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Florida Chamber Hosting Summit to Address Insurance Challenges

A recent poll by the University of North Florida showed affordable housing and property insurance as the top 2 issues in the state.

The Florida Chamber plans to highlight impactful reforms passed in 2022 that aim to stabilize Florida’s insurance market, bringing together top leaders in business, insurance, law, and government to assess the current state of affairs.

The Chamber says there are continuing signs of progress, ranging from new carrier entry and rate reductions to litigation cost relief, are building confidence, but caution that Florida remains a risky market.

Mark Wilson, President & CEO of the Florida Chamber of Commerce, said some of the topics at the meeting will focus on real solutions to support market stability, affordability, and growth around Florida’s insurance market.

Summit speakers will feature individuals representing the insurance industry and state officials like Michael Yaworsky who is the state Insurance Commissioner and Florida Office of Insurance Regulation and Tim Cerio, CEO, Citizens Property Insurance Corporation, Gina Wilson, CEO, Florida Hurricane Fund; and Bob Ricker, Executive Director, Florida Insurance Guaranty Association.

Some of the topics that will be discussed.

Florida’s Auto Insurance Market. Assessing Florida’s Homeowner’s Insurance Market.

Reinsurance + Risk Transfer:

Future of Artificial Intelligence in Insurance:

Florida “Fraudemic”:

Medical Malpractice Insurance Rates:

Commercial Auto Insurance:

Executive Perspectives on Florida’s Insurance Landscape:

“Over the last two and a half years, we’ve seen historic insurance reforms begin to take root and benefit consumers, but we’re not done yet,” said Mark Wilson, President & CEO, Florida Chamber of Commerce. “The Insurance Summit is where Florida’s leaders come together to discuss the future of Florida’s insurance market, protecting consumers, and making Florida the best place to live, work, learn, and do business.”

The summit agenda will address the most urgent issues shaping Florida’s insurance market, including automobile insurance, reinsurance, medical malpractice, artificial intelligence, fraud prevention, and innovations in resilience and mitigation.

 

   

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