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Florida’s property insurance market is stabilizing — stay the course

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Just a few years ago, Florida’s property insurance market was in serious distress. A combination of excessive litigation, escalating reinsurance costs, and the steady withdrawal of private carriers left homeowners with surging premiums and diminishing options. In response, Gov. Ron DeSantis and the Florida Legislature enacted a comprehensive package of reforms in 2022 designed to restore market stability, rein in abuse, and rebuild confidence among insurers and investors.

Today, those reforms are delivering results.

Private capital is reentering the market. Citizens Property Insurance Corporation is reducing its policy count. Rate trends are beginning to reverse. But this recovery is still in its early stages — and it hinges on the Legislature’s continued resolve to protect the framework that enabled it.

Any move to undo the reforms that curtailed excessive litigation would send an immediate and damaging signal to capital markets and global reinsurers. Reintroducing incentives to litigate inflates claims costs, disrupts pricing predictability, and injects legal uncertainty into a market that is only beginning to regain equilibrium. These dynamics directly impact the cost and availability of catastrophe reinsurance — the risk transfer mechanism upon which insurers expand capacity to underwrite risk in Florida.

Systemic reform, measurable results

Since the 2022 reforms took effect, the market has shown tangible signs of recovery. Eleven new private insurers entered Florida’s market in the past year, fostering increased competition and consumer choice. Even more encouraging, since January 2024, 17 insurers have filed for rate reductions this year, while 34 more are maintaining existing rates.  Finally, private insurers’ assumption of Citizens policies has reduced Florida taxpayers’ exposure by $170 billion.

Investor confidence depends on regulatory stability

Global capital is highly sensitive to regulatory risk. Reinsurance markets — particularly in the catastrophe space — are even more so. They evaluate not only a region’s actuarial and environmental risks but also the predictability and durability of its legal and regulatory framework.

If Florida signals that it is willing to revisit or weaken the legal reforms of 2022, reinsurers and private capital providers will reassess their exposure to the state — and they may choose to reprice or withdraw. That means higher reinsurance costs, reduced insurer capacity, and ultimately higher premiums and fewer options for Florida homeowners.

Reform requires time — and political resolve

The 2022 reforms were never intended to be an instant fix. Market correction takes time. But the early data shows progress, and the trend line is finally moving in the right direction. Private insurers are returning. Consumers are beginning to feel some relief. Reinsurance capacity, while still constrained, is stabilizing.

Undoing that momentum now would come at a steep cost — and not just in dollars. It would undermine the credibility of Florida’s policymaking environment and signal to investors that long-term commitments in this state are subject to short-term political pressure.

Stay the course

As the legislative session continues, lawmakers should exercise caution and discipline. Reopening the 2022 reform package — especially provisions related to litigation reform — would jeopardize the foundation of the recovery and reintroduce uncertainty at the very moment stability is taking hold.

Florida’s insurance market is stabilizing because the state sent a clear and consistent message to the global financial community. That message must not change. Because in insurance — as in all capital-dependent industries — confidence is everything.

Let the reforms work. Stay the course.

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Kevin M. 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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Pembroke Park to hold Easter celebration for kids at Raymond P Oglesby Preserve

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Easter is fast approaching, and the city of Pembroke Park is helping families get in on the action one weekend early.

On Saturday, the city is hosting an Easter event, featuring a helicopter dropping 5,000 Easter eggs containing prizes for kids to hunt.

The event will take place at the Raymond P Oglesby Preserve, located at 3115 SW 52nd Ave in Pembroke Park. Festivities will begin at 10 a.m.

The egg drop will be split up by age group. Groups for ages 3 and younger, as well as 4-6 years old, will be able to compete at around 11 a.m. Groups for kids ages 7-9 and then 10 and older will go hunting at around 11:30 a.m.

“This is one of the most fun events we have every year,” Pembroke Park Mayor Ashira Mohammed said in a statement promoting the event. “I can’t wait to see the children’s faces light up with awe and joy as the Easter eggs drop from the helicopter.”

According to the city, there are many other activities scheduled, including games, bounce houses, musical performances, face painting, bike giveaways and more.

