Florida Property Insurance Market
The Florida Office of Insurance Regulation (OIR) oversees one of the most complex property insurance markets in the world and serves as a national leader in identifying market trends and taking bold action to promote a stable and competitive insurance market for consumers.
OIR is a national leader in identifying market trends and taking bold action because OIR collects more data about its insurance market than any other state or regulatory entity. OIR tracks and collects data from different sources to monitor affordability and availability in the property insurance market. A full list of OIR's required data reporting for property and casualty insurers is available here.
This page provides comprehensive data on the homeowners insurance market in Florida and includes data points such as market shares, rates and premiums, company financial information, and reinsurance coverage. This page is intended to serve as a resource for consumers and other stakeholders impacted by Florida's property insurance market.
Section Header_Destin

Property Insurance Market Highlights

7.64M

Residential Insurance Policies in Force

$3,757

Admitted Market Avg. Homeowner's Premium (Including Wind)

$2,586

Admitted Market Avg. Homeowner's Premium (Excluding Wind)

1,883,487

Policies Approved for Citizens Takeout in 2025

-6.9%

30-Day Average Request for Homeowners' Rates

-1.4%

30-Day Average Request for Homeowners' Rates, 1 year ago

-0.2%

180-Day Average Request for Homeowners' Rates

0.0%

180-Day Average Request for Homeowners' Rates, 1 year ago

OIR's Market Conduct Efforts

Following the passage of historic legislative reform, OIR has greater ability to enforce regulatory authority and has taken actions to increase market regulation compliance. These efforts include, initiating more than 110 market conduct examinations, completing over 550 investigations, and securing over $55.6 million in consumer restitution total since reforms. OIR publishes an Insurer Compliance Report on a quarterly basis to provide ongoing updates on OIR’s market regulation efforts.

Data as of July 2026.

Property Insurance Market Data

Residential Policies and Direct Written Premium

OIR oversees one of the largest insurance markets in the world. One of the way OIR monitors data trends in the property insurance market is by tracking the total number of residential policies, the total direct written premium, and the total insured value within the market.

The table below provides policy totals for all carriers in Florida writing residential policies, including Citizens Property Insurance Corporation, starting with Q2 2023 (April 1 - June 30, 2023) to Q1 2026 (January 1 - March 31, 2026). This data can also be found in OIR's Market Intelligence Reports available here.

Data as of July 2026. Data from Market Intelligence Reports.

Admitted Property Market vs. Non-Admitted Property Market

OIR tracks the number of personal and commercial residential property policies within the market through QUASRng. The admitted market is entities regulated through OIR. The non-admitted market is entities such as Citizens Property Insurance Corporation and Surplus Lines carriers. All admitted and non-admitted property writers are required to report data to OIR on a consistent basis. The table and chart below show the percentage of Florida's admitted property insurance market versus the non-admitted property insurance market. 

Admitted Property Market vs. Non-Admitted Property Market - Table

Admitted Property Market vs. Non-Admitted Property Market - Chart 

 

Data as of July 2026. Data is from Market Intelligence Report. Data does not include State Farm for years 2017 - 2018 and American Coastal Insurance Company, United Property & Casualty Insurance Company, and Family Security Insurance Company for years 2017 and 2018 due to trade secret declarations.

Residential Market Share Reports

OIR publishes residential market share reports, which provides information about the amount of direct written premium and total exposure by a company within a market. These reports are updated quarterly and are available on OIR's website here. 

The table below provides information about statewide totals of property and casualty insurers in Florida as of Q2 2026 (April 1 - June 30, 2026).

Data as of July 2026. Data is from Market Intelligence Report.

The table below provides information about the top 25 largest property and casualty insurers in Florida as of Q2 2026 (April 1- June 30, 2026). Data as of July 2026. Data is from Market Intelligence Report. 

Rate and Form Filings

OIR provides the general public with access to thousands of insurance company form and rate filings as part of the "Insurance Regulation Filing System (IRFS) Forms & Rates Filing Search" system. IRFS contains relevant filings for both the Life & Health and Property & Casualty lines of business. Users can search, view and/or download publicly available information related to these types of filings from January 5, 2001 to the present.

Please note, under Florida law, insurers have the option to submit filings as "use and file" or "file and use." A "use and file" filing can be implemented immediately. A company making a "use and file" filing is potentially subject to an order by OIR to return to policyholders portions of rates found to be excessive, in accordance with s. 626.0651, F.S. 

