Get the latest data on the health of Florida's insurance market in our Market Pulse PDF, available now on our website’s full Market Pulse online hub, which is filled with resources on the history and impacts of reforms: https://lnkd.in/eBKMFTkG
Personal Insurance Federation of Florida
Insurance Carriers
Tallahassee, Florida 26 followers
Advocating for a healthy and competitive insurance marketplace for the benefit of Florida consumers.
About us
Advocating for a healthy and competitive insurance marketplace for the benefit of Florida consumers.
- Website
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http://www.piff.net
External link for Personal Insurance Federation of Florida
- Industry
- Insurance Carriers
- Company size
- 2-10 employees
- Headquarters
- Tallahassee, Florida
- Type
- Nonprofit
Locations
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Primary
Get directions
215 South Monroe Street
Suite 835
Tallahassee, Florida 32301, US
Employees at Personal Insurance Federation of Florida
Updates
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In this story from Reuters' The Insurer, PIFF's Michael Carlson shares insight on the Florida insurance market moving from deeply unbalanced to cautiously stable. More in "Reforms fuel Florida insurance revival:" https://lnkd.in/exvVFh4T
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🗞️ 17 new property and casualty insurance companies in Florida since legislative reforms:
Commissioner Yaworsky is thrilled to announce two more new property and casualty insurers approved to do business in our state! This marks 17 new companies since legislative reforms. Florida’s insurance market is healthy and continues to grow. Since January 2024, 30 homeowners companies have filed for a rate decrease and 45 companies have requested no change or a 0% increase. https://lnkd.in/egu8nYP5
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Competition increases as 2 new property insurers start in Florida. More via Naples Daily News: https://lnkd.in/ePjWstp2
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Florida drivers recently received some good news: auto insurance rates are beginning to drop. Thanks to meaningful reforms that eliminated risk-free incentives for filing baseless lawsuits, major insurers have responded with rate reductions, a welcome shift after years of volatility in the insurance market. More from the Florida Office of Insurance Regulation: https://lnkd.in/eCSwap2f
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The National Hurricane Center issued its first advisory on the fifth-named storm of the season. Sign up to receive weather and emergency alerts through state and community information channels, including public safety updates via https://lnkd.in/ek8hPQMW.
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Good news from Florida Office of Insurance Regulation on the state of the auto market: rates are falling and loss trends are down. This is due in no small part to the reforms passed in 2023. We are happy to see these trends, which reflect increased competition to the benefit of Florida consumers.
OIR is seeing steady signs of auto insurance rates dropping in Florida! Florida’s top five auto insurance groups—amounting to 78% of the market—are reporting average rate changes of -6.5% and some as high as -11.5%. OIR will continue to use every tool at its disposal to bring quality insurance products to the market at affordable prices. https://lnkd.in/eCSwap2f
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Market update on this #InsuranceAwarenessDay. 🗞️
Commissioner Yaworsky is pleased to announce two new property and casualty companies doing business in Florida. This marks 14 new companies writing residential policies since historic legislative reforms! Florida's market is becoming more and more competitive, and OIR continues to see great progress in rate requests with over 120 residential filing requests for rate decreases or 0% increases so far this year. https://lnkd.in/eKGASTBx
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Personal Insurance Federation of Florida reposted this
#NationalInsuranceAwarenessDay: Yes, it’s an official day. While it may not be a top celebrated day to spend with the family at the beach or barbecuing, it is the perfect day to set aside time to review your insurance policies and ensure the current coverage meets your needs. Schedule a policy review with your Citizens agent to ask questions, evaluate coverages, and go over home specifics. #BeReady year-round. #WeAreCitizens
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