The Mayor is promoting the event, as are Vice Mayor Eric Morrissette, Clerk Commissioner William R. Hodgkins, Acting Clerk Commissioner Musfika Kashem and Commissioner Geoffrey Jacobs.

The Easter Bunny will also be on hand for pictures.

The event is scheduled to run until 2 p.m.


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Daniella Levine Cava vetoes fluoride removal, citing guidance from dentists, medical experts

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In a rare veto, Miami-Dade Mayor Daniella Levine Cava has reversed a plan to remove fluoride from the public tap water, setting up a likely clash with the majority of the County Commission that approved the change early this month.

Levine Cava announced her decision during a press conference alongside members of the Dade County Medical Association and Dr. Beatriz Terry, the immediate past President of the Florida Dental Association.

“As not only your Mayor, but also as a mother and grandmother, I care deeply about protecting the health, safety, and well-being of our community. I have listened to the dentists and medical experts and the message is clear: Water fluoridation is a safe, effective and efficient way to maintain dental health in our county — and halting it could have long-lasting health consequences, especially for our most vulnerable families,” she said.

“I welcome continued and balanced dialogue as we move forward to make the best decision on behalf of our county’s nearly three million residents. I urge the Board to sustain this veto, so that we can continue building a safe and healthy Miami-Dade.”

Miami-Dade Commissioners voted 8-2 on April 1 to discontinue a water fluoridation program the county has had since 1958. Supporters of the change proposed by Commissioner Rob Gonzalez, including Florida Surgeon General Joseph Ladapo, cited studies linking fluoride consumption to bone damage and lower IQ levels in early childhood development.

Opponents argued that the tiny concentration of fluoride in the water is far too low to hurt people and stressed its health benefits, particularly for poorer residents. A survey by the American Dental Association’s Health Policy Institute found 92% of dentists support water fluoridation.

After the vote last week — in which Commissioners Eileen Higgins and Raquel Regalado, a Democrat and Republican, respectively, voted “no” — Levine Cava confirmed she was considering a veto. She held a roundtable discussion with health professionals about the matter Monday.

Polling by GOP and Democratic consulting firms found that while an overwhelming share of Miami-Dade residents value the professional opinion of dentists and prefer public officials who take their advice, skepticism over the benefits of fluoride persist.

The County Commission would need nine votes to override the Mayor’s veto, one vote more than the number that approved Gonzalez’s measure. That may be too high a threshold, provided Higgins and Regalado maintain their stance.

Commissioner Kevin Marino Cabrera will soon leave the 13-member panel after being confirmed Wednesday as the U.S. Ambassador to Panama, meaning all three Commissioners absent from the April 1 vote — Marleine Bastien, Keon Hardemon and Micky Steinberg, all Democrats like Levine Cava — would have to vote for the override for it to succeed.


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Common Ground Alliance conference again unearths critical safety info

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Every day, buried power, water, gas, internet and other utility lines are damaged 71 times across Florida. But all of those accidents could be avoided with just a simple phone call or click.

That was one major takeaway from Common Ground Alliance’s 2025 Conference & Expo, held this week at the Orlando World Center Marriott.

The Common Ground Alliance is the only national nonprofit, nonpartisan association working to prevent damage to underground utilities. It brings together leaders from 16 industries, including oil and gas pipeline operators, construction and equipment manufacturing companies, 8-1-1 call centers and underground locating technology companies. The Alliance turns 25 this year.

Some 1,600 damage prevention leaders attended the 2025 conference, making it the largest event of its kind in the U.S., as well as a return to Orlando following the group’s successful 2023 annual conference.

In all, buried utilities are damaged more than 190,000 times each year nationwide, about once every three minutes. The damage costs the U.S. $30 billion annually.

And Florida leads the nation among U.S. states for these accidents, with nearly 26,000 incidents of damage to buried infrastructure each year. In Florida, digging snafus have contributed to road collapses in West Palm Beach, water main breaks and boil water notices in Daytona Beach, and even fatal accidents in Southwest Florida.

