Florida's excess and surplus (E&S) lines industry emerged relatively unscathed from the 2010 legislative session. There was some concern that special interest groups might attempt to challenge the legislation that resolved the fallout from the Essex v. Zota decision the previous year, but no such challenge was mounted. The veto by Gov. Charlie Crist of the omnibus property bill, which posed a potential problem for E&S by expanding the definition of MGAs, ensured the status quo on that front.
With regulatory issues moot for the moment, attention is drawn to premium growth and competition, both of which have been experiencing some unusual and notable trends.
P&C Lines
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