The IRFS Forms & Rates Filing Search is available here.

Disclaimer: Displayed rate changes may not fully reflect increases and decreases due to claims of trade secret.

Requested vs Approved Rates - Personal Residential Property
(Homeowners Multi-Peril, Mobile Home Multi-Peril, Dwelling Fire)

Florida's property insurance market has experienced challenges over the past several years. Most of the primary cost drivers in the Florida property insurance market, including catastrophic claims, adverse loss reserve development, inflation, and higher reinsurance costs, are notably exacerbated by excessive and costly litigation. In response to challenges in the market, insurers pass these costs to the consumer by increasing premiums to cover losses and expenses, creating affordability challenges for consumers.

In Florida, there are statutory requirements in place to protect consumers regarding rates and all insurers authorized to transact insurance in Florida must meet all requirements of the Florida Insurance Code. As such, OIR enforces all applicable provisions of Florida Statutes when reviewing policy and rate filings. Rates, including rate increases, must be adequate to maintain insurer solvency and pay claims, in accordance with s. 627.062, F.S. OIR carefully reviews proposed rate filings to ensure they comply with all applicable laws and are not excessive, inadequate, or unfairly discriminatory. Please note, If OIR finds a rate filing is inadequate to support company operations, OIR may direct the company to set a higher rate than requested.   

The table below displays the average requested rate for Personal Residential Property lines of business and the average rate approved by OIR for Personal Residential Property lines of business from July 2025 - June 2026.

Personal Residential Property lines of business include Homeowners Multi-Peril, Mobile Home Multi-Peril and Dwelling Fire. Please note, rates for individual policies may vary.

Personal Residential Property Average Rates Requested and Approved - Table

Data as of July 2026 Data is from rate filings submitted by insurers through the Insurance Regulation Filing System. Data excludes Citizens Property Insurance Corporation.

Public Rate Hearings

In Florida, there are statutory requirements in place to protect consumers regarding rates and all insurers authorized to transact insurance in Florida must meet all requirements of the Florida Insurance Code. As such, OIR enforces all applicable provisions of Florida Statutes when reviewing policy and rate filings. Rates, including rate increases, must be adequate to maintain insurer solvency and pay claims, in accordance with s. 627.062, F.S.

OIR carefully reviews proposed rate filings to ensure they comply with all applicable laws and are not excessive, inadequate, or unfairly discriminatory. Additionally, OIR holds rate hearings for rate increases above 15% to receive comments from the public and to hear testimony from companies.

These hearings are open to the public and input from interested parties will be accepted. Those unable to attend the public hearings are welcome to forward comments to OIR at ratehearings@floir.com. The subject line of emails should include the name of the company of interest and the words "rate hearings."

A list of past and upcoming rate hearings can be found on OIR's website here.

Average Homeowners' Policy Premium Data

OIR tracks the average homeowners' policy premium by county. A premium is the amount of money an insurance company charges for insurance coverage. The average premium by OIR is calculated by dividing direct written premium by policies in force.

 

Net Income and Net Underwriting Gain/Loss

OIR tracks the performance of Florida's domestic property insurers, including net underwriting gains, net income, and average combined ratio. Net Income represents the total revenues from an insurer's operations less total expenses and income taxes. Underwriting Gains or Losses represent how much an insurance company has either made or lost from their operations. The Average Combined Ratio is a measure of profitability which takes the sum of incurred losses and expenses and divides them by earned premium. Generally, an average combined ratio over 100 indicates that a company's profitability was negatively impacted by paying out more in expenses and losses compared to what was received from premium.

Performance of Florida Domestic Property Companies - Table

The table below displays information about  the performance of Florida domestic property companies.

 

Performance of Florida Domestic Property Companies - Chart

The chart below displays information about  the performance of Florida domestic property companies. The orange bar depicts the domestic industry's underwriting gain or loss. The blue bar indicates the domestic industry's net income. The blue line indicates the average combined ratio.


Data as of July 2026. Data is from statutory financial statements submitted to the National Association of Insurance Commissioners. Citizens Property Insurance Corporation data is not included.

Loss Reserve Development

Insurers establish a loss reserve, which is the amount the insurer believes that claims will cost. At periodic points in time, an insurer goes back and evaluates how much those claims actually cost and uses that information to inform reserves going forward. If claims cost less than projected, reserve redundancies exist. If claims cost more than projected, reserves are said to have developed adversely.

