7 trees fell on his Tampa home. What now?
When a neighbor called Sean Young to tell him several trees had collapsed on his roof amid Hurricane Milton’s howling winds, he sped home from…
Read more
Experts say Florida insurance market can handle another hurricane this year — and stay healthy
Despite warnings from two leading insurance rating agencies that Hurricane Milton weakened or threatened Florida’s troubled home insurance market, local experts say the market can…
The future of flood insurance in Florida after Hurricane Helene
BRADENTON, Fla. — After living in his Bradenton home for 20 years, Bryan Zoller is about to do a first. “I’ve never made a claim…
Revolutionizing Flood Insurance with CoreLogic® Flood Risk Score
Rising floodwaters pose a significant threat to communities and economies worldwide, making flood insurance a vital component of risk management. However, accurately assessing flood risk…
Growing Nationwide Trend of States Requiring Flood Disclosure
Hundreds of thousands of Americans already live in homes that have flooded. And a home that has flooded once is likely to flood again. Unfortunately,…
Despite discount dispute, FEMA says ‘get flood insurance, Southwest Florida’
SOUTHWEST FLORIDA — As peak hurricane season quickly approaches, and with many experts calling for an above-normal season, FEMA is sharing, what it feels, is…
6 things to know about insurance after Hurricane Beryl kicked storm season into high gear
Hurricane Beryl’s record-smashing appearance as the earliest ever Category 5 Atlantic hurricane — and one of the fastest to transform into a monster storm —…
Your insurance costs won’t climb so high this year. All bets are off if we get a lot of hurricanes.
It’s so Florida. A yearslong effort to stabilize the home insurance industry is finally paying dividends, according to state officials and insurance insiders, just as…
CFO Jimmy Patronis answers viewer questions on My Safe Florida Home Program
TAMPA, Fla — ABC Action News Anchor Nadeen Yanes continues her conversation with Florida’s Chief Financial Officer, Jimmy Patronis. His office oversees the Florida property…
Senator Rick Scott: Floridians Deserve Flood Insurance Tax Relief
As flood insurance premiums continue to rise in Florida and around the country, Senator Rick Scott introduced legislation to provide tax relief for Americans who…
Heritage Insurance ‘striving to improve’ after failures to policyholders
The Florida Office of Insurance Regulation has leveled a $1 million fine on Heritage Insurance, citing several failures to policyholders in the aftermath of Hurricane…
Reduce insurance costs by 25%? South Florida backers push bill they say would do it
Two longtime South Florida political leaders are pushing a congressional bill they say would immediately lower the cost of homeowner property insurance by about 25%…
Neptune Flood expands offerings
Private flood insurer Neptune Flood has expanded its offerings with the introduction of an excess flood insurance product tailored for residential, commercial, and condominium (RCBAP)…
Thousands of U.S. homes have flooded over and over again. Here’s where.
The number of U.S. properties that have flooded numerous times continues to rise, according to newly released federal data, in the latest sign of the…
U.S. Senate Budget Committee announces investigation into Citizens Insurance
The chairman of the Senate Budget Committee has opened an investigation into Florida’s Citizens Property Insurance Corp. and its ability to pay claims for “climate-related”…
Approval of thousands of property insurance policies taken from Citizens means ‘good news’ for Florida, experts say
Florida property insurance experts say the approval of four insurance companies to take as many as 125,000 policies from Citizens Property Insurance is another sign…
Community Disaster Resilience Zones Build Resilience Nationwide, Create New Opportunities for Bipartisan Infrastructure Law Benefits
WASHINGTON — Last month, FEMA announced the designation of 483 community census tracts as Community Disaster Resilience Zones (CDRZ), as directed by Congress in the Community Disaster…
Sen. Rick Scott Introduces Legislation to Improve Affordability of Flood Insurance
WASHINGTON, D.C.—Today, Senator Rick Scott introduced the Flood Insurance Affordability Act, which would require the Federal Emergency Management Agency (FEMA) to offer Floridians an option…
Biden-Harris Administration Urges Public to Stay on Alert, Stands Ready to Respond to Hurricane Idalia
WASHINGTON — Under President Biden’s leadership, the Biden-Harris Administration has mobilized 1,500 federal personnel, more than 540 Urban Search and Rescue personnel and three Disaster Survivor Assistance…
Democratic Town Hall guest: Stop finger-pointing in insurance crisis
Expert says the insurance market shows encouraging signs. Florida property owners might be paying the country’s highest property insurance rates. Still, a Florida insurance expert speaking…
News Source: South Florida Sun-Sentinel Author: Ron Hurtibse Date Published: January 28. 2023 State Farm Florida is the third-largest property insurance company in Florida, by policy count.…
What if everyone had Citizens Insurance for their home
News Source: South Florida Sun-Sentinel Author: Roy Hurtibise Date Published: January 15th, 2023 Why not just expand state-run Citizens Property Insurance Corp. to cover all homeowners in Florida? It’s…
News Source: E&E News Date Published: December 15th Author: Thomas Frank Hundreds of thousands of Florida property owners face requirements to buy flood insurance under a…
Florida Senate Committee Passes Reform Bill; Would Make Citizens ‘Noncompetitive’
News Source: Insurance Journal Author: William Rabb Date Published: December 13th A Florida Senate Committee spent about two hours Monday reviewing a sweeping property insurance reform…
FEMA reports NFIP has paid $793m in claims so far following Hurricane Ian
News Source: Reinsurance News Date Published: November 29th Author: Kane Wells The U.S. Federal Emergency Management Agency (FEMA) has reported that the National Flood Insurance Program (NFIP) has…
News Source: Tampa Bay Times Author: Jim Saunders Date Published: November 15th TALLAHASSEE — Despite pounding parts of the East Coast, Hurricane Nicole will not hit Florida’s insurance…
News Source: Insurance Journal Author: William Rabb Date Published: November 8, 2022 One of the largest providers of reinsurance for Florida carriers is predicting major increases in rates…
Thanks to Ian, we’re all going to pay more for insurance next year
News Source: South Florida Sun-Sentinel Author: Ron Hurtibise Date Published: October 16 Hurricane Ian didn’t break Florida’s property insurance market. Insurers have the capacity to pay claims from…
News Source: Claims Journal Author: WIlliam Rabb Date Published: October 11 While some analysts are predicting that the property insurance industry will be able to manage Hurricane Ian…
Fla. mulls home insurer rating options
News Source: Insurance NewsNet Date Published: October 7th Responding to public officials who have lashed out at the state’s largest homeowners insurance ratings agency over its…
As Floridians recover from Ian, most homeowners in the state do so without flood insurance
News Source: CBS News Author: Irina Ivanova Date Published: October 4th Many Florida homeowners starting the arduous recovery from Hurricane Ian will do so without the benefit of flood insurance,…
Who’s at Fault?
