The American Property Casualty Insurance Association (APCIA) says some of the Florida Legislature’s top priorities in 2026 will center on the use of AI and ensure that tort reform laws passed in 2022-2023 are maintained.
“Florida’s property and casualty insurance market is experiencing strong growth and stability, improving affordability for policyholders thanks to legislative abuse reforms passed by the Legislature and signed into law by Governor DeSantis,” APCIA said.
The insurance lobby says there are signs of market improvement in several key areas.
Rates are stabilizing as many companies are lowering their rates. 17 new insurance companies have entered the market to provide insurance.
Private homeowner insurance lawsuits are down, Citizens Property Insurance is lowering premiums by an average of 8.7% across the state, and policy volume is at its lowest level in 14 years.
“At a time when overall affordability remains a concern for Floridians, legislators and Governor DeSantis have delivered decisive policies that have delivered real results and led to an impressive recovery in the market,” said Chase Mitchell, assistant vice president for state government relations at APCIA.
Some Republican lawmakers who supported the 2022-2023 reform have quietly debated whether the bill is too disadvantageous to the trial lawyer industry and whether some parts of the current law need to be rolled back.
But APCIA says justice system abuse reform must continue to maintain this positive momentum and ensure Floridians enjoy lower prices and more compensation options as the market continues to improve.
APCIA says another item they oppose is the repeal of Florida’s no-fault auto insurance law, known as PIP.
The group says eliminating Florida’s no-fault auto insurance program would likely lead to higher auto insurance premiums for those who can least afford it and could increase the number of uninsured motorists on Florida’s roads.