If market trends result in increased claims payments of more than what was originally reserved, the actuary may recommend increasing the company’s reserves for future claims payments. To quantify, when carriers looked back one year later on their claims in 2022, claims were approximately $224 million more than estimated after one year, and $772 million at the two year mark. These numbers reflect the degree of uncertainty which exists in the property insurance market, which in turn impacts reinsurance capacity and reinsurance rates for insurers. The insurance industry is inherently uncertain; for this reason, it is not expected that the established loss reserve will always exactly equal the ultimate cost of claims. 

The data in the table and chart below depicts loss reserve development for Florida domestic insurers.

Loss Reserve Development Over Time - Table

 

Loss Reserve Development Over Time - Chart

For the chart below, the blue line shows the one-year loss reserve development, and the orange line shows the two-year loss reserve development.


Data as of July 2026. Data is from statutory financial statements submitted to the National Association of Insurance Commissioners and from Quarterly Supplemental Reporting. Citizens Property Insurance Corporation is included.

Authorized Insurer Financials

Pursuant to s. 624.315, F.S. OIR tracks the names of authorized insurers transacting insurance in this state, by requiring abstracts of their financial statements including assets, liabilities, and net worth. The documents below contain the Authorized Florida Insurer Financial Abstracts for calendar years 2019, 2020, 2021 and 2022, as required by s. 624.315, F.S.. The Authorized Florida Insurer Financial Abstracts contain information regarding net admitted assets, liabilities, capital and surplus, and direct premiums written in Florida.

Please note: Data represented in the Authorized Florida Insurer Financial Abstracts is submitted to OIR following the conclusion of the previous calendar year. Each report below is categorized by publishing year and the calendar year data contained within the report.

Florida Public Hurricane Loss Model

 

Florida leads the nation in a number of ways, including its longstanding focus on comprehensive efforts to protect the insurance market. This includes innovative insurer solutions of how to apply technology and innovation to the mitigation of storm, wildfire, and other risks; evaluation of insurance product innovation directed at reducing, managing, and mitigating risk, as well as closing protection gaps; considering pre-disaster mitigation and resiliency in the role of state insurance regulators; and engaging with ongoing mitigation research and analysis.

One of the tools OIR uses to protect the insurance market is the Florida Public Hurricane Loss Model (FPHLM). The FPHLM is a hurricane catastrophe model developed by a multi-disciplinary team of experts in the fields of meteorology, wind and structural engineering, computer science, GIS, statistics, finance, and actuarial science.

The model consists of three major components: wind hazard (meteorology), vulnerability (engineering), and insured loss cost (actuarial). It has over a dozen sub-components. The computer platform is designed to accommodate future hookups of additional sub-components or enhancements.

The FPHLM estimates loss costs and probable maximum loss levels from hurricane events for personal lines and commercial lines of residential property. The losses are estimated for building, appurtenant structure, contents, and additional living expenses.

In essence the FPHLM, unique to Florida, is a complex collection of computer programs that simulate and predict how, where and when hurricanes form, their wind speeds, intensity and sizes, their tracks, how they are affected by the terrain after landfall, how the winds interact with different types of structures, how much damage they can cause to house roofs, windows, doors, and interiors, how much it will cost to rebuild the damaged parts, and how much of the loss will be paid by insurers. More information on the FPHLM is available here.

The OIR utilizes the FPHLM as a tool for benchmarking rate filing requests submitted by Florida insurers to assist with evaluating the reasonableness of the modeling information provided and the associated rate request.

The FPHLM plays a significant role within OIR’s Catastrophe Stress Test (CST). While insurers elect models to utilize within their CST, FPHLM accommodates OIR’s analysis of the CST by providing insurers’ modeled loss outputs computed by the FPHLM. The varying outputs populated from multiple models provide OIR with an array of probabilities and further understanding of insurers’ ability to place adequate reinsurance programs and sustain financial solvency following payment of losses. More information regarding the CST is provided below.

Annual Reinsurance Data Call

 

Florida is the most catastrophe-prone region in the United States with 8,436 miles of shoreline. To spread that catastrophic risk outside of Florida's borders, insurers turn to the global reinsurance market. Reinsurance, at its most basic level, is insurance for insurance companies. Insurers rely on reinsurance to finance the payment of losses and make them better able to withstand major catastrophes, like hurricanes.