News Source: Insurance Newsnet Date published: August 31st Without a hit from a major hurricane, annual underwriting losses from property insurers in Florida eclipsed $1 billion in 2020 and…
News Source: Florida Politics Author: Gray Rohrer Date Published: August 29 A 0.7% assessment on all non-auto insurance policies will begin Jan. 1, 2023 and last throughout the…
News Source: South Florida Sun Sentinel Author: Ron Hurtibise Date Published: August 15th So here we go, Florida. Peak hurricane season is bearing down on us like…
News Source: Tampa Bay Times Authors: Lawrence Mower, Alex Harris Date Published: August 12 TALLAHASSEE — Florida’s crumbling homeowners insurance market is exposing one of the state’s…
News Source: S&P Global Date Published: August 9th Florida property and casualty insurers will continue to face a myriad of challenges despite the sudden creation of a temporary…
Pew Charitable Trusts & U.S Chamber of Commerce Letter
Date Published: August 2nd The Pew Charitable Trusts and the U.S. Chamber of Commerce—together with planners, engineers, developers, and leaders from business associations, local government…
State guaranteeing insurance claims through hurricane season to counter downgrade risk [South Florida Sun-Sentinel]
News Source: Insurance News Net [South Florida Sun-Sentinel] Author: Ron Hurtibise Date Published: July 27th Florida homeowners won’t lose their insurance coverage or face force-placed policies if their…
Insurance company ratings downgrades delayed, Demotech tells state officials
News Source: Insurance News Net (Florida Sun-Sentinel) Author: Ron Hurtibise Date Published: July 25th A slew of ratings downgrades for Florida-based insurers won’t be happening Tuesday after…
Florida Insurers Face Ratings Change That Could Raise Costs
News Source: NBC South Florida Author: Associated Press Date Published: July 23rd A ratings agency has plans to downgrade more than two dozen Florida-based property insurance companies in…
Neptune Flood announces partnership with SIAA
News Source: Reinsurance News Author: Kassandra Kimenez-Sanchez Date Published: July 20th, 2022 AI-driven flood insurtech Neptune Flood has announced a new partnership with SIAA (Strategic Insurance…
Florida property insurers file rate reductions with state. But will your premiums fall?
News Source: News 6 WKMG Author: Louis Bolden Date: July 7th A state program created after a special legislative session on property insurance is supposed to pass on…
Governor, Florida Cat Fund Board Agree to Raise Premiums for Insurers
News Source: Insurance Journal Date Published: July 1st Florida property insurers have another cost increase to manage after the Florida Hurricane Catastrophe Fund was approved…
FL homeowners face still-rising property insurance premiums; regulators review hefty rate hikes
News Source: Florida Phoenix Author: Laura Cassels Date Published: June 27th, 2022 More increases in property-insurance premiums are in the pipeline for Florida homeowners, whose property-insurance costs…
‘This is not a survivable market.’ Insurance crisis hits Fla.
News Source: Climate Wire Author: Thomas Frank Date Published: June 22, 2022 Three years ago, FedNat Insurance Co. decided it was smart business strategy to expand deeper…
Has your house or apartment flooded before? In Florida, good luck finding out
Has your house or apartment flooded before? In Florida, good luck finding outAs an unnamed storm drenched Miami-Dade earlier this month, some people were shocked…
After a flood, renters have few options for help in Miami-Dade.
News Source: Miami Herald Author: Alex Harris & Anacaona Rodriguez Martinez Date Published: June 20 Nora Trujillo ticked off the losses from the flood on…
Florida Plaintiffs Claim Victory after Dropping Suit to Block SB 76’s Solicitation Ban
News Source: Insurance Journal Author: William Rabb Date Published: June 14th, 2022 When the Florida Legislature approved Senate Bill 76 last year, with its restrictions…
FL’s insurer of last resort faces hurricane season with shortfall of reinsurance coverage
News Source: Florida Phoenix Author: Laura Cassels Date Published: June 14th, 2022 Like some private insurers, Florida’s state-run property insurance corporation has been unable to acquire all the…
Agents may not know all aspects of Florida’s new property insurance law, consumers say
News Source: WKMG News 6 Author: Louis Bolden Date Published: June 13th, 2022 ORLANDO, Fla. – It’s been just over two weeks since the governor signed an insurance bill…
Wave of Florida homeowners forced to use Citizens Insurance
News Source: WBTV Author: Matt Sczesny Date Published: June 9th, 2022 WEST PALM BEACH, Fla. — Homeowners in Florida are signing up for Citizens…
Insurance is driving up costs for condo associations
News Source: 10 Tampa Bay Author: Libby Hendren Date Published: June 8th, 2022 ST. PETERSBURG, Fla. — If you’ve been shopping for a place to live,…
Amid turbulence in FL property insurance market, homeowners still have options — but not many
News Source: Florida Phoenix Author: Laura Cassels Date Published: June 7, 2022 With the first named storm of the 2022 hurricane season — Alex — already leaving its…
Florida’s new laws on property insurance and condo safety may not give homeowners relief
Source: WUSF Public Media Author: Sarah Mueller Date Published: May 29, 2022 Some lawmakers and industry analysts worry the new laws don’t deliver relief fast enough and don’t…
Fears mount that many insurers might not be financially prepared for hurricane season, despite reforms
Source: South Florida Sun-Sentinel Author: Ron Hurtibise Date Published: May 28, 2022 While most Floridians kick off summer by enjoying a long Memorial Day weekend, executives of financially…
Florida Insurance Groups Divided on Proposed Special Session Bill
Source: Insurance Journal Author: William Rabb Date: May 22, 2022 Florida’s insurance community appears to be split, at least to some degree, on the impact that two draft…
Consumer advocates push accountability for bad actors, assistance for homeowners ahead of Special Session
Source: Florida Politics Author: Jacob Ogles Date Published: May 23, 2022 Advocates say lawmakers need to look beyond Summer and storm season. As lawmakers return to…
FL lawmakers unveil property-insurance fixes but market has ‘further devolved’
Source: Florida Phoenix Author: Laura Cassels Date Published: May 22, 2022 Creating a $2 billion reinsurance fund to help insurance companies pay catastrophic claims is a good…
As climate in FL sets ‘new normal,’ cost of property insurance will separate haves and have-nots
