With Florida's legislature expected to enact yet another package of insurance reforms, targets of those reforms complained that the state should instead focus its attention on holding insurance companies responsible for making fair and timely claims payments. Public adjusters, contractors and plaintiffs attorneys accused insurers of prioritizing profits over people at a conference of roofing, solar and storm restoration contractors in Fort Lauderdale on Friday.
Startup company Slide Insurance has announced a deal to take over more than 72,000 policies from United Property & Casualty, which is exiting Florida and several other states. The deal would make Slide, an "insurtech" company that boasts use of cutting-edge data analysis to write customized policies, one of Florida's 10-largest insurers by policy count.