Florida legislation should mitigate future homeowners’ premium increases: KCC
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.


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

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Gift this article