Reinsurance is a major driver in the cost of insurance and Florida's domestic property insurance industry is especially reliant on reinsurance to finance the payment of catastrophe losses and is sensitive to hardening reinsurance market conditions. For instance, as much as 40% of the premium a consumer pays goes to purchase reinsurance. When the supply of reinsurance is readily available and affordable, the capacity of domestic property insurers to write and retain business is enhanced, and the premium impact to consumers is modest. 

OIR conducts the Annual Reinsurance Data Call (ARDC) to assess insurers' financial viability in covering catastrophic losses with respect to their catastrophe reinsurance programs. The ARDC consists of four stages: 

  • Stage 1 – Collect estimate of what insurers plan to purchase for reinsurance.
  • Stage 2 – Collect the actual amount of reinsurance purchased by insurers.
  • Stage 3 – Collect information on participating reinsurers and reinsurance contracts placed.
  • Stage 4 – Collect data reporting the impact of storms on insurers’ reinsurance contracts.

    Based on ARDC findings, the year over year risk-adjusted change in reinsurance cost has decreased: 

    • In preparation for the 2024 reinsurance season, OIR met with Bermuda and New York based reinsurers to provide an update on the state of the market, highlighting positive data points.
    • In 2024, companies reported the risk-adjusted change in reinsurance cost from 2023 decreased on average by -1.70%. From 2022 to 2023, the risk-adjusted change in reinsurance cost increased on average by 27.03%.
    • The 2024 ARDC signifies reinsurance remains costly; however, it is indicative of price stabilization and increased confidence in Florida’s reinsurance market after a four-year run of increased pricing.
    • Florida Hurricane Catastrophe Fund rates, approved by the Florida Cabinet in June 2024, decreased for participating insurers by a statewide average of -8.25%. These rate decreases are, in part, based on modeled loss cost indications, even while exposure grows. 
    Catastrophe Stress Test

     

    Florida is the only state regulator in the nation to conduct a Catastrophe Stress Test (CST). The CST is an annual evaluation of reinsurance programs companies have in place to respond to catastrophic events that may occur during the Atlantic hurricane season. OIR requires domestic property insurers, commercially domiciled insurers, and other selected companies to model their losses for the CST assuming a historical event or series of events occur. Through the CST, insurers are required to model a historical storm scenario, or a series of historical storm scenarios, and apply their purchased reinsurance program to the associated modeled loss.

    The results of the CST are used by OIR to estimate the insurer’s surplus amounts after the simulated event and assist in determining if each insurer would continue to meet its minimum surplus requirement after each storm scenario.

    For 2024, OIR chose scenarios which included three storms each to reflect weather expert predictions of an active, above-normal 2024 Atlantic hurricane season. For the 2024 hurricane season, the 2024 CST storm scenarios were:

    • Scenario 1 - 1945 Homestead Hurricane, then 2004 Hurricane Charley, then 2004 Hurricane Frances
    • Scenario 2 - 1921 Tampa Bay Hurricane, then 2017 Hurricane Irma, then 2018 Hurricane Michael
    • Scenario 3 - 1928 Lake Okeechobee Hurricane, then 2005 Hurricane Wilma, then 2016 Hurricane Hermine

    Based on the results of the CST scenarios, seven insurers were projected to fall below the minimum surplus requirement:

    -          One insurer conducted the CST using projected exposure data. Since the CST was conducted, the insurer’s exposure has reduced approximately 24% from its projected exposure, and the insurer anticipates further reduction.

    -          One insurer reports surplus above the minimum requirement as of September 30, 2024, the insurer’s reinsurance placement adequately supported the insurer following an active 2024 hurricane season, and the insurer’s parent company commits to infusing additional capital into the company as necessary.

    -          One insurer’s holding company has capital resources available if needed, and 2024 hurricane season losses remain well within the insurer’s reinsurance program.

    -          One insurer is owned by a parent company that maintains an adequate amount of capital and the insurer’s reinsurance program was not significantly impacted by the 2024 hurricane season.

    -          One insurer has the ability to seek additional capital contributions from its parent company and reports an ample amount of reinsurance coverage remaining following the 2024 hurricane season.

    -          One insurer’s parent is willing to loan funding if needed and the insurer’s exposure decreased 86% since 2023.

    -          One insurer’s 2024 reinsurance program covers a significant portion of the insurer’s losses and as of September 30, 2024, the company reported surplus in excess of the minimum required.

