Florida Homeowners Brace for Another Year Without Insurance Relief
As Florida’s legislative session reaches its midpoint, one message has grown impossible to ignore: homeowners should not expect any new insurance relief this year. Despite widespread frustration over soaring premiums, lawmakers appear firmly set on avoiding any new insurance reform for 2026.
A Growing Concern for Homeowners
For Floridians across the state, this lack of legislative action is more than a political footnote—it’s a financial turning point. Broward County resident Lisa Riggi shared the painful reality many families are living with.
“We’re looking at moving… it’s not affordable for us to stay here anymore,” Riggi told WPTV.
Stories like hers continue fueling debates over whether earlier reforms were enough to stabilize Florida’s increasingly fragile insurance market.
Republican Leaders Say the Market Is Improving
Senate President Ben Albritton maintains that lawmakers have already pushed through significant insurance reforms in recent years, especially targeting litigation and lawsuit abuse. Republican leaders argue these changes are finally beginning to settle into the system—and that the market simply needs time to correct itself.
Industry insiders share a cautiously optimistic outlook. Windward Risk Managers’ Stacey Giulianti even suggests that rate decreases could be on the horizon—if economic conditions stabilize.
“If inflation stays solid… you’re going to see rates come down again,” Giulianti said.
Democrats Push Back, Calling for Immediate Action
Senate Minority Leader Lori Berman expressed frustration over shelving all insurance proposals this session, including a bold plan for a multi-state risk-sharing compact requiring participation from at least 14 states.
Democrats have submitted 11 insurance-related bills this year—yet every one of them remains stalled under the Republican majority.
What Lawmakers Are Focusing on Instead
With insurance issues set aside, Florida lawmakers are redirecting their attention toward property tax relief—another financial strain impacting families statewide.
Why This Matters for Real Estate Professionals
Insurance volatility doesn’t operate in a bubble—it directly shapes Florida’s real estate landscape. For real estate professionals, mortgage advisors, and insurance agents, staying ahead of legislative trends is essential.
This is where Cameron Academy continues to support industry experts. Whether you’re renewing your professional license or expanding into a new field, our courses help you stay aligned with the ever-evolving regulatory environment shaping your career.
Story originally reported by WPTV. Article adapted for Cameron Academy readers.
More Articles
Getting licensed or staying ahead in your career can be a journey—but it doesn’t have to be overwhelming. Grab your favorite coffee or tea, take a moment to relax, and browse through our articles. Whether you’re just starting out or renewing your expertise, we’ve got tips, insights, and advice to keep you moving forward. Here’s to your success—one sip and one step at a time!
Long Island’s commercial real estate market just smashed every previous record, hitting an unprecedented $4.1 billion in 2025 deal volume—up a massive 71.5 percent from the year before. A surge in specialty-use properties like assisted living centers and self-storage facilities fueled the boom, alongside hundreds of new transactions across Nassau and Suffolk counties. With investor confidence rebounding, interest rates easing, and new buyer profiles entering the scene, the region has become one of the hottest real estate markets to watch.
Federal cuts to housing oversight in 2026 are creating a nationwide regulatory scramble, with states—especially California—rapidly stepping in to fill the gap. As the CFPB reduces its enforcement role, lawmakers and agencies across the country are crafting their own rules on mortgage compliance, consumer protection, affordability, and even AI‑driven underwriting. For real estate, mortgage, and finance professionals, the message is clear: state regulations are becoming just as influential as federal policy, making ongoing education and compliance awareness more critical than ever.
The insurance industry poured an eye‑opening $172 million into federal lobbying in 2025, making it the fourth‑largest lobbying sector in the country. Medical insurers led the spending, but property and casualty giants weren’t far behind, with APCIA, Nationwide, Liberty Mutual, and Allstate all landing among the top contributors. And this is only federal spending—state‑level influence, where regulations are truly shaped, remains vastly underreported. For professionals in insurance, real estate, and finance, these lobbying efforts play a powerful role in shaping regulations, costs, and the competitive landscape.
Florida’s home insurance market saw a 3.35% non-renewal rate last year—a small percentage that translated into hundreds of thousands of homeowners suddenly losing coverage. Driven by repeated storm damage, soaring construction costs, heavy litigation, and insurers pulling back from high-risk areas, the state’s insurance landscape is rapidly shifting. Homeowners now face higher premiums, fewer options, and tougher underwriting, while professionals in real estate, mortgage, and insurance must stay informed to guide clients through a tightening market.
Florida’s recent tort reforms are doing far more than reshaping the state’s legal system—they’re driving down property and casualty insurance costs by an average of 14.5% and injecting over $4.2 billion into the state’s economy each year. With nearly 30,000 jobs supported and state and local governments seeing hundreds of millions in new tax revenue, the changes are already transforming Florida’s insurance market. Lawsuits have dropped, insurers are returning, and businesses and homeowners alike are reaping the benefits of a more balanced, competitive, and financially resilient environment.
Major commercial real estate firms are reporting strong revenue and renewed market activity, signaling a rebound in dealmaking and office demand. Yet even with record earnings, CEOs from CBRE, Colliers, and Marcus & Millichap spent much of their earnings calls addressing a growing concern: whether artificial intelligence could threaten traditional brokerage and valuation roles. While leaders insist that complex transactions still rely on human relationships and negotiation, AI‑related market jitters briefly pushed some CRE stocks down before they recovered.
