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Florida home insurance costs unlikely to fall despite reforms to reduce lawsuits, analyst says

Home insurance costs in Florida are unlikely to fall even as reforms enacted by the state Legislature last year drive down litigation rates, a national insurance analyst predicted in a newly released report. The report by Karen Clark & Company, titled “Managing Expectations: Why Florida Homeowners Insurance Premiums Are Not Likely to Go Down,” says rising inflation rates, reinsurance costs and .

Karen Clark gives Florida credit for litigation curbs in new cat model

The model’s top-up for bogus litigation came ‘much lower’ than Irma & Michael costs.

Study says insurance costs unlikely to fall despite legal reforms

Despite reforms to reduce lawsuits, Florida home insurance costs unlikely to fall, analyst says

Home insurance costs in Florida are unlikely to fall even as reforms enacted by the state Legislature last year drive down litigation rates, a national insurance analyst predicted in a newly released report. The report by Karen Clark & Company, titled “Managing Expectations: Why Florida Homeowners Insurance Premiums Are Not Likely to Go Down,” says rising inflation rates, reinsurance costs and .

Tokio Marine's FICOH to hand ~$400mn Hawaii loss to reinsurers

The carrier is one of a number of small firms with heavy concentration in Hawaii.