    Scenario 1: 1945 Homestead Hurricane, then 2004 Hurricane Charley, then 2004 Hurricane Frances
    Based on modeling information provided by insurers, Scenario 1 would have caused approximately $39.4 billion in insured losses during the 2024 Atlantic Hurricane Season. After recognizing the impact of reinsurance, net losses to insurers are projected to be reduced to approximately $20.2 billion.

    Scenario 2: 1921 Tampa Bay Hurricane, then 2017 Hurricane Irma, then 2018 Hurricane Michael
    Based on modeling information provided by insurers, Scenario 2 would have caused approximately $41.9 billion in insured losses during the 2024 Atlantic Hurricane Season. After recognizing the impact of reinsurance, net losses to insurers are projected to be reduced to approximately $23.2 billion.

    Scenario 3: 1928 Lake Okeechobee Hurricane, then 2005 Hurricane Wilma, then 2016 Hurricane Hermine
    Based on modeling information provided by insurers, Scenario 3 would have caused approximately $87.7 billion in insured losses during the 2024 Atlantic Hurricane Season. After recognizing the impact of reinsurance, net losses to insurers are projected to be reduced to approximately $32.2 billion.
    Citizens Property Insurance Corporation Proposed Rate Level Effect - 2025

    The proposed 2025 Citizens Rate Filings listed below can be accessed via the IRFS Forms & Rates Filing Search system by searching the file log number or by entering "Citizens" as the "company name" in the "Quick Search" tab. Additional information regarding the proposed 2025 Citizens Rate Filings is available in the Citizens 2025 Rate Media Kit here.

    File Log #Overall Proposed ChangeAccountProposed Rate Level Effect by Territory and County
    24-030310+13.5%Homeowners Multi-Peril (PLA)HO-3, HO-4, HO-6 (PLA)
    24-030311+14.4%Homeowners Multi-Peril (CA)HO-3, HO-4, HO-6 (CA)
    24-030441+13.9%Property/Personal (Dwelling Fire) (PLA)DP-1, DP-3 (PLA)
    24-030444+17.2%Property/Personal (Dwelling Fire) Wind Only (CA)DW-3 (CA)
    24-031016+22.1%Mobile Homeowners Multi-Peril (PLA)MHO-3, MHO-4 (PLA)
    24-031018+26.6%Mobile Homeowners Multi-Peril (CA)MHO-3 (CA)
    24-031814+19.0%Mobile Homeowners Physical Damage (PLA)MHO-Dwelling (PLA)
    24-031855+19.7%Mobile Homeowners Physical Damage Wind Only (CA)MHO-Dwelling (CA)
    24-037241+12.0%Commercial Residential Multi-Peril Condo Assn. (CLA)CRM Condo (CLA)
    24-037237+11.5%Commercial Residential Multi-Peril Excluding Condo Assn. (CLA)CRM Non-Condo (CLA)
    24-037430+0.0%Commercial Non-Residential Multi-Peril (CLA)CNRM (CA)
    24-037523+12.2%Commercial Residential Wind Only Excluding Condo (CA)CRW Non-Condo (CA)
    24-037522+12.4%Commercial Residential Wind Only Condo Assn. (CA)CRW Condo (CA)
    24-037525+0.4%Commercial Non-Residential Wind Only (CA)CNRW (CA)
    Citizens Property Insurance Corporation - 2024 Public Rate Hearing

    OIR conducts an annual public rate hearing for proposed Citizens Property Insurance Corporation rate filings to hear testimony from the company and receive public comment. These hearings are open to the public and input from interested parties will be accepted. Those unable to attend the public hearings are welcome to forward comments to OIR by emailing ratehearings@floir.com with the subject line "Citizens Property Insurance Corporation." Please note, under Florida law, written communications to OIR are public record and subject to disclosure, including being available to the public and media.

    Details for the 2024 Citizens Property Insurance Corporation Public Rate Hearing are below:

    WhenWhereGeneral Subject Matter to be ConsideredAdditional Materials

    August 1, 2024

    1 p.m. 

    412K Knott Building, Tallahassee, FL 32399

    Click here to register and participate online.

    By Phone: 1-877-568-4108; Access Code: 768-800-634

    		Citizens Property Insurance Corporation has requested statewide average rate change for its business in the Coastal Account ("CA"), Commercial Lines ("CLA"), and Personal Lines Account ("PLA"). 