News Source: Florida Pheonix Author: Laura Cassels Date Published: May 19, 2022 Florida lawmakers poised to act against soaring property-insurance rates may address allegations of insurance fraud and…
Policy changes approved by state insurance commissioner violate policyholders’ rights, lawsuit says
Source: South Florida Sun-Sentinel Author: Ron Hurtibise Date Published: May 18, 2022 Changes to terms of home insurance policies approved by Florida Insurance Commissioner David Altmaier violate…
FL CFO Press Release: WHAT THEY ARE SAYING – Florida Leaders Applaud CFO Patronis’ Anti-Fraud Initiatives Ahead of Special Session
Source: Office of Florida’s Chief Financial Officer Jimmy Patronis Date Published: May 17, 2022 Today, leaders from throughout Florida applauded Chief Financial Officer (CFO) Jimmy Patronis on…
State lawmakers hold second special session to work on Florida’s property insurance troubles
News Source: WUSF Public Media Author: Mattew Peddie, Dinorah Prevost Date Published: May 17, 2022 Homeowners are paying more for less coverage as insurance companies ditch customers. Others…
When Florida’s Property Insurers Fail, Few Ask Why
News Source: Tampa Bay Times Author: Lawrence Mower Date Published: May 17, 2022 TALLAHASSEE — As state lawmakers meet next week to try to fix the spiraling property…
68,200 Home Insurance Policies to be Canceled as Hurricane Season Begins
New Source: South Florida Sun-Sentinel Date Published: May 14, 2022 Author: Ron Hurtibise Florida’s property insurance crisis is about to hit home for tens of thousands of…
Marion County Woman says Age of Water Heater Made Getting Insurance Difficult
News Source: News 6 – WKMG / Click Orlando Date Published: May 12, 2022 Author: Louis Bolden News 6 broke the news several weeks ago that some insurers…
Analysts calls for shock tactics to scare lawmakers into passing meaningful home insurance reform
Publisher: South Florida Sun-Sentinel Author: Ron Hurtibise Date Published: May 4, 2022 A national insurance industry research analysis firm is calling for the global reinsurance industry to shock…
Premiums for Florida Cat Fund to Jump 12% This Year, Report Shows
Source: Insurance Journal Author: William Rabb Date Published: April 26, 2022 Premiums paid to the Florida Hurricane Catastrophe Fund are expected to increase by more than 12% later…
Consumer Alert: Contractor Fraud: A Threat to Market Stability
Author: Tasha Carter, Florida’s Insurance Consumer Advocate Date: April 11, 2022 Insurance rates are skyrocketing and majority of homeowners are feeling the impact. Higher…
South Florida Homeowners In The Midst Of A Property Insurance Crisis
Source: CBS 4 Miami Author: Joan Murray Date Published: April 5, 2022 FORT LAUDERDALE (CBSMiami) – George Colbert has lived 16 years in his Wilton Manors home. As…
State-Run Insurer Seeks 11% Rate Hike Request Comes as Private Market’s Turmoil Continues
Source: Insurance News Net Date Published: April 2, 2022 Citizens Property Insurance Corp., the state-run “insurer of last resort,” is proposing an across-the-board rate hike of…
Grim New Developments Reveal More Trouble in Florida Home Insurance Market
Source: South Florida Sun-Sentinel Author: Ron Hurtibise Date: March 29, 2022 Florida’s home insurance availability crisis continues to claim new victims, and worries are mounting…
Insurance customers, do you like rate hikes? Then you’re going to love upcoming surcharges to pay for companies’ failures
Source: South Florida Sun Sentinel Author: Ron Hurtibise Date Published: March 6, 2022 For home insurance customers, the hits just keep coming. On top of a series…
Check your Insurance Policy: It may cost you thousands to replace your storm-damaged roof
Source: South Florida Sun-Sentinel Author: Ron Hurtibise Date: Monday February 7, 2022 Will your home insurance policy pay to fully replace your roof if it’s…
Hurricane Catastrophe Fund Reform Could Save Insurance Consumers $1 Billion a Year, Backers Say
Source: Sun-Sentinel Author: Ron Hurtibise Date: January 29, 2022 Florida home insurance customers could get a substantial break from rising rates — saving about $150…
Florida Senator Tries Cat Fund Changes to Cut Cost of Property Insurance
Source: Insurance Journal Author: William Rabb Date: January 28, 2022 Seeing no action on bills that would address Florida’s spiraling property insurance problems head-on, one…
World’s First Crypto Mortgage? Homeowners’ Insurers Don’t Hate It
Source: Insurance Journal Author: William Rabb Date: January 26, 2022 If homeowners’ insurance carriers weren’t facing enough issues this year, here’s one more to think about:…
Thousands of Citizens Insurance Customers to Get Takeout Offer from Newly Created Home Insurer
News Source: South Florida Sun-Sentinel Author: Ron Hurtibise Date: December 9, 2021
NFIP Authorized through February 18, 2022
On Thursday, December 2, 2021, Congress passed a continuing resolution (CR) to fund the federal government and authorize the National Flood Insurance Program (NFIP) through…
Opinion: Private Flood Insurance: An Opportunity for Congress and Consumers
Flooding is the most common and costly natural disaster in the United States. According to the Pew Charitable Trusts, flood-related disasters have cost more than…
Get ready to dig deeper: Despite reforms, insurers warn consumers that more rate hikes are coming
News Source: South Florida Sun Sentinel Author: Ron Hurtibise Date: October 24, 2021 Homeowners hoping for an end to steep property insurance rate increases next year might as…
25% of Infrastructure Under Flood Risk in 30 years; FEMA Wants Input on Standards
News Source: Insurance Journal Author: William Rabb Date: October 13, 2021 Just as new research shows that a fourth of the critical infrastructure in the U.S.…
Ida is already one of history’s most expensive storms. Here’s how it will affect your insurance rates
News Source: South Florida Sun Sentinel Author: Ron Hurtibise Date: September 13, 2021 Florida might have dodged a bullet from Hurricane Ida, but consumers in the Sunshine State…
Press Release: FAIR Calls on Congress to Enact NFIP Reforms
FOR IMMEDIATE RELEASE Federal Association for Insurance Reform (FAIR) sends Letter to Congress: NFIP Reauthorization, Risk Rating 2.0, & Affordability This morning, FAIR sent a…
Florida Homeowners Face Spike in Insurance Renewals
Source: Insurance Business Magazine Author: Lyle Adriano Date: August 9, 2021 Those looking to renew their homeowners’ insurance in Florida are being blindsided by significant premium increases, as…
The Surfside condo that collapsed was vulnerable to sinking earth, engineers say. Your house might be too.
