Report on Florida's Homeowner's insurance crisis

The study commissioned by the Florida Legislature found that a high number of insurance claims leading to lawsuits, particularly in Miami-Dade, Broward, and Palm Beach counties, could be contributing to the state's high homeowners insurance premiums. These litigated claims were significantly more expensive than non-litigated ones. However, the study does not fully support claims by Governor Ron DeSantis and insurance companies that frivolous lawsuits are the main cause of high premiums. Despite legislative efforts to make it harder to sue insurance companies, premiums have not decreased. The study also suggests that some lawsuits may be due to insurers' poor practices, as longer claim processing times increased the likelihood of litigation. Senator Erin Grall criticized the insurance industry for misleading the public and lawmakers to push for legislative reforms. The study, required under a 2021 bill, faced delays due to insurance companies' failure to provide data on time.