    Agenda

    Hearing Notice

    Recording

    Presentation

    Information for previous Citizens Property Insurance Corporation rate hearings are below:

    Citizens Property Insurance Corporation Depopulation/Takeout Program

    Takeout, or depopulation, is the program created by the Florida Legislature that was developed to reduce the number of Citizens’ insured properties and exposure. The program, created by section 627.351(6)(q), F.S., allows new and existing insurance companies to assume policies currently covered by Citizens in an attempt to transfer policies back to the private insurance market. 

    To assume policies from Citizens, private-market insurance companies must submit documentation to OIR verifying they meet OIR standards and have the financial resources and business plan in place to properly pay claims. If approved, OIR will issue a consent order indicating the number of policies eligible for removal, the assumption date and any additional stipulations.

    As the property market continues to stabilize, OIR is seeing a continued interest from authorized insurers in the Citizens Depopulation program. OIR's Takeout Assumption Summaries, Takeout Company Approvals, and Requirements to Participate in the Takeout Program is available on OIR's website here. 

    The table below information about companies approved for the takeout program, number of policies approved for assumption, number of policies removed from Citizens, and the total reduced Citizens exposure from 2019 - 2024.

    YearTotal Companies Approved for TakeoutTotal Policies Approved for AssumptionTotal Policies Removed from Citizens**Reduced Citizens Exposure**
    2024*181,263,749371,295$170,384,224,633
    202312646,617275,324$113,375,478,857
    2022480,20116,408$7,173,925,259
    2021117,2082,814$1,027,251,879
    2020487,2887,463$2,497,401,410
    20194145,10210,084$2,180,766,592

    *Calendar Year 2024 data as of 9/05/2024. 

    **Data provided from Citizens Depopulation Resources page. Data as of 10/29/2024.

    Section Header_Fort

    Data Reporting & Collection

    OIR collects data from insurers and regulated entities in accordance with Florida Statues. A full list of required data reporting is available on OIR's website here. A list of required data call reporting specific to property and casualty insurers is below: 

    • Temporary Discontinuance of Writing New Residential Property Insurance Policies - In accordance with Section 624.4301, Florida Statutes, and Rule 69O-137.014, Florida Administrative Code, any authorized insurer, before temporarily suspending writing new residential property insurance policies in Florida, must give notice to OIR. 

    • Commercial and Personal Residential Property Supplemental Quarterly Report - In accordance with section 624.424(10), Florida Statutes, insurers are required to report QUASR data to OIR on a quarterly basis.

    • Catastrophe Claims Reporting - In accordance with section 624.307, Florida Statutes, OIR can institute a data call for the purpose of collecting additional claims and other relevant information from insurers related to a natural disaster causing catastrophic damage in Florida.

    • P&C Calendar Year Experience Reporting - In accordance with section 627.915(2) and 627.915(5), Florida Statutes, companies are required to report PCCY Experience Reporting data to OIR on an annual basis. For PCCY Experience Reporting, insurers provide information on: Direct Premiums Written; Direct Premiums Earned; Loss Reserves for All Known Claims; Reserves for Losses Incurred but not Reported; Allocated Loss Adjustment Expense; Unallocated Loss Adjustment Expense; Direct Losses Paid; Underwriting Income or Loss; Commissions and Brokerage Fees; Taxes, Licenses and Fees; Other Acquisition Costs; General Expenses; Policyholder Dividends; Net Investment Gain or Loss.

    • Residential Property Claims Litigation Reporting - In accordance with s. 624.424(11), F.S., companies are required to report personal and commercial residential property claims litigation data to OIR on an annual basis. This data call details the closed claim experience for the previous calendar year.

    Historic Legislative Reform

    Florida has enacted historic and unprecedented reforms designed to promote market stability. OIR closely tracks the impact of legislation on Florida's property insurance market. As we begin to see the impacts from these reforms, OIR remains committed to working alongside Governor DeSantis, the Florida Cabinet and the Florida Legislature to promote a stable and competitive insurance market for consumers.

