John Parce/Realtor at Keller Williams Key West Compass Realty

07/23/2026

Drastic reduction in insurance claims and lawsuits since legislative reforms in 2022 and 2023.

‘Market must continue to organically recover, without fear of any major legislative or regulatory disruptions’ Regulators report Florida’s property insurance market is continuing to stabilize following legislative reforms that have resulted in fewer and less severe lawsuits with associated low...

06/30/2026

Private flood insurance company Neptune to double policy limits up to $15M.

Neptune Insurance, one of the largest private flood insurance providers, has doubled its policy limits on most types of coverage, including limits of up

03/10/2026

Windstorm and auto insurance rates in Florida continue to fall.

Citizens Property Insurance now actuarially sound The feds approve a disaster declaration for Florida agriculture, auto insurance rates in Florida take another dive, the state’s insurer of last resort now has actuarially sound rates in key lines, plus the legislature says ‘no means no’ to door...

02/27/2026

The more options there are for private market flood insurance, the more likely NFIP and political interference will disappear.

Floodbase and Liberty Mutual announced the launch of an instant quoting application for parametric flood insurance in the U.S., allowing wholesale and

02/13/2026

Florida's average insurance rates 14.5% lower than would have been without reform.

Florida's landmark 2022 and 2023 legislative changes have had a big impact on the state's economy, thanks to lowered insurance costs that have freed up

02/02/2026

When will Congress sunset NFIP? It's never been solvent and continues to drag down the market with political infighting.

The clock is ticking on the National Flood Insurance Program—again. The NFIP is part of the federal funding package, which is set to expire at the end of

01/13/2026

Citizens Insurance announces average statewide rate cut in 2026 of 8.7%.

https://www.insurancebusinessmag.com/us/news/property/floridas-citizens-property-insurance-announces-8-7-average-rate-cut-561781.aspx

12/17/2025

Ever more improvement to the Florida property insurance market.

ALIRT, a provider of insurance market research and analysis, recently released its annual review of the Florida domestic property insurance market,