Gov. DeSantis wants insurance market problems fixed before diving into Citizens
Florida special session, Governor Ron DeSantis, Homeowner's Insurance, Insurance Regulation News, Florida Legislature, Citizens Property Insurance Corporation
News & Updates
Citizens Property Insurance Corporation
Effective Dates Key to Special Session Reforms
The Florida legislature has released its multi-faceted proposals for reforming Florida’s property insurance market. The proposed legislation includes temporarily expanding available capacity from the Florida Hurricane Catastrophe Fund, incentivizing loss mitigation through windstorm protective devices, increasing regulatory oversight for distressed insurers, and curbing Florida’s litigation crisis by rebalancing attorneys’ fee incentives. To effectively address Florida’s […]
Cat Fund reform is crumbs, Floridians need a feast: Demotech’s Petrelli
property insurance, Florida special session, Demotech, Florida CAT Fund, Insurance Regulation News, Florida Legislature, Citizens Property Insurance Corporation
Governor’s Proclamation Outlines Scope of Session
Governor Ron DeSantis’ proclamation declaring a special session on property insurance identifies its scope and provides insight into the upcoming debate. The proclamation specifies the special session will consider (a) property insurance, (b) reinsurance, (c) changes to the Florida Building Code to improve the affordability of property insurance, (d) the Office of Insurance Regulation, (e) […]
Cabinet meets over Florida’s dysfunctional insurance market and lingering Russian investments
Insurance Regulation News, roofing claims, David Altmaier, Florida Cabinet, property insurance, Office of Insurance Regulation, Citizens Property Insurance Corporation
Homeowners insurance: Florida Legislature fails to pass major reform bills. What happens now?
2022 Legislative Session, homeowners, property insurance, Insurance Regulation News, Florida Legislature, Citizens Property Insurance Corporation
Insurers That Assume Insolvents’ Policies Could be Covered by Florida Cat Fund
Insurance Regulation News, Department of Financial Services, Florida Legislature, Office of Insurance Regulation, Citizens Property Insurance Corporation, Insurance Regulation
Citizens’ policies jump as Florida lawmakers seek to steer people to private insurers
homeowners, property insurance, Insurance Regulation News, Office of Insurance Regulation, Citizens Property Insurance Corporation
Florida Lawmakers May Hold Off on More Insurance Reforms, Despite Warnings
property insurance, Insurance Regulation News, Florida Legislature, Florida Hurricane Catastrophe Fund, Citizens Property Insurance Corporation
As property insurance rates skyrocket, Florida ‘insurer of last resort’ seeks to become less attractive
property insurance, Insurance Regulation News, Florida Legislature, Citizens Property Insurance Corporation