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News
Florida home, auto insurance rates down $3B in 2025 after reforms
8+ hour, 14+ min ago (514+ words) A new study finds that Florida policyholders paid nearly $3 billion less for homeowner and auto insurance in 2025 than in 2024. Moore Actuarial Consulting and James Lynch Casualty Actuary conducted the study. “Florida’s legal system abuse reforms are working as intended,” said…...
Blake Harper: With November approaching, Florida must remain a model for tort reform
3+ day, 15+ hour ago (415+ words) In the last six months, the words New York and California have become a byword among those in business, small and large alike. Florida also has become a safe haven for business owners, retirees and even just Middle America workers…...
High Rise Financial study shows Florida has 4th highest malpractice report rate in nation
1+ mon, 1+ week ago (341+ words) Florida has one of the worst rates of medical malpractice reports in America. High Rise Financial, a legal funding company, in a study published this month found Florida had the fourth worst rate of cases of medical malpractice reports in…...
Latin American Association of Insurance Agencies holds its annual convention on Marco Island
1+ mon, 1+ week ago (359+ words) A convention is set for Southwest Florida in the final week of July to help insurance agents deal with the state’s evolving industry changes. The 56th Annual Latin American Association of Insurance Agencies (LAAIA) Convention will draw agency owners, carriers and…...
Florida property insurance claims and lawsuits drop dramatically in 2025
1+ mon, 1+ week ago (256+ words) Property insurance lawsuits in Florida dropped dramatically last year, reaching their lowest numbers in the past decade. The Office of Insurance Regulation (OIR) published its semiannual Property Insurance Stability Report showing the number of property insurance claims in the state…...
Leslie Chapman-Henderson: National Insurance Awareness Day — Why resilience is Florida’s best insurance policy
2+ mon, 5+ day ago (516+ words) Every year on June 28, National Insurance Awareness Day reminds us to review our policies, update our home inventories and prepare for the unexpected. After spending 12 years in the insurance industry responding to catastrophes, followed by 28 years advancing disaster resilience, I…...
You hope your house survives the next big storm. So do European investors.
2+ mon, 1+ week ago (466+ words) Florida is heading into hurricane season with a few things going for it. Citizens is smaller than it used to be. The reinsurance market has softened a bit. State officials are pointing to signs of relief. But there is something…...
Gov. DeSantis celebrates Citizens insurance improvements
2+ mon, 1+ week ago (324+ words) Gov. Ron DeSantis says Florida’s insurer of last resort has gone from being a point of concern just a few years ago to being on solid footing today. He noted that the Citizens Property Insurance Corporation secured reinsurance at a…...
Personal insurance organization launches new effort to help Floridians prepare for floods
2+ mon, 4+ week ago (347+ words) Florida is famously at risk of floods, and a new program aims to help residents deal with Mother Nature. The Personal Insurance Federation of Florida (PIFF) is launching FloodReadyFlorida, a site to help residents prepare for floods. The website also…...
Byron Donalds introduces Insurer Scorecard to lower premiums, give consumers info
4+ mon, 1+ week ago (307+ words) Insurance is a big issue for Florida voters, and a candidate for Governor has a novel proposal to bring transparency for homeowners. Byron Donalds introduced an insurer scorecard during a Saturday swing through Pinellas County, which would make Florida the…...