Source: South Florida Sun Sentinel Authors: Mario Ariza and David Fleshler Date: August 7, 2021 Just days after the collapse of the condo tower in Surfside, an obscure…
Can You Afford a New Roof? If Not, You Might Not Be Able to Find Home Insurance
Source: South Florida Sun Sentinel Author: Ron Hurtibise Date: July 25, 2021 Tony Lilly can’t find a private market insurance company willing to insure the…
Citizens Insurance Wants More Home Inspections, Which Could Drive Up Owners’ Costs
News Source: South Florida Sun Sentinel Author: Ron Hurtibise Date: July 13, 2021 More customers of state-run Citizens Property Insurance Corp. could be required to…
Still need insurance as Elsa approaches? Here’s what you need to know
News Source: Tampa Bay 10 Author: Emerald Morrow Date: July 1, 2021 TAMPA, Fla — With Hurricane Elsa picking up pace, you might be worried about having enough…
November 12, 2021 Annual FAIR Gala & Benefit
The Federal Association for Insurance Reform (FAIR) 2021 Annual FAIR Gala & Benefit took place on Friday, November 12th, 2021 at the Miami Marriott Biscayne…
Should you drop your home insurer and go to state-owned Citizens?
News Source: South Florida Sun Sentinel Author: Ron Hurtibise Date: June 26, 2021 State-owned Citizens Property Insurance Corp. is becoming the go-to insurer for Florida homeowners besieged by…
Home insurance canceled or not renewed? Beware of force-placed coverage
News Source: South Florida Sun Sentinel Author: Run Hurtibise Date: May 24, 2021 Has your home insurance company notified you that your policy is being…
What’s Next for More than 50,000 Florida Homeowners Dropped by Insurance
News Source: FOX 13 Author: Briona Arradondo Date: May 19, 2021 TAMPA, Fla. – With state approval, three Florida companies will drop home insurance policies for more than 50,000…
Floridians could Lose Home Insurance as Hurricane Season Nears
News Source: CBS News Author: Kate Gibson Date: May 20, 2021 As another hurricane season barrels toward the Sunshine State, Florida regulators have cleared the…
Florida insurance companies dropping 50K home insurance customers
News Source: CBS12 News Author: Lexi Nahl Date: May 18, 2021 Click the link to watch the full video. BOCA RATON, Fla. (CBS12) — Three major…
Analysis of Relevant P&C Bill Passed during the 2021 FL Legislative Session
Legislative AnalysisClick here to read FAIR’s analysis of the most relevant bills that passed during the 2021 Florida legislative session, including SB 76, SB 1598,…
As hurricane season approaches, three insurers are canceling thousands of Florida customers
News Source: South Florida Sun Sentinel Author: Ron Hurtibise Date: May 17, 2021 As insurers continue to bemoan heavy claims losses and litigation costs in…
Insurance Reform Proposals Could Hurt Consumers, Critics Say
News Source: South Florida Sun Sentinel Author: Ron Hurtibise Date: April 16, 2021 The next few days will determine whether Florida consumers will lose…
Legislation to Fight Sea Level Rise Goes to Florida Governor
News Provided By: The Washington Post Author: Bobby Caina Calvan Date: April 8, 2021 TALLAHASSEE, Fla. — Legislation hailed as some of the most…
FEMA Unveils New Flood Insurance Calculation
News Provided By: The Hill Article Author: Rachel Frazin Date: April 1, 2021 The Federal Emergency Management Agency (FEMA) on Thursday unveiled changes to the…
You Might Not Lose your Full Roof Replacement Insurance After All
News Provided By: South Florida Sun Sentinel Article By: Ron Hurtibise Date: March 22, 2021 Homeowners worried they’ll have to foot most of the cost…
Florida Property Insurance Industry in Tenuous Financial State, Despite AOB Reform
News Provided by: Florida Record Article by: Michael Carroll February 26, 2021 Restrictions on assignment-of-benefits (AOB) property insurance claims signed into law in 2019 have…
FAIR President Discusses Higher Insurance Premiums with WKMG Orlando
Many Florida Homeowners Hit with Higher Insurance Premiums News Provided by: WKMG Orlando ORLANDO, Fla. – Sharon Landry says she “freaked out” when she opened her…
FAIR 10th Anniversary Virtual Awards Gala
FAIR is proud to have partnered with Arc Broward and Arc Culinary to host the FAIR 10th Anniversary Virtual Awards Gala on Thursday, February 25th,…
New Congressional Legislation Promises Flood-Ready Federal Infrastructure
News Provided by: On3PR New Congressional Legislation Promises Flood-Ready Federal Infrastructure House bill would ensure taxpayer funded infrastructure is built to withstand future flood risks…
Hope Zelinger of Bressler Amery & Ross to Serve as Chair of Property Committee for the FAIR Board of Directors
The Federal Association for Insurance Reform (FAIR), is pleased to announce the appointment of Hope Zelinger, Managing Principal of Bressler, Amery, & Ross- Miami (Bressler), as the…
It’s Time to Reform the Florida Cat Fund, Give Consumers Rate Relief
Opinion Editorial by FAIR Executive Chairman, Jay Neal Published in Insurance Journal Floridians pay the highest homeowner’s insurance rates in the nation. No one should…
More Than a Dozen Florida Insurers Facing Ratings Downgrades
News provided by: Insurance Journal The rating agency responsible for assigning financial stability ratings (FSR) to more than 40 Florida domestic insurers has warned that…
Improving the Transparency of Florida Hurricane Catastrophe Fund’s (FHCF) Ratemaking
The Florida Hurricane Catastrophe Fund’s Ratemaking Formula Report is an “Actuarial Communication” as governed by actuary profession’s U.S. Standards of Practice, specifically #41. Therefore, it…
