AAIS was proud to sponsor the 2024 Florida Insurance Market Summit (FIMS) on March 13-15. Prior to the FIMS meeting, AAIS polled attendees to get a sense of the major issues facing the Florida insurance market in 2024, and the data and technology priorities paving the path ahead.

There are new property insurance rules for Florida’s insurance carriers requiring elaborate document and process changes.

Don’t let the beautiful Florida sunshine blind you to the storm brewing in the personal lines property market. 

At the recent Florida Insurance Market Summit (FIMS), the legal and governmental consulting firm Colodny Fass presented some sobering statistics regarding the magnitude of the Florida homeowners insurance market “storm” in 2022:

For this Advisory Report, AAIS sat down with Ryan Purdy, Director at Merlinos & Associates - a Davies Company, to discuss key takeaways from the recent Florida Chamber of Commerce Insurance Summit. He also touched on key trends to look for moving into 2023 as well as updates specifically seen across the Florida insurance market.