Florida legislation should mitigate future homeowners’ premium increases: KCC
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
Insurance Insider is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Florida legislation should mitigate future homeowners’ premium increases: KCC

Figure Justice holding the scales of justice with lawyer working on documents

While Florida’s recently enacted legislation should have a major impact on excess litigation, helping to “significantly” mitigate future homeowners’ premium increases, other outside factors will continue to influence premiums, according to a recent Karen Clark & Company (KCC) report.

The modeling firm said premiums are unlikely to go down, with price increases in recent years driven by hurricanes, weather events, inflation and excess litigation.

In

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article