase in homeowner rates for Trusted Resource Underwriters Exchange...
Demotech’s Petrelli Responds to WSJ Article. Others Say it Echoes Old Concerns July 30, 2025 By William Rabb Reactions to a recent Wall Street Journal article, which faulted the Demotech rating agency for giving top marks to a...
Florida Property Insurance Premiums Surged 34% Since Late 2022 June 17, 2025 By William Rabb Newly posted data from Florida regulators show that, in the last three years, the number of personal property insurance policies...
Complaints About Florida Insurers Have More Than Doubled in 5 Years, or Have They? May 19, 2025 By William Rabb Consumer complaints about property-casualty insurers in Florida have more than doubled in the last five years and are on track...
Heritage Files Libel, Defamation Suit vs. Adjuster After ’60 Minutes’ Report April 30, 2025 By William Rabb Six weeks after Tampa-based Heritage Property & Casualty Insurance Co. filed a libel suit against a whistleblower claims adjuster, the...
More Floridians Moving Out Due to Housing, Insurance Costs, Cotality Report Says April 24, 2025 Florida’s elected leaders have long touted the “1,000 people a day” moving into the state. But that trend shows signs...
Consultant Sheds Some Light on MGA Fee Report at Florida Legislative Hearing April 4, 2025 By William Rabb A Florida House of Representatives panel went straight to the source of a consultant’s report that has caused widespread concern...
McCarty Critical of Consultant’s Report on MGAs, as Average Premiums Drop in Florida March 25, 2025 By William Rabb Amid an uproar over reports that Florida property insurance companies had shifted profits to affiliated firms while rates rose and...
Florida House Panel Approves ‘Two-Way’ Attorney Fees, Aims at 2022 Reforms March 21, 2025 By William Rabb Three bills that would chip away at or substantially reverse 2022 and 2023 reforms on attorney fees and medical damages...
Florida Bill Would Limit AI in Claims Denials, Extend Bar on Execs, Raise Surplus Levels March 19, 2025 By Insurance Journal Staff Reports After years of rising insurance premiums, anger from homeowners, and recent reports about some property insurance carriers’ alleged diverting of...