    For a full overview of insurance legislation passed by the Florida Legislature, please see OIR's Legislative Summaries here. Recent legislative reforms for Florida's property insurance market include:

    • 2024: HB 1611 (Insurance), HB 1049 (Flood Disclosure in the Sale of Real Property), SB 7028 (My Safe Florida Home Program), HB 1029 (My Safe Florida Home Condominium Pilot Program)

    • 2023: HB 799 (Property Insurance), HB 881 (My Safe Florida Home Program), HB 1185 (Consumer Protection), HB 837 (Civil Remedies), SB 7052 (Insurer Accountability)

    • 2022: SB 2A (Dec. 2022 Special Session), SB 2D (May 2022 Special Session), SB 4D (May 2022 Special Session)

    • 2021: SB 76 (Property Insurance), SB 1598 (Consumer Protection)

    • 2020: HB 529 (Insurance Guaranty Associations)

    • 2019: HB 7065 (Insurance Assignment Agreements)

    Following these historic legislative reforms to strengthen Florida’s insurance market, OIR has approved twenty-one additional property & casualty insurers to enter Florida’s market. Recently approved companies:

     

    Sypher Insurance Exchange
    Builder Reciprocal Insurance Exchange
    Frontline Insurance Reciprocal Exchange
    Wingsail Insurance Company
    Stand Insurance Exhange
    Praxis Reciprocal Exchange
    Viceroy Preferred Insurance Company
    Florida Insurance and Reinsurance Company
    Incline National Insurance Company
    Apex Star Reciprocal Exchange
    Mangrove Property Insurance Company
    ASI Select Insurance Corp.
    Trident Reciprocal Exchange
    Ovation Home Insurance Exchange
    Manatee Insurance Exchange
    Condo Owners Reciprocal Exchange
    Orange Insurance Exchange
    Orion180 Select Insurance Company
    Orion180 Insurance Company
    Mainsail Insurance Company
    Tailrow Insurance Exchange

    Section Header_Keys
    • QUASR - Additional data regarding policies in Florida is available in QUASR. The QUASR database will allow you to run reports for policies in force by quarter, by county, by policy type and by company for companies writing in Florida. Please note, data for companies filing Trade Secret will not appear within the database or the top 25 reports linked. The list of companies filing Trade Secret is available on the OIR website, including the date for which they began filing as trade secret.

    • Insurer Stability Unit Report - OIR publishes the Insurer Stability Report on January 1 and July 31. The report contains information about the stability of property and casualty insurers and offers information about average insurance premiums by county. All Insurer Stability Unit reports are available on OIR's Industry Reports page under "Property Insurance Stability Report."

    • Insurer Compliance Report - OIR is required to publish a quarterly insurer compliance report. This report details all market regulation actions OIR took for the previous quarter. All Insurer Compliance reports are available on OIR's Industry Reports page under "Insurer Compliance."

    • New Entities in the Market - OIR publishes a monthly list of all new regulated entities approved to enter Florida's insurance market. 

    • Orders and Memoranda - This page contains information on all Consent Orders and Informational Memoranda issued by OIR. 

    • OIR's Property & Casualty Market Regulation - The Property and Casualty Market Regulation unit conducts examinations and investigations of property and casualty insurers and related parties regarding business practices and patterns of alleged violations of the Florida Insurance Code. The unit also investigates allegations of unauthorized and illegal insurance activity as well as in-depth investigations of authorized insurers.

    • OIR's Property & Casualty Financial Oversight - The Property and Casualty Financial Oversight Unit is responsible for monitoring the financial condition of property and casualty, title insurers and self-insurance funds by conducting financial examinations and ongoing financial analysis.

    • Catastrophe Claims Data and Reporting - OIR collects catastrophe claims data following a disaster, such as a hurricane. Catastrophe claims data for recent disasters is available on this page.
    • Active Company Search - OIR's company search service can provide full names, business addresses, and identifying information for companies/entities doing business in the State of Florida.

    • CHOICES Rate Comparison Tool - OIR offers the CHOICES rate comparison tool to provide consumers with rate information for various types of insurance. The CHOICES tools for auto and homeowners insurance are based on three pre-defined model risk scenarios to provide the consumer with sample average rates in any Florida county. 

    • OIR Hurricane Season Resources - OIR offers resources to help consumers prepare for severe weather. 

    • My Safe Florida Home Program - The My Safe Florida Home Program provides grants to Florida homeowners for mitigating their homes against disaster impacts. 

    • Department of Financial Services' Division of Consumer Services - To file a complaint against an insurance company, contact the Department of Financial Services' Division of Consumer Services.

    • NAIC Consumer Database - The National Association of Insurance Commissioners (NAIC) offers a consumer database which allows individuals to look up company complaint and financial information by state and insurance type.