2024 Webinar - The Florida Residential Property Insurance Marketplace - Has the Latest Legislation Limited Litigation?   - April 25

A review of the potential impact of a series of recent legislative revisions to Florida’s residential property insurance marketplace. Several legislative revisions were made in May and December special sessions in 2022, with a third series of legislative revisions put in place in March and April 2023. Prior to these revisions, information from National Association of Insurance Commissioner’s data base indicated that Florida Homeowners insurance accounted for approximately 8% of the Homeowners claims in the US yet accounted for 75% to 80% of the litigated Homeowners claims in the country.

Learning Objectives:

1. Evaluate the potential impact of legislation on claim procedures and practices.
2. Understand the importance of reinsurance in catastrophe prone areas.
3. Acknowledge how to attract investments.
4. Match assets and liabilities in a difficult marketplace.

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