AM Best’s Briefing: The State of the Florida Property Market Ahead of the 2024 Hurricane Season

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AM Best analytical staff and industry experts discuss the current market dynamics at play in the Florida property market ahead of what is predicted to be an active hurricane season. 

Topics include:

  • The ongoing impact of the legislative reforms on pricing, capacity and availability of coverage
  • Progress report on state efforts to aggressively depopulate Citizens Property Insurance Corporation of Florida
  • Update on the June 1 reinsurance renewals
  • A deeper look at the new company structures that are being formed in Florida to assume risk (Delegated Underwriting Authority Enterprises/Managing General Agents & Reciprocals)

Moderator: Sridhar Manyem, Senior Director, AM Best

Panelists:
  • Randy Fuller, Managing Director, Guy Carpenter
  • Dave Newell, VP of Membership & Industry Relations, Florida Association of Insurance Agents
  • Josie Novak, Financial Analyst, AM Best
  • Dawn Walker, Associate Director, AM Best