Early 2022 Florida legislation was ‘slightly positive’ but more help is needed: AM Best
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Early 2022 Florida legislation was ‘slightly positive’ but more help is needed: AM Best

Farhin Lilywala
08 December 2022
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AM Best has said that passed legislation from May’s special session “did not go far enough” to address the challenges facing Florida’s property market, adding that next week’s session must combine substantive long-term legislative reforms with immediate fixes to address the crisis.

Next week’s session, set to take place on December 12-16, must consider how to make Florida attractive to national insurers and reinsurers – incentivizing companies to expand their appetite for Florida risks, the ratings agency wrote in its latest...

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Topics

News Regulation Florida Hurricane Property
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Farhin Lilywala
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