Florida flips from crisis to comeback
Archive story from the 2026-06-08 edition. This is the reporting as filed; source publication and event dates may differ. Check the dated storyline for subsequent developments.
Florida now has more than 30 active homeowners carriers, litigation down roughly half since reform, and rate cuts averaging 14.5%.
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.
Why it matters
The "carriers are fleeing" story the whole industry has priced in is reversing in the biggest CAT market. More carriers and less litigation changes claim behavior, settlement appetite, and the AOB/representation landscape you operate in.
Our assessment
More carriers writing in Florida reads like the market healing, and on availability it is. Watch what the recovery gets used to justify. A carrier-friendly market has less reason to settle a disputed scope quickly, and reform that halved litigation also halved the homeowner's leverage. Track your own days to payment and supplement approval rate this year, and see whether the comeback reaches your bank account.
Saved stories and followed topics stay in this browser. No account sync or email alerts.
Trade press / Regulator High confidence at publication
What changed
Storyline: carrier exits
What changed the carrier-exit arc has inverted to carrier re-entry in FL/CO.
Read next
Terms in this story: AOB (Assignment of Benefits)