Florida Lawmakers Ready for Another Shot at Litigation Funding Limits
Florida Legislature, Insurance Regulation News, 2022 reforms, litigation reform, third party investors, class action lawsuits
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Florida Legislature, Insurance Regulation News, 2022 reforms, litigation reform, third party investors, class action lawsuits
Governor Ron DeSantis continues to support the property insurance reforms adopted in late 2022. This is not surprising considering that following the reforms existing insurers have increased their appetites for additional policies, rate levels have moderated and started to decline, approximately 14 new companies have entered the market, and Citizens Property Insurance Corporation has seen […]
In an opinion piece in Florida Politics this week, former state Senator Garrett Richter identified Florida’s 2022 statutory reforms as the critical foundation of Florida’s improving property insurance market. He noted that from 2017 to 2022, Florida’s property insurance market devolved into one of the worst in the country. More than a dozen insurers became […]