Floridians for Lawsuit Reform announced on X that Florida’s homeowners insurance market is showing signs of recovery. The organization cited Gallagher Re’s description of the state as a “Sunshine success story,” noting that reinsurance costs have decreased by more than 10%, lawsuits have returned to 2019 levels, and legal expenses are at decade lows.
According to Gallagher Re’s white paper, Florida’s recent tort and insurance reforms are credited with restoring insurer confidence and reducing the litigation burden in the homeowners market. The document outlines how Florida has transformed from a high-litigation, high-cost property market into one attracting new capacity and broader insurer participation. Floridians for Lawsuit Reform suggests this shift indicates that the state’s legal-framework changes are producing tangible outcomes.
Gallagher Re reports that during the June 1, 2025 reinsurance renewal cycle, Florida homeowners-insurance carriers achieved an average 10.7% reduction in risk-adjusted reinsurance rates. This signals lower underlying legal and claims exposure. Alongside these savings, legal defense costs dropped sharply—Florida’s Defense & Cost-Containment Expense (DCCE) ratio fell from 8.4 in 2022 to 3.1 in 2023, according to Insurance Business Mag. These metrics support the argument that curbing excessive lawsuits and tightening litigation incentives has led to measurable cost relief in the homeowners segment.
Per Gallagher Re’s commentary, the number of property-insurance lawsuits in Florida declined by more than 30 percent between 2024 and 2025, returning litigation volume to what was seen in 2019—a stark reversal of prior escalation. The report attributes this reduction to reforms such as eliminating one-way attorney-fee recovery, tightening bad-faith standards, and restricting certain assignments-of-benefits practices. Floridians for Lawsuit Reform uses this data to assert that the homeowners-insurance market is stabilizing thanks to legal-system changes.
Floridians for Lawsuit Reform is a statewide advocacy group based in Florida promoting legal reforms aimed at reducing litigation abuse and stabilizing insurance markets—particularly for homeowners. The organization focuses on legislative advocacy in Tallahassee, argues for reforms that lower legal-expense burdens, and supports policies intended to make homeowner insurance more accessible and affordable for Florida residents.
