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The Florida Residential Property Insurance Marketplace - Has the Latest Legislation Limited Litigation?

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Description

PLEASE NOTE: REGISTRATION WILL CLOSE 10 AM ET THE DAY OF THE WEBINAR. DUE TO HIGH VOLUME OF DEMAND, WE ARE ONLY ABLE TO GUARANTEE A SEAT TO THOSE WHO REGISTER 48 HOURS AHEAD OF THE WEBINAR TIME.

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.
Registration Information and Fees

PLEASE NOTE: REGISTRATION WILL CLOSE 10 AM ET THE DAY OF THE WEBINAR

Registration Fees (in U.S. Dollars) Received on/by
April 11, 2024
Received after
April 11, 2024
Individual $50 $75
Multiple Connections**
(Unlimited internet connections for individuals working for the same company. Please note that audio for this presentation will be streamed via the web)
$600 $650

*Multiple Connection Registrations should contact Mallory Peebles directly at
mpeebles@casact.org. The registering party for the Multiple Connection Registration will be responsible for distributing all event details to attending individuals within their company.

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Your registration entitles you to access CAS’ webinar programs for which you have registered. By registering to attend the webinars, you agree not to sell, transfer, or otherwise share your webinar access link and/or code unless such sharing is authorized by CAS. You further agree not to record or broadcast CAS’ webinar programs without advance written authorization by CAS.

Cancellations/Refunds
Registrations fees will be refunded for cancellations received in writing through email, refund@casact.org, by April 18, 2024 less a $25 processing fee.

CAS Continuing Education Policy
The CAS Continuing Education Policy applies to all ACAS and FCAS members who provide Actuarial Services. Actuarial Services are defined in the CAS Code of Professional Conduct as “professional services provided to a Principal by an individual acting in the capacity of an actuary. Such services include the rendering of advice, recommendations, findings or opinions based upon actuarial considerations.” Members who are or could be subject to the continuing education requirements of a national actuarial organization can meet the requirements of the CAS Continuing Education Policy by satisfying the continuing education requirements established by a national actuarial organization recognized by the Policy. For further information regarding the CAS Continuing Education Policy please visit the CAS web site.

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Participants should claim credit commensurate with the extent of their participation in the activity. CAS members earn 1 CE Credit per 50 minutes of educational session time, not to include breaks and/or lunch. *The amount of CE credit that can be earned for participating in this activity must be assessed by the individual attendee. It also may be different for individuals who are subject to the requirements of organizations other than the Casualty Actuarial Society.

Contributors

  • Matthew Carletti

    Matt Carletti is a Managing Director and equity research analyst covering property and casualty insurers and reinsurers. Prior to joining Citizens JMP, Matt was a senior research analyst at Macquarie Capital (USA), where he followed the insurance and reinsurance sectors. He previously served in the equity research groups at Piper Jaffrey and Fox-Pitt, Kelton. Matt has previously ranked among the top three stock pickers in the insurance industry, according to the annual FT | StarMine survey of analyst performance. Matt holds a BS from the University of Virginia’s McIntire School of Commerce.

  • Joseph L. Petrelli

    Joe began his insurance career in 1969 as a work-study student at The College of Insurance, working at ISO before it was ISO!. Since that date, Joe has acquired progressively responsible actuarial and financial analysis experience through education, experience, and credentialing. Joe has experience with loss and loss adjustment expense reserve evaluation, product development, and pricing for all P&C and Title insurance products as well as expertise with loss cost filings and Financial Stability Ratings®.

    Prior to founding Demotech in 1985, Joe was employed by Nationwide Mutual Insurance Company, Agway Insurance Company, and Insurance Services Office.

    Joe is a Member in good standing of the Casualty Actuarial Society, Society of Actuaries, and American Academy of Actuaries. Joe has a Bachelor’s of Science in Actuarial Science from The College of Insurance at St. John’s University and an MBA from The Ohio State University.

April 25, 2024
Thu 12:00 PM EDT

Duration 1H 30M

This live web event has ended.

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