Florida says 20 carriers have entered since the reforms, and suspended one for offshoring claim files
Florida's regulator reports 20 new property and casualty insurers since the legislative reforms, and separately suspended a company for sending claims data to unlicensed entities overseas.
Florida's OIR reported on May 20, 2026 that 20 companies have entered the market since the legislative reforms. Separately, on March 24, 2026, the Commissioner ordered the suspension of Mirra Health for shipping sensitive claims and enrollment data to unlicensed entities in India and the Philippines.
Why it matters
The carrier-count number is the one Florida keeps repeating, and it is the number the reform-worked argument rests on when other states debate copying it. Worth holding next to what this desk has tracked on paid severity: more carriers writing is not the same as more money reaching a job. The suspension is the more interesting item for a contractor, because offshore claims processing is a live and largely unexamined practice. If your supplement is being reviewed by a vendor the carrier never disclosed, the file you are arguing with may not be handled where you think it is.
The read
Twenty carriers entering Florida is the headline the reform crowd wants, and it tells you nothing about what lands in your account. The item worth keeping from the same newsroom is the suspension: a company got shut down for shipping claim files to unlicensed shops overseas. Next time a supplement comes back with reasoning that does not sound like an adjuster, ask in writing who reviewed it and where.
How we got here
Storyline: carrier exits 8 stories so far
- 1 earlier story on this storyline
- Florida flips from crisis to comeback
- California: policyholders pay more while the watchdog gets leashed
- California FAIR Plan strains under luxury-home exposure
- The industry just posted its best year in a decade, homeowners swung to a $16.8B profit
- Florida's insurers are finally healthy, the claim checks got smaller anyway
- Heritage FL: from 241K policies to 112K, and 28.5% higher earnings
- Florida says 20 carriers have entered since the reforms, and suspended one for offshoring claim files You are here
Read next
Sources Florida Office of Insurance Regulation newsroom, floir.gov/newsroom: "Commissioner Announces New Property & Casualty Insurers" () and "Commissioner Orders Suspension of Mirra Health" ().
Regulator/Gov primary, the state regulator's own announcements. Medium confidence
Terms in this story: Supplement