Florida Homeowners Insurance Market Update
FAIR is deeply concerned about the recently reported operating results of Florida-based insurance companies. We have also heard from a number of affected policyholders of…
Congress Extends NFIP through September 2020
On Friday, December 20th, President Donald Trump signed a bill extending the National Flood Insurance Program (NFIP) through September 30th, 2020. The NFIP authorization was…
FAIR Announces Election of Jay Neal to Executive Chairman of the Board and Former Administrator of the NFIP, Jeffrey Bragg, as Vice-Chairman ~ Paul Handerhan Appointed as President
FORT LAUDERDALE, FLORIDA, November 4, 2019 – The Federal Association for Insurance Reform, a non-partisan insurance consumer advocacy group, today announced the election of Jay…
Security First Insurance Executive Honored by Industry Consumer Advocacy Group
News provided by Security First Insurance: ORMOND BEACH, Fla., Sept. 25, 2019 /PRNewswire/ — The non-profit consumer advocacy group, the Federal Association for Insurance Reform (FAIR) has selected Melissa…
Demotech’s discussion with Kathy Ireland featured at FAIR Annual Gala
News provided by Demotech: COLUMBUS, Ohio, Sept. 12, 2019 /PRNewswire/ — Demotech is pleased to announce that excerpts from its exclusive interview on Worldwide Business with kathy…
FAIR Joins South Florida Delegation’s 2019 Washington, DC Summit
FAIR is proud to participate in the South Florida Delegation’s 2019 Washington, DC Summit. For the past several months, FAIR has collaborated with other members…
Private Flood Gains Ground as Regulation, Technology Drive Change
Best’s Insurance News & Analysis – August 12, 2019 09:58 AM OLDWICK, N.J. – The fledgling market for private flood insurance has made gains in…
FAIR Foundation Virtual Conference Series
FAIR Foundation Virtual Conference Series- Building a Culture of Preparedness September 23 – October 29, 2020 Developing Action Plans and Themes for Real Cultural Change…
Menendez Leads Bipartisan, Comprehensive Flood Insurance Reform Bill
U.S. Senator Bob Menendez, chair of the Sandy Task Force and a senior member of the Senate Banking Committee that oversees the National Flood Insurance…
FAIR Supports Approval of Insurance Omnibus Bill
FORT LAUDERDALE, FL, June 19, 2019 – The Federal Association for Insurance Reform (FAIR), a national non-partisan, consumer advocacy group dedicated to providing insurance consumers…
The House Financial Services Committee Passes Bill to Extend the NFIP for 5 Years
On June 10, 2019, the House Financial Services Committee passed H.R. 3167, the National Flood Insurance Program (NFIP) Reauthorization Act of 2019, extending the NFIP…
President Trump Signs Legislation Passed by Congress Extending the NFIP’s Authorization to September 30, 2019
On June 6, 2019, President Trump signed legislation passed by Congress that extends the National Flood Insurance Program’s (NFIP’s) authorization to September 30, 2019. …
Insurance Consumer Advocacy Group Announces National Expansion and Commits to Address Flood Risk Across the US
WASHINGTON, DC, June 4, 2019 – The Federal Association for Insurance Reform (FAIR), a Florida-based non-partisan consumer advocacy group, today announces its national expansion and…
2019 FAIR Awards Gala & Benefit
FAIR Seventh Annual Awards Gala & Benefit When: Thursday, October 24th, 2019 6:00pm – 10:00pm Where: Fort Lauderdale Marriott Harbor Beach Resort & Spa The…
Leadership Strengthened Through Storms: An Interview with Governor Jeb Bush- The Demotech Difference
On November 29, 2018, the Florida Association for Insurance Reform, FAIR, hosted its Sixth Annual Awards Gala and Benefit. Former Florida Governor Bush delivered the…
FAIR 2019 Founders Award- The Demotech Difference
PRESS RELEASE – FORT LAUDERDALE, FLORIDA, December 17, 2018 The Florida Association for Insurance Reform, (FAIR), today announced the election of former Florida Insurance Commissioner,…
FAIR Announces Election of Former Florida Insurance Commissioner, Kevin McCarty as Chair of the Board of Directors and Co-Chair, Sonja Larkin-Thorne
FORT LAUDERDALE, FLORIDA, December 17, 2018 – The Florida Association for Insurance Reform (FAIR), a non-partisan association advocating for balanced insurance reforms to provide Floridians…
Former Florida Governor, Jeb Bush, to Deliver Keynote Address at the FAIR Awards Gala and Benefit
FORT LAUDERDALE, FLORIDA, November 8,2018 – The Florida Association for Insurance Reform (FAIR), a non-partisan non-profit association advocating for balanced insurance reforms to provide Floridians…
Changing The Approach To Solving Florida’s Assignment Of Benefits Abuse
Jun 22, 2018, 12:43 ET, News provided by Demotech, Inc. COLUMBUS, Ohio, June 22, 2018 /PRNewswire/ — Insurance industry leaders say better collection of data and…
Data challenges Citizens Insurance’ reason for South Florida rate hikes
June 19, 2018, Story by Ron HurtibiseContact Reporter South Florida Sun Sentinel State-owned Citizens Property Insurance Co. is once again seeking to increase annual rates…
Assignment Of Benefits – Continuing The Fight For All Floridians
Join the June 20, 2018 free webinar to hear experts offer real solutions for this costly problem Jun 18, 2018, 12:26 ET, News provided by…
FAIR Annual Awards Gala and Benefit
Featuring a Special Presentation by Keynote Speaker- Jeb Bush FAIR Sixth Annual Awards Gala & Benefit When: Thursday, November 29th, 2018 5:30pm – 9:30pm Where: JW…
Will new federal rules slow PACE of energy-efficiency storm-hardening home upgrade program?
