Florida Insurance Market

AAIS Market Research Looks at Trends, Concerns, and Data/Technology Issues Affecting the Florida Market

Mar 27, 2024 / by AAIS posted in Insights, Issues & Trends, Insurance News/Current Events, AAIS Insights, Florida Insurance Market, Insurance Market, Florida

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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.

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Florida…A Stormy Insurance Market in Transition

Mar 10, 2023 / by Linda Jancik posted in Personal Lines, Homeowners, Florida Insurance Market, Florida

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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:

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Advisory Report: Merlinos & Associates Director Ryan Purdy Talks Florida Market & What to Expect in 2023

Feb 7, 2023 / by AAIS posted in Personal Lines, Insurance, Regulatory/Compliance, NAIC, Insurance Advisory, Florida Insurance Market, Regulatory Reporting, Statistical Reporting, Florida

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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.

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2022 AAIS Market Survey Results Reveal Most Pressing Industry Issues

Feb 2, 2023 / by AAIS posted in Community, Insights, Issues & Trends, Data & Technology, P&C Insurers, Legislation & Regulation, AAIS News & Views, AAIS Insights, Data/Tech, Insurance Line of Business, Florida Insurance Market

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The Economy/Inflation, Talent Acquisition and Litigation Top Concerns; Integrity, Security and Accuracy Lead Priorities for Data/Technology

Throughout 2022, AAIS conducted several surveys from a cross-section of insurance professionals, many associated with insurance industry events. What emerged from these various surveys was a view of the top issues and concerns facing the industry as well as the priorities placed on data and technology initiatives. This summary presents the aggregated results of those surveys. We trust this information is useful for AAIS Members and other industry stakeholders as a catalyst for discussions surrounding the development of solutions for the most pressing issues that lie ahead.

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Using Data to Build Better Fire Protection

Apr 18, 2022 / by AAIS posted in Insights, Technology, Issues & Trends, Data & Technology, Insurance News/Current Events, Fire, AAIS News & Views, AAIS Insights, wildfire, Florida Insurance Market, NatCats

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Dr. Matt Hinds-Aldrich, Senior Risk Strategy Lead, was a recent guest on the FNO: InsureTech podcast, joining hosts Rob Beller and Lee Boyd to talk about how new thinking around data can enhance insurers’ ability to measure, rate, and mitigate fire risk and the challenges associated with insuring the peril, particularly in wildfire-prone areas such as California.

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Colorado State University's Phil Klotzbach Offers Early Clues on Florida Hurricane Season

Apr 6, 2022 / by AAIS posted in Insights, Issues & Trends, Climate Change, P&C Insurers, AAIS News & Views, AAIS Insights, hurricanes, Florida Insurance Market, NatCats

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Phil Klotzbach, Research Scientist at the Colorado State University, stopped by The AAIS Executive Roundtable with a preview of the upcoming hurricane season in The Florida Report.

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Florida Insurance Market: Survey Reveals Most Pressing Industry Issues

Mar 24, 2022 / by AAIS posted in Community, Insights, Issues & Trends, Data & Technology, P&C Insurers, Legislation & Regulation, AAIS News & Views, AAIS Insights, Insurance Line of Business, Florida Insurance Market

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Litigation Tops Capital and Nat CAT Concerns

AAIS, a sponsor of the 2022 Florida Insurance Market Summit held March 21st to 23rd, polled attendees pre-event to understand what they perceive as the most pressing issues affecting the Florida market and the overall insurance industry.

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