Tag: Florida

Florida Insurance Reforms Drive Market Stability Amid Ongoing Challenges

Florida's property insurance reforms are fostering market stability while addressing litigation, accountability, and claims handling to strengthen the sector.

Florida's 2022-2023 Insurance Reforms Stabilize Property Insurance Market

Florida's 2022-2023 insurance reforms have significantly stabilized its P&C market by reducing litigation abuse and attracting reinsurers, according to Insurance Commissioner Mike Yaworsky. The reforms curb assignment-of-benefit abuses and reduce claims litigation, leading to improved market stability and expanded consumer coverage options.

Florida CFO Audit Finds $344M Overspending in Palm Beach County Linked to Property Taxes

Florida CFO audit reveals $344 million in overspending by Palm Beach County government, highlighting significant property tax implications. Read about efforts to control local budgets and tax burdens.

Florida Insurance Summit Highlights Success of Legislative Reforms and Market Recovery

Florida's insurance market shows signs of recovery following 2022-2023 legislative reforms, with reduced litigation and lower rates in property insurance and the preservation of PIP auto insurance.

Florida Proposes State Exchange for Individual Health Insurance with ICHRAs

Florida House panel backs a proposal to create a state-run online exchange for individual health insurance linked to ICHRAs, aiming to expand coverage options and address rising costs.

Florida Homeowners Show Cautious Optimism as Property Insurance Market Stabilizes

Surveys reveal cautious optimism among Florida homeowners as property insurance market sees increased competition and some rate reductions despite ongoing hurricane and premium concerns.

Florida House Advances Property Tax Cut Amendments, Raising Local Funding Concerns

Florida House committee advances constitutional amendments to cut property taxes, sparking debate over local government funding and market impact ahead of 2026 ballot.

Congressional Inaction Threatens ACA Subsidy Stability in Florida

Congressional delays in ACA subsidy legislation risk premium hikes for millions in Florida, threatening insurance market stability and access to coverage.

Florida Proposes Legislation to Restrict Insurance and Licensing for Undocumented Migrants

Florida CFO proposes legislation to restrict driver's licenses, insurance, and workers' comp for undocumented migrants, highlighting regulatory and safety issues.

Timothy Robinson Enters 2026 Democratic Primary for Florida's 13th Congressional District

Timothy Brandt Robinson, a Pinellas County teacher, announces his 2026 Democratic bid for Florida's 13th Congressional District, focusing on housing affordability and healthcare access amid a competitive race.