For years, Florida’s insurance market faced a crisis, with skyrocketing premiums and insurer insolvencies leaving homeowners with few options. Thanks to landmark reforms championed by Gov. Ron DeSantis and the Legislature, the tide is finally turning. These strategic policy changes have brought much-needed stability, attracted new insurers, and provided homeowners with more choices.

Given this progress, now is not the time to disrupt the market with untested reforms. Stability takes time, and the full effects of recent legislation must be allowed to take hold. When Florida lawmakers convene their next two-month session on March 4, they should resist the urge to enact further changes that could derail the positive momentum we have seen so far.

The evidence speaks for itself. In 2023 alone, more than 10 new property and casualty insurers entered the Florida market, giving consumers increased options and fostering a more competitive landscape. A stable insurance environment encourages more capital investment, ultimately benefiting consumers. However, regulatory changes at this stage could deter new entrants and potentially drive up costs for policyholders.

Even more encouraging, the market has seen 12 consecutive months of underwriting improvement, with the potential for rate reductions on the horizon. Since January 2024, 17 companies have filed for rate decreases, and 34 companies have requested 0 percent increases. As these reductions accumulate over time, consumers will benefit from increased competition, leading to more affordable rates and, most importantly, a financially viable market. These transformational changes demonstrate that recent reforms are working as intended and delivering the expected rate relief for consumers. When these measures were enacted, legislative leaders cautioned that the impact would not be immediate — it would take time for the systemic changes to stabilize the market and lower insurance rates.

The real challenges facing Florida’s insurance market stem from external pressures, including natural disasters, rising reinsurance costs, and past litigation abuse. Recent hurricanes have caused widespread damage, increasing claims costs and straining insurers financially. To manage risk and keep coverage affordable, insurers rely on reinsurance — but reinsurance costs in Florida have surged, making it more expensive for insurers to operate. Misconceptions about insurer profitability or affiliated transactions often overlook the significant expenses of running a property insurance company, including reinsurance, claim payouts, and operational costs. In reality, most insurers operate on tight margins and must engage in responsible financial management to remain viable. The Office of Insurance Regulation has a robust financial oversight framework to regulate affiliated party transactions and prevent unlawful or excessive asset distributions, contrary to some recent assertions in the media.

Excessive litigation was a major driver of Florida’s past insurance crisis. Recognizing this, lawmakers enacted strong reforms to curb litigation abuse and promote market stability. At the same time, they enhanced the Insurance Commissioner’s ability to hold insurers accountable. If companies fail to properly adjust and promptly pay claims, Commissioner Yaworsky now has a dedicated Deputy Commissioner and a proactive team tasked with enforcing insurers’ claims-paying responsibilities. Additional regulatory changes at this juncture would be premature and could introduce further uncertainty and disruption.

Given Florida’s heavy reliance on catastrophe reinsurance, lawmakers may want to consider harmonizing the state-created Florida Hurricane Catastrophe Fund with the private reinsurance market to serve as a stabilizing buffer during periods of stress and volatility. While future legislation may be necessary or desirable, for now, it is essential to let the reforms work and allow the Office of Insurance Regulation to collect the necessary data to guide informed legislative decisions.

The Legislature has enacted comprehensive, thoughtful reforms to stabilize a struggling property insurance market. Now, the best course of action is to allow these measures to take full effect. By maintaining a steady approach and fostering a competitive, stable insurance market, lawmakers can continue to protect Florida homeowners and support a resilient insurance industry.

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Kevin McCarty is a former Florida Insurance Commissioner who served from 2003 to 2016. With decades of experience in insurance regulation and policy, he played a key role in shaping Florida’s insurance landscape. McCarty is a nationally recognized expert on insurance market stability and risk management, advising industry leaders and policymakers on best practices for maintaining a competitive and consumer-friendly market.

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Andrew Tate said he was disappointed in Florida Gov. Ron DeSantis on Monday while speaking on a podcast several days after he and his brother, Tristan, who are charged with human trafficking in Romania, returned to the U.S.