The problem could get even worse, with utilities increasingly moving underground in Florida. Tampa Electric Company has invested $100 million per year to bury overhead electric lines in recent years, while Florida Power & Light has cited underground electric lines as important for hurricane recovery.

“As we mark this milestone of 25 years of damage prevention insights, this year we reflected on the past by looking towards the future of solutions, innovations, and partnerships helping reduce the damage that risks lives, property, and disruption to Florida’s businesses and communities,” said Sarah K. Magruder Lyle, President and CEO of the Common Ground Alliance and Executive Director of the Damage Prevention Action Center.

“We thank Orlando for the warm welcome back, and we’re grateful to the attendees and sponsors helping us raise awareness of what’s at risk and how to protect the critical buried infrastructure on which all Americans rely.”

That awareness has been key to the Alliance’s work, which has gained some bipartisan attention. That includes welcome messages at the concert from Senate President Pro Tempore Jason Brodeur and Reps. Dan DaleyChip LaMarca and Allison Tant, as well as Central Florida-area Reps. Rita HarrisJohanna López and Leonard Spencer. Brodeur and LaMarca are Republicans, while Daley, Harris, López, Spencer and Tant are Democrats.

Joshua Bowes, Military and Veteran Affairs Director for Democratic U.S. Rep. Darren Soto, was also on hand to learn about veteran hiring efforts from company leaders at Badger, UtiliQuest and other conference sponsors.

The Damage Prevention Action Center — the industry’s advocacy arm — also met at the conference to discuss key state and federal issues impacting damage prevention. That includes the Promoting Innovation in Pipeline Efficiency and Safety (PIPES) Act, legislation in Congress that would allocate funding for protecting buried infrastructure.

It has some bipartisan support, including from U.S. Rep. Dan Webster, who chairs the House Subcommittee on Railroads, Pipelines, and Hazardous Materials.

Acting Administrator Benjamin Kochman of the U.S. Pipelines and Hazardous Materials Safety Administration also spoke on behalf of the Donald Trump administration’s push to increase American energy production. Despite ease of access, Common Ground Alliance data shows that more than 27 million Americans won’t contact 811 before they dig. That represents nearly half of all those planning digging projects in the coming year.

Even those planning do-it-yourself projects, including gardening, putting up a fence or installing a mailbox, could interfere with underground utilities.

“Whether you’re a homeowner planting a garden or a contractor breaking ground on a major project, we encourage you to contact 811 prior to any excavation activity to ensure a safe dig every time,” said U.S. Secretary of Transportation Sean Duffy in a Common Ground Alliance press release highlighting April as National Safe Digging Month.

Numerous state 811 organizations participated in the conference, including Sunshine 811, Florida’s state call center.

“As a Central Floridian, I think it’s important for Sunshine 811 to spread awareness for damage prevention,” noted Elliot Patterson, Central Florida Education Liaison for Sunshine 811, speaking from the organization’s booth at the conference’s expo hall.

That expo hall featured nearly 100,000 square feet of exhibit space, the conference’s largest-ever and the equivalent of nearly two football fields. Exhibits included the latest technology for safe digging. One exhibit showcased a GPS-enabled ground-penetrating radar device, vacuum excavation equipment that allows digging using compressed air or high-pressure water, and cloud-enabled handheld subsurface mapping equipment.

The conference came as Florida increases its investment in new infrastructure. Gov. Ron DeSantis has included in his proposed 2025-26 budget $13.8 billion for transportation-related construction and maintenance, and $25 million for infrastructure improvements at Florida ports, logistics centers and fuel pipelines.

Nationally, Trump announced in January a $500 billion commitment to data center construction that prominently features utilities. And Florida is among states under consideration by OpenAI for additional data centers.

“Dozens of times a day, we’re just one digging incident away from losing power, internet, electricity, or natural gas in our neighborhoods — and in Florida more than anywhere else in America,” Magruder Lyle noted last week to Florida Politics.

“The risk that a single hit to critical utility lines can pose to communities, businesses, residents, and visitors is underrated. But so much of this risk is avoidable by requiring commonsense measures like contacting 811 before every dig, and modernizing Florida’s digging laws.”


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