June,13 2018, Story by Ron Hurtibise Contact Reporter South Florida Sun Sentinel Home improvement financing now offered in Florida with no money down and no minimum…
Commentary: Reforms Needed to Protect Florida Policyholders
June 7, 2018, Story by Jay Neal Like thousands of other Floridians, I recently received my homeowner’s insurance renewal statement only to learn that my…
Finally, a bit of good news about insurance rates: ‘Once in a while, Florida gets lucky’
June 4, 2018, Story by Ron Hurtibise Contact Reporter South Florida Sun Sentinel There hasn’t been much good insurance news to report for Florida property owners…
FAIR wants ‘home hardening materials’ included in sales tax holiday
February 1, 2018, Florida Politics, Peter Schorsch The Florida Association for Insurance Reform said Thursday items such as impact-resistant windows and doors should be included…
Security First Insurance Aligns with FAIR Foundation to Set the Stage for a Safer New Year
Jan. 19, 2018, Ormond Beach, Fla. – Each year Security First Insurance Company advises Floridians to be proactive in the lead up to hurricane season.…
FAIR Days in Tallahassee Takes Consumer Issues Directly to Legislators
FAIR delegation advocates for and against bills that impact policyholders Fort Lauderdale, FL. January 29, 2018: The Florida Association for Insurance Reform (FAIR) hosted FAIR…
Sun Sentinel Features FAIR’s Work to Prep for Storms
Insurance wonks Jay Neal and Paul Handerhan want to make hurricane and flood readiness cool. The duo, who have been working together since 2011 as…
Florida Association for Insurance Reform’s Fifth Annual Awards Gala and Benefit: September 28, 2017
FAIR hosted its Fifth Annual Awards Gala on September 28, 2017 at The Westin Fort Lauderdale Beach Resort to recognize and honor our industry’s outstanding…
FAIR Open House
Come meet the FAIR team at our Open House! Tuesday, January 31, 2017 5:00pm – 7:00pm Fort Lauderdale, FL 33306 Learn FIRST-HAND about our 2017…
Former State Insurance Chief Tom Gallagher joins People’s Trust as Chief Operating Officer (via Sun Sentinel)
Fort Lauderdale, Jan. 13 2017 – Former Florida Insurance Commissioner Tom Gallagher has joined Deerfield Beach-based People’s Trust Insurance Co. as chief operating officer, the…
Lawmakers set to take another stab at fixing insurance claims abuses (via Sun Sentinel)
Fort Lauderdale, Jan. 6 2017 – Groundhog Day isn’t until Feb. 2, but two legislative meetings scheduled next week in Tallahassee will likely have a…
Insuring Uninsured Flood Risk Wednesday May 24, 2017
The Vinoy St. Petersburg Resort & Golf Club, in St. Petersburg, Florida As we have seen in recent years, many victims do not have flood…
FAIR Board member Melissa Burt Burt DeVriese earns 40 under 40 award
Congratulations to FAIR Board member, Melissa Burt DeVriese! She was recognized with a 40 Under 40 award by the Daytona Beach News-Journal as one of…
“Rates Will Double in Five years…” – Read FAIR’s Quarterly Newsletter
FAIR NEWSLETTER MARCH 2017
CFO Atwater exits early for FAU to surprise, consumer concerns (via Palm Beach Post)
West Palm Beach, Feb. 10, 2017 – Jeff Atwater of North Palm Beach announced Friday he plans to step down as the state’s chief financial…
2017 FAIR and PACE Legislative Days in Tallahassee
Legislative Days in Tallahassee are set! On March 14, our FAIR delegation will visit members of the Florida House and Senate to share critical insurance…
Florida property insurers face ratings downgrades (via Sun Sentinel)
Fort Lauderdale, Feb. 9, 2017 – Looming ratings downgrades for six to eight Florida-based property insurers could affect about 250,000 policyholders statewide, forcing some to…
Court to hear appeal in State Farm ‘trade secret’ dispute (via Florida Record)
FORT LAUDERDALE, Dec. 19, 2016 – A three-judge panel is slated to hear appeal arguments just after the new year in the simmering “trade secrets”…
Agencies warn of potential for abuse (via Sun Sentinel)
A program enabling homeowners to finance energy efficiency and storm hardening improvements through assessments on their tax bills is ripe for abuse by predatory contractors,…
Grant Funding Available Now for Wind Mitigation Retrofits for Vulnerable Condominium Community in Florida (via Florida Condo & HOA Law Blog)
FAIR (Florida Association for Insurance Reform) is seeking a low to moderate income condominium community to benefit from a Residential Construction Mitigation Program (RCMP) grant…
FEMA Extends Filing Deadlines for NFIP Flood Insurance Claims Associated with Hurricanes Hermine and Matthew (Florida Office of Insurance Regulation)
TALLAHASSEE, FL, November 23, 2016 – The Federal Emergency Management Agency (FEMA) has granted an additional 30-day extension for National Flood Insurance Program (NFIP) policyholders…
FAIR awards honor Florida insurance pioneer, State CFO and Outstanding Legislators
FAIR’s 4th annual awards dinner recognized contributions that positively impact policyholders Fort Lauderdale, FL. October 3, 2016: Thomas J. Jerger, a pioneer in the Florida…
Insurers say they’re ready to pay claims no matter what happens with Matthew (Sun Sentinel)
Hurricane Matthew could be the first major test of claims-handling capabilities by numerous young insurance companies created since the 2004-05 run of hurricanes that ended…
The 4TH Annual FAIR Awards Dinner – September 29, 2016
Kovens Conference Center at Florida International University 3000 NE 151st St, N. Miami, FL 33181 This annual gala event recognized and honored dynamic leaders whose contributions…
Workers’ Comp – A case of the fox guarding the henhouse in Florida?