Andrew Tate appeared on the PBD Podcast, hosted by Patrick Bet-David, and said DeSantis likely caved to media pressure last week when he told reporters that the Tates weren’t welcome in Florida, after they landed in Fort Lauderdale on Thursday. DeSantis said Florida’s Attorney General was examining whether the state may have any jurisdiction over the brothers’ alleged crimes, and if so, how to hold them accountable. In court documents, the Tates have said they are not and have never been Florida residents.

“I don’t know why Ron’s answer wasn’t, ‘He has an American passport. The judicial system in Romania, which I know absolutely nothing about, decided to let him fly, and he’s flown to his home country. As far as we’re concerned, he’s broken no laws,’” Tate said. “Instead, what he did was say: ‘We’re going to get our Attorney General to try and find some laws he’s broken and wreck this man who’s done nothing inside of the United States ever.’”

In contrast, Tate described U.S. President Donald Trump as “such a boss” in his response to reporters about the Tate brothers. A reporter asked Trump if his administration had pressured the Romanian government to release the brothers, and Trump said, “I know nothing about that.”

Andrew Tate, 38, is a former professional kickboxer and self-described misogynist who has amassed more than 10 million followers on the social platform X. He and his brother Tristan Tate, 36, are vocal supporters of Trump.

Andrew reiterated on Monday that he has not been convicted of any crimes.

“Isn’t the whole point of democracy, innocent until proven guilty?” Tate said. “I’ve yet to even have a trial, let alone a conviction. I’ve never even been tried after three years. I’ve never been to trial.”

Andrew Tate is a hugely successful social media figure, attracting millions of followers, many of them young men and schoolchildren drawn in by the luxurious lifestyle the influencer projects online.

He previously was banned from TikTok, YouTube and Facebook for hate speech and his misogynistic comments, including that women should bear responsibility for getting sexually assaulted.

The Tates, who are dual U.S.-British citizens, were arrested in late 2022 and formally indicted last year on charges they participated in a criminal ring that lured women to Romania, where they were sexually exploited. Andrew Tate was also charged with rape. They deny the allegations.

The Tates’ departure came after Romanian Foreign Minister Emil Hurezeanu said this month that a Trump administration official expressed interest in the brothers’ case at the recent Munich Security Conference.

Just weeks ago, Andrew Tate posted on X: “The Tates will be free, Trump is the President. The good old days are back. And they will be better than ever. Hold on.”

DeSantis’ office didn’t immediately reply to an email seeking comment about Monday’s podcast with Tate.

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The Associated Builders and Contractors (ABC) of Florida has selected Kelvin Enfinger as its 2025 Board Chair.

Enfinger is the Vice President and Partner of Greenhut Construction Company in Pensacola.

A native of Northwest Florida, Enfinger has worked in construction and as a tradesman his entire career, working his way up to leadership at Greenhut, where he is part of a management team overseeing more than $650 million in construction in a variety of sectors, including retail, health care, aviation and education.

ABC of Florida represents more than 2,000 member companies and has five chapters across the state. It is the largest commercial construction association in Florida, and serves as the “voice of commercial construction” in Tallahassee.

In addition to his new role as Chair of the ABC of Florida Board, Enfinger is also a member of the group’s National Tech and Innovation Committee and its National Free Enterprise Alliance Committee. He also serves on boards for the NAIOP Northwest Florida, FloridaWest EDA and BRACE in Escambia County.

Additionally, Enfinger is also a member of the University of West Florida Construction Management Advisory Council and is a past Chair of the ABC North Florida Board (2024) and is a past member of the ABC National Board (2024).

ABC of Florida employs a full-time team of lobbyists to advocate in Tallahassee for the interests of the organization and its members, and for legislation that benefits the broader construction industry.

Each year, members of the group participate in one of several “Capitol Days” in which various groups, organizations and businesses share with lawmakers and other members of the legislative process what they do and why. ABC of Florida members wear hardhats and discuss real-life impacts of government regulations affecting construction.

The industry is one of the top five economic drivers in Florida’s economy, according to the group.

Its chapters include Central Florida, the East Coast, the First Coast, the Gulf Coast and North Florida.

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