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Florida's property insurance market amid Citizens' continued depopulation

Things are looking good for private property insurers in Florida, but will 2015 be the year the state finally sees another major storm?

By Caterina Pontoriero | Updated on July 23, 2015

The Florida property insurance market is looking good these days, thanks to 10 years without a major hurricane event. Will 2015 be the year that changes?

A.M. Best asks that question in the title of its latest report on the property insurance market in Florida. “Florida Property Insurers Remain Untested: Will 2015 Be the Year?” takes a look at how marketshare has shifted to and away from Citizens Property Casualty Insurance Corp. and back to private insurers in the past 10 years.

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