Workers’ Comp – A case of the fox guarding the henhouse in Florida? FAIR advocates ending monopoly For over a hundred years, some form of…
Competition could drive PACE program prices down, boosters say (Sun Sentinel)
Costs could start to fall for Florida consumers who want to finance energy efficiency improvements with no money down and no credit check. That’s the…
Commentary: It is a Catastrophe that No One Listens to the Experts on Florida, by Joseph L. Petrelli (Insurance Journal)
“If you don’t read the newspaper, you are uninformed. If you do read the newspaper, you are misinformed.” Although the author is unknown, this comment…
Insurance watchdog group forms new company to certify home improvement providers (Sun Sentinel)
An influential insurance industry watchdog has announced a new mission: promoting and keeping tabs on the growing market for certain energy-efficiency improvements. Principals of the…
FAIR Foundation hosts Climate Resilience Workshop
Fort Lauderdale, FL – The FAIR Foundation is hosting a Climate Resilience workshop on Tuesday July 26, 9:30am – 3:15pm at the Long Key Nature…
FAIR supports FHA’s PACE* guidance that builds community resilience
Fort Lauderdale, FL – As an organization that advocates strongly for mitigation and energy savings programs, the Florida Association for Insurance Reform (FAIR) welcomes the…
Vote Yes on Solar Amendment 4 on the August 30th Primary Ballot
FAIR believes that it’s critically important for communities to recover quickly after disasters and catastrophic events. People need to be able to go about their…
Free Flood Mitigation Community Workshops for Tampa Bay Property Owners
Monday, July 11, in Clearwater and Tuesday, July 12, in Tarpon Springs and Wednesday, July 13, in Treasure Island, 6:00 – 9:00pm: Tampa Area property-owners…
More home-insurance companies are looking at your credit (Sun Sentinel)
As South Florida property insurance rates climb this year, homeowners are paying more attention to everything that can affect their premiums. More and more, that…
FAIR supports Ross Murphy bill to improve flood insurance (Press Release)
Fort Lauderdale, FL – The Florida Association for Insurance Reform (FAIR) joins seven organizations in supporting the Ross Murphy Flood bill pending in Congress. “The…
Citizens seeks steep rate hikes in South Florida (Sun Sentinel)
State-run Citizens Property Insurance Corp. is seeking rate increases for South Florida homeowners that fall just short of the 10 percent maximum allowed under state…
Consumer input proposed for Insurance Commissioner replacement process
Fort Lauderdale, FL. January 20, 2016: Florida Insurance Commissioner Kevin M. McCarty’s resignation presents an opportunity for Floridians to weigh in on the replacement process…
Citizens seeks rate hike over water claims (News Services Florida)
State-backed Citizens Property Insurance is looking to boost premiums an average of 6.8 percent statewide as water-damage claims, particularly in South Florida, continue to surge.…
FAIR Presents Wind and Water Mitigation Policy Recommendations at the Florida Insurance Consumer Advocate’s “Troubled Waters” Forum in Boca Raton (Press Release)
Fort Lauderdale, FL – The Florida Association for Insurance Reform (FAIR) recommends several potential solutions to mitigate recent rate hikes that have stemmed from increases…
State flags insurer’s proposed assignment of benefits restrictions (Sun Sentinel)
One of South Florida’s largest property insurance companies has been rebuffed by state insurance regulators for seeking Assignment of Benefits restrictions that were disapproved two…
Departing insurance commissioner warns South Florida to solve insurance claims crisis (Sun Sentinel)
Preparing to leave state government after 28 years, former Florida Insurance Commissioner Kevin McCarty warned that South Florida faces further property insurance rate increases if…
Report: Florida insurers’ ability to respond to next catastrophe ‘uncertain’ (Sun Sentinel)
The ability of Florida’s young homeowner insurance companies to manage a large catastrophic hurricane is “uncertain” despite recent strong financial performance, a new Fitch Ratings…
Water claims forum aims to quell rising insurance rates (Sun Sentinel)
With property insurance companies blaming a rising tide of water loss claims for rate increases this year, Florida’s insurance consumer advocate has scheduled a public…
State to appeal court ruling allowing State Farm to keep policy tallies private (Sun Sentinel)
Florida’s new insurance commissioner has decided to appeal a circuit court ruling allowing State Farm Insurance Co. to opt out of submitting policy-count totals to…
Citizens to stop insuring homes valued at $700,000 and up (Sun Sentinel)
After reducing its policy count by more than two-thirds over the past four years, state-run Citizens Property Insurance Corp. continued to shed its risk load…
Special Report: Execs Warn of Impending Florida Market Crisis Over Water Loss Claims (Insurance Journal)
Abuse of assignment of benefits (AOB) from water loss claims has become a full-blown Florida insurance crisis that will mean higher insurance rates next year…
David Altmaier’s quick rise to state insurance commissioner (Tampa Bay Times)
Ten years ago, David Altmaier was coaching track and teaching algebra to 9th graders in southern Kentucky. Now at age 34, he is becoming the…
Scott and Cabinet break deadlock, choose new Insurance Commissioner (Palm Beach Post)
On their third attempt at reaching a consensus, Gov. Rick Scott and the Cabinetagreed Friday to promote a deputy now on staff to the post…
Eye of the storms: Florida insurance commissioner wields far-reaching power (Miami Herald)
It is the most powerful job in state government most people can’t name. Florida’s insurance commissioner has the unfettered ability to affect the cost of…
Insurance commissioner saga is a sideshow at industry conference in Tampa (Tampa Bay Times)
Between a Florida Cabinet meeting Tuesday and another special Cabinet meeting Friday, the drama over picking a new state insurance commissioner is shifting momentarily from…
The Florida Association for Insurance Reform hosts an industry conference on the role of Catastrophe Reinsurance and a Wind Exposed Region (Florida Politics – Sunburn blog)
The Florida Association for Insurance Reform hosts an industry conference on the role of Catastrophe Reinsurance and a Wind Exposed Region. Expected to attend are…
Scott, Atwater, differ on insurance commissioner (St. Augustine Record)
With hurricane season on the way, exactly when the end is coming for Florida’s current insurance commissioner has become a storm of its own. Amid…
Key Florida Players to Highlight Importance of Catastrophe Reinsurance (Insurance Journal)
Although the role of catastrophe reinsurance in a wind exposed region is intuitively obvious to an insurance professional and most insurer rating agencies, the need…
2016 Conference Thursday April 28, 2016
FAIR’s inaugural industry conference discussed the role that catastrophe reinsurance plays in markets heavily exposed to hurricane risk. A series of interactive discussion panels…
Who’s Who of Florida insurance industry will headline FAIR conference (Press Release)
“The Role of Catastrophe Reinsurance in a Wind Exposed Region” to be held April 28 in Tampa Fort Lauderdale, FL – Top executives from Florida’…
Insurance reform group wants SEC probe of hedge fund manager’s comments (Sun Sentinel)
FORT LAUDERDALE, FL. March 30, 2016. An insurance reform group is asking the Securities and Exchange Commission to investigate a hedge fund manager’s November “short…
Florida Gov. Rejects CFO’s Pick for Insurance Commissioner, Application Reopened (Insurance Journal)
FORT LAUDERDALE, FL. March 29, 2016. Florida Gov. Rick Scott made it known Tuesday that his choice for the next Florida insurance commissioner would not…
Pick consumer-friendly insurance regulator (Sun Sentinel Editorial Board)
FORT LAUDERDALE, FL. March 29, 2016: A year after Gov. Rick Scott tried to force an insurance regulator on the public, he and the Florida…
Cabinet delays insurance pick after candidate asked about Post story (Palm Beach Post)
FORT LAUDERDALE, FL. March 29, 2016. Gov. Rick Scott’s nominee for Florida insurance commissioner faced multiple questions Tuesday about a Palm Beach Post story on…
Event: Preparing for Weather and Climate Risks with the PACE Funding Program.
