Kevin McCarty: Florida’s property insurance market is stabilizing — stay the course
Just a few years ago, Florida’s property insurance market was in serious distress. A combination of excessive litigation, escalating reinsurance costs, and the steady withdrawal of private carriers left homeowners with surging premiums and diminishing options. In response, Gov. Ron DeSantis and the Florida Legislature enacted a comprehensive package of reforms in 2022 designed to restore market stability, rein in abuse, and rebuild confidence among insurers and investors.
Today, those reforms are delivering results.