By The Restoration HQ desk · · filed under Carriers & the Market
Florida flips from crisis to comeback
Florida added new homeowners carriers (30+ active now vs. the 2022 low), litigation is down roughly 50% since reforms, and consumers are seeing average rate cuts around 14.5%, with the condo market improving. Colorado is being held up as another availability/affordability reform model.
FORA healthier carrier market means more paid claims and fewer death-by-litigation files, so a stabilizing Florida is good for honest operators.
AGAINST"Reform" that cut litigation in half mostly cut the policyholder's leverage, so a friendlier market for carriers can mean a tougher one for your supplements.
Consensus vs. contrarianContrarian, dated take to own: the carrier comeback narrative will be used to justify tighter claim handling, so the smart operator watches whether paid severity actually rises or just the carrier count.
Sources Insurance Journal, www.insurancejournal.com/news/southeast/2026… (3 new HO carriers, improving condo market); PropertyCasualty360, www.propertycasualty360.com/2026/06/01/flori… Colorado reform: Merlin, www.propertyinsurancecoveragelaw.com/blog/co…
Terms in this story: AOB (Assignment of Benefits)