Floridians for Lawsuit Reform has announced that recent property insurance reforms are reducing frivolous lawsuits, lowering property and auto insurance premiums, and attracting more insurers to Florida's market.
According to Florida’s Property Insurance Stability Report from the Office of Insurance Regulation (OIR), the 2022 laws Senate Bills SB 2-A and SB 2-D, along with House Bill 837 in 2023, have significantly altered litigation rules in property insurance cases. For example, HB 837 repealed "one-way" attorney fee statutes and limited assignment of benefits. These changes make it harder for third parties to initiate lawsuits post-loss and reduce the incentive for inflated or frivolous claims. The report finds these shifts are contributing to fewer lawsuits and more manageable costs for insurers, helping stabilize premiums.
Data from the Florida Office of Insurance Regulation show that the homeowners’ insurance market is experiencing much less upward pressure on rates. In 2024, the state recorded the lowest average homeowners’ premium increase in the nation at about 1%, compared to many other states with much steeper hikes. Since January 2024, 29 homeowner companies have filed for rate decreases, and 44 companies have requested no change or 0% increases. This reflects insurers anticipating less risk under a reformed litigation environment. Experts credit legislative reforms tightening rules around attorney fees, assignment of benefits, and bad-faith claims for creating this path toward lower premium growth.
On the auto insurance front, reforms appear to be benefiting consumers. As of mid-2025, Florida’s top five auto insurance writer groups (covering approximately 78% of the market) filed for an average -6.5% rate change for 2025, down from a +4.3% average increase in 2024 and much higher increases in 2023. Additionally, the personal auto liability loss ratio dropped to 53.3% in 2024, the lowest in the nation, suggesting fewer large payouts, less litigation, or better underwriting practices. These improvements are attributed by regulators to historic legislative reforms passed in Florida.
Floridians for Lawsuit Reform is an advocacy group focused on ending abuse in the legal system and bringing down insurance costs for homeowners and motorists. According to its public messaging, the group supports reforms that limit excessive litigation, promote fairness in how legal fees and assignments are handled, and encourage healthier competition in insurance markets. By amplifying data-driven evidence of rate decreases, declining lawsuits, and more companies entering the market, Floridians for Lawsuit Reform aims to show that reform is not just theoretical but having measurable effects for ordinary Floridians.