Gallagher Re announced in its 1st View report that a more competitive reinsurance market at the July 1 renewal allowed buyers to secure risk-adjusted rate reductions and improved terms amid increased reinsurer capacity.
The DeSantis Appreciation Society, a user on the social media platform X, announced that Governor Ron DeSantis criticized Florida House leadership for endorsing amnesty, "woke" university policies, and efforts to reverse tort reform.
Floridians for Lawsuit Reform announced on X that it is advising homeowners to watch for signs of contractor fraud during National Contractor Fraud Awareness Week.
Mike Caruso, a state representative for Florida's District 87, expressed concerns regarding HB 1551, stating that it would increase insurance costs, reverse progress in rate stabilization, and lead to more litigation for Floridians.
The Cambo Ferry Law Firm has publicly opposed House Bill 1551, asserting that the proposed legislation could reverse recent reforms and destabilize Florida's property insurance market.