- Florida and Texas are facing shared exposure to high uninsured flood risk following events as of May 28, 2026.
- Florida is addressing storm risk and legislative reforms related to the state's insurance market.
Frank J. Russo proposes property insurance reform in Florida, citing the successful model used in Texas.
1 report, 1 independent
Updated Jul 21
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What happened
Frank J. Russo proposes property insurance reform in Florida, citing the successful model used in Texas.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- A consulting firm conducted an actuarial study, leading to legal reforms that stabilized the property insurance market.Sub-event
Insurance reform in Florida proposed by Russo, using Texas as a model.1 source
Keep exploring
Part of
Florida is addressing storm risk and legislative reforms related to the state's insurance market.Also in this story
- The Florida state senate threatened journalists who were investigating the state's insurance market.
- Policy debates in Florida involve FEMA mandates influencing rebuilding permits and a proposed comprehensive insurance overhaul.
- Florida Department of Transportation manages traffic policy to aid evacuation during hurricanes.
- A new law, AB 1795, has been introduced that shifts the liability burden onto insurers within the insurance market.
The entities involved
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Florida
state of the United States of America
- Joint reporting by local media outlets exposed industry issues and highlighted the role of local companies in the Florida insurance market.
- The article covers three concurrent stories: Brightline facing financial strain, FPL offering bill credits to seniors, and Florida's wage hike attracting workers from Alabama.
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Texas
state of the United States of America
Related events
- Legislative reforms in Florida are encouraging Citizens Property Insurance Corporation to take on new policies.
- Advocates cited Florida's successful reforms as a model for other states.
- Frank Russo, a new gubernatorial candidate in Florida, sold his company and challenged Byron Donalds to a public debate.
- Citizens Property Insurance Corporation operates within the Florida risk transfer marketplace.
- Florida legislative reforms are enabling insurance companies to reduce premiums and address litigation costs.