Florida ReformsBear Fruit as Premium Rates Stabilize
Triple-I: Homeowners Insurance
MARCH 4, 2025
Floridas legislative reforms to address claim fraud and legal system abuse are stabilizing the states property/casualty insurance market, according to the latest Triple-I Issues Brief. The average risk-adjusted cost for 2024 was -0.7 The cost of reinsurance also continues to decrease for Florida carriers.
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