Floridians for Lawsuit Reform announced that since the passage of House Bill 837 (HB 837) in 2023, property litigation in Florida has decreased by 30%. This reduction has reportedly lowered legal costs and contributed to greater insurance affordability and stability for homeowners. The announcement was made on the social media platform X.
According to Floridians for Lawsuit Reform, the enactment of HB 837 led to a significant decrease in property insurance litigation across the state. The organization states that these reforms targeted unnecessary and abusive lawsuits, which had been major contributors to escalating legal costs and homeowner insurance premiums. This legislative change is credited with fostering a more stable legal environment and setting the stage for more affordable insurance coverage statewide.
The group reports that reciprocals—insurance arrangements where policyholders directly share in risk—have experienced legal expense savings exceeding 15% year-over-year since HB 837 was implemented. They explain that these savings result from significant reductions in litigation expenses and the frequency of legal disputes. These cost reductions are expected to contribute to future premium stability and improved financial performance for reciprocals operating in Florida’s property insurance market.
According to AM Best, one of the insurance industry’s leading credit rating agencies, Florida’s recent legal reforms have begun to ease persistent cost pressures historically contributing to high homeowner insurance rates in the state. AM Best reports that these reforms are encouraging signs for long-term market stability and greater affordability for consumers. The agency highlights that continued implementation and monitoring of such reforms will be critical to maintaining these positive trends in the Florida insurance market.
According to its official website, Floridians for Lawsuit Reform is a nonprofit organization dedicated to advancing transparency, fairness, and balance in Florida’s civil justice system. The group’s mission is to promote legal reforms that reduce lawsuit abuse, control legal costs, and protect both consumers and businesses from excessive litigation. Floridians for Lawsuit Reform supports its advocacy through research, public policy outreach, and ongoing education about the impact of civil justice reforms in Florida.