Florida Sunshine: Big Improvement in Combined Ratio in 2025, Gallagher Says
loss ratios, Florida insurance market, property insurance, Insurance Regulation News, Citizens Property Insurance Corporation
Radey is an AV-rated firm consisting of lawyers who practice before state agencies and in all state and federal courts.
loss ratios, Florida insurance market, property insurance, Insurance Regulation News, Citizens Property Insurance Corporation
Michael Yaworsky, Depopulation, Insurance Regulation News, Florida Legislature, Office of Insurance Regulation, Citizens Property Insurance Corporation
Office of Insurance Regulation, insurance affiliates, MGAs, property insurance, Insurance Regulation News, Citizens Property Insurance Corporation
The Florida Office of Insurance Regulation has proposed revisions to rule 69O-171.011, now referred to as the Property Claims Lifecycle Data Call. OIR intends to adopt the changes effective January 1, 2026. The updated form adopts reporting fields for information such as the firm of a plaintiff’s attorney, the jurisdiction of each case filed, and […]
Florida property insurance market, property insurance, Insurance Regulation News, Florida Hurricane Catastrophe Fund, Citizens Property Insurance Corporation
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 […]
property insurance companies, Florida property market, Michael Yaworsky, SB 2A, insurance commissioner, Florida Chamber of Commerce, Insurance Regulation News, Citizens Property Insurance Corporation
Florida property market, property insurance, Insurance Regulation News, Florida Legislature, Citizens Property Insurance Corporation
Florida hurricane season, Insurance Regulation News, Florida Hurricane Catastrophe Fund, reinsurance, Citizens Property Insurance Corporation
The Florida House of Representatives has passed a bill seeking to unwind key provisions of the 2022 insurance reforms that have led to recent improvements in the market. The House amended Senate Bill 832 to include a so-called “prevailing party” attorneys’ fee provision despite clear statements from the Office of Insurance Regulation, the Governor and […]