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...
Florida OIR Wants More Data, Warns Insurers About Concurrent Causation Denials February 24, 2025 By William Rabb As consumer complaints have apparently mounted over unpaid hurricane losses, Florida’s top insurance regulator and some lawmakers are signaling new...
Florida Condo Sales Reach 10-Year Low as Median Price Dips, Report Shows January 28, 2025 Florida condominium sales last year reached their lowest point in almost a decade, according to a Florida Realtors report. It’s...
Don’t Touch Fla. Reforms, Panelists Implore, but Maybe Tax Breaks for Elevated Homes December 6, 2024 By William Rabb Regulators, insurance companies and attorneys at the Florida Chamber of Commerce Annual Insurance Summit this week sent a clear message...
Florida Citizens Policy Count Dips Below 1 Million for First Time in Two Years December 5, 2024 Florida’s Citizens Property Insurance Corp. has dropped below 1 million policies in force for the first time since July 2022,...
Florida Regulators Demand Data From Weiss Ratings After Recent Reports on Insurers November 22, 2024 Weiss Ratings, a Palm Beach Gardens financial ratings firm, sparked some outrage from the Florida insurance industry in recent weeks...