Fort Lauderdale, FL. March 24th, 2016: Increasingly more homeowners and business owners throughout Florida are finding new ways to mitigate risks from severe storms and…
FAIR informs SEC of false accusations that threaten Florida insurance consumers (Press Release)
Fort Lauderdale, FL – On behalf of property insurance consumers in Florida, the Florida Association for Insurance Reform (FAIR) has written to the US Securities…
Citizens policy proposals draw opposition. Insurance reform advocates: Citizens changes are unfair to policyholders (Sun Sentinel).
FORT LAUDERDALE, FL. December 18, 2015 – The Florida Association of Insurance Reform joins the Florida Justice Association, a lobbying arm for trial lawyers, and…
Condo Associations: Be Wary of Insuring Your Community through Unregulated Property Insurance Companies (Press Release)
FORT LAUDERDALE, FL – There is a dangerous trend in the property insurance market affecting commercial residential condos. Condo associations are increasingly becoming insured by…
Florida’s Insurance Commissioner and Demotech Popular Recipients of FAIR Awards (Press Release)
FORT LAUDERDALE, FL – Commissioner Kevin McCarty was honored with standing ovations from more than 170 corporate executives representing diverse industry sectors, as he received…
Florida’s Insurance Commissioner and Top Insurance Rating Firm Earn FAIR Awards (Press Release)
FORT LAUDERDALE, FL – Commissioner Kevin McCarty is being recognized with a Lifetime Achievement Award for his 27 years of public service, by FAIR, the…
Free Preparedness and Insurance Review Seminar Available to Florida Panhandle Residents (Press Release)
PENSACOLA, FL – September is National Preparedness Month and State Senator Greg Evers invites you to take action and make a plan. Residents and business…
The Policyholder and Assignment of Benefits: Navigating today’s Claims Environment
Executive Summary An assignment of benefits (AOB) is a legal instrument, whereby a policyholder can assign their post-claim rights and benefits to a third party.…
FAIR Calls for an Override to Governor Scott’s Veto of HB 1087 (Press Release)
FORT LAUDERDALE, FL – Today the Florida Association for Insurance Reform (FAIR) issued a letter to the Speaker of the Florida House of Representatives Steve…
From Blue Tarp to New Roof; FAIR Working with Florida PACE Funding Agency (Press Release)
FORT LAUDERDALE, FL – Older homes with aging roofs or inadequate coverage leave many Florida homeowners exposed. When these events happen, people become trapped without…
Florida Locals Alarmed at Bill to Give State Conduit Assessment Power
BRADENTON, Fla. – A bill making its way through the final days of the Florida legislative session would vastly expand the financing power of the…
Florida Cabinet approves buying $2.2 billion more in catastrophe insurance
TALLAHASSEE — Gov. Rick Scott and Cabinet members voted Tuesday to bolster the state’s catastrophic insurance fund with $2.2 billion of added coverage in advance…
Reinsurance bad deal for Florida homeowners
On Tuesday, executives from the Florida Hurricane Catastrophe Fund recommended to the state Board of Administration, consisting of Gov. Rick Scott, Chief Financial Officer Jeff…
FAIR Promotes Condo Parity Initiative for FIGA Coverage (Press Release)
FORT LAUDERDALE, FL – Frances, Jeanne and Wilma; sounds like it could be a gathering of gal pals for a fun night out on the…
Kevin McCarty, Florida Consumers’ Insurance Commissioner to Receive FAIR Award (Press Release)
FORT LAUDERDALE, FL – Since Kevin McCarty’s appointment as the first non-elected insurance commissioner for the state of Florida, he has been a champion for…
FAIR Honors Locke Burt’s Leadership in Developing Solutions that Improve Florida’s Home Insurance Market
Consumer Advocacy Group Presents Security First Insurance Chairman and President with Lifetime Achievement Award Tampa, Fla. (September 17, 2014) – The looming and ever-present potential…
Weiss Ratings Critical of Florida Property Insurance Market Discredited
A recent article from Reuters reported that Florida’s property insurance market may be an “accident waiting to happen.” An unbiased and balanced assessment of the…
Please post your comments on credit ratings affecting insurance rates.
People with poor credit scores in some states pay nearly twice for homeowner’s insurance. Poor credit can result from illness, job loss, and other factors.…
Lloyds of London subsidiary pulls out of Tampa Bay flood insurance marketplace, but that’s OK
A subsidiary of one of the world’s largest private insurance companies, The Flood Insurance Agency, will no longer be writing flood insurance policies in several…
Consumer Advocate Defends Citizens Property Insurance
The recent Palm Beach Post article critical of Citizens Property Insurance Corporation’s alleged lavish travel junkets to buy reinsurance was unbalanced, unfair, and frankly over-the-top.…