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12 December 2023NewsInsurance

Tort reforms & mild 2023 gave Florida carriers breathing room: KBRA

Tort reform and a mild 2023 nat cat loss record have opened the door to cautious growth options for Florida-based homeowner insurance carriers, the KBRA ratings agency said of developments in the stressed American jurisdiction. 

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More on this story

Insurance
31 March 2023   Florida-focused insurers shrink their way to a 15% cut in underwriting losses to $1.4bn.
Insurance
18 August 2022   ‘The industry’s gross nominal losses will continue to rise’ if the ‘new normal’ holds.
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5 October 2021   The rating process will look at explicit strategies or programs to address ESG issues.