News
Why property insurance could keep rising in Florida
June 1 is the start of hurricane season. It’s also a deadline for Florida property insurance companies to get their reinsurance in place. What’s happening: Insurance
Unlicensed Southwest Florida Contractor arrested following Hurricane Ian
Chief Financial Officer (CFO) Jimmy Patronis announced the arrest of a Southwest Florida resident on charges of Worker’s Compensation Fraud and Unlicensed Contracting During a
As Lawyers Warned, Florida Courts Flooded with Suits Before Tort-Reform Bill Signed
Just as the plaintiffs’ law firm of Morgan & Morgan warned, the number of Florida lawsuits filed across the state has shattered previous records, topping
Catastrophe reinsurers “in the driver’s seat” for Florida renewal: Stonybrook
Catastrophe reinsurance providers hold most of the cards for the impending Florida renewals at June 1st, with even legislative efforts to improve the situation “missing
Despite lawsuit restrictions, insurance experts say storm risks propelling rising rates
Even after lawmakers pulled the plug on litigation incentives that Florida property insurers have long blamed for rising homeowner rates, there’s more insurance sticker shock
No-win situation for Florida insurers at renewal: ALIRT
Analysts at insurance research firm ALIRT have warned that insurers in the Florida market face a “no-win situation” when they come to renew their reinsurance
Trends and Insights: Addressing Florida’s Property/Casualty Insurance CrisisTrends and Insights:
Reforms put in place in the closing weeks of 2022 and proposed in the first quarter of 2023 suggest Florida is now quite serious about
It’s Time to Roll up Our Sleeves and Rebuild the Florida Insurance Market
With the Florida legislative changes passed in December – prohibiting assignments of benefits and one-way attorney fees – there is now an opportunity to change
There’s a Storm Brewing in Florida’s Insurance Market
Good afternoon, While many along the Gulf Coast are beginning to prepare for the 2023 Atlantic hurricane season, which begins June 1 and runs through