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Lawsuits against Florida's top property insurers decline. Is it a sign reforms are beginning to work?

Lawsuits against top Florida property insurers declined overall between 2022 and 2023 and insurers say they would have declined even more if Hurricane Ian had not struck the state in September 2022. Insurers say it’s a clear sign that the legislative reforms enacted in 2022 are starting to work even if premiums have not yet […] ....

United States , Fort Myers , Port Charlotte , Cape Coral , Palm Beach , Punta Gorda , Panama City , Lehigh Acres , Joe Ligman , Paresh Patel , Locke Burt , Jim Boyd , Security First Insurance Co , Truck Insurance Exchange , Florida Office Of Insurance Regulation , Kin Interinsurance Network , Slide Insurance Company , Citizens Property Insurance Corp , Homesite Insurance Company , Hurricane Ian , South Florida Sun Sentinel , Sun Sentinel , State Farm Florida , Universal Property , Florida Office , Insurance Regulation ,

Lawsuits against Florida's top property insurers decline. Is it a sign reforms are beginning to work?

Lawsuits against top Florida property insurers declined overall between 2022 and 2023 and insurers say they would have declined even more if Hurricane Ian had not struck the state in September 2022. Insurers say it’s a clear sign that the legislative reforms enacted in 2022 are starting to work even if premiums have not yet followed suit. The South Florida Sun Sentinel analyzed data from a . ....

United States , Panama City , Port Charlotte , Lehigh Acres , Palm Beach , Punta Gorda , Cape Coral , Fort Myers , Jim Boyd , Locke Burt , Joe Ligman , Paresh Patel , Homesite Insurance Company , Slide Insurance Company , Kin Interinsurance Network , Citizens Property Insurance Corp , Truck Insurance Exchange , Florida Office Of Insurance Regulation , Security First Insurance Co , Hurricane Ian , South Florida Sun Sentinel , Sun Sentinel , State Farm Florida , Universal Property , Florida Office , Insurance Regulation ,