Kristin Johnson, Strategic Account Executive Manager at Hub International, said on LinkedIn that Florida’s homeowners market in Tallahassee is regaining balance as tort reforms and reciprocal insurers stabilize rates for proactive, informed customers.
“Florida’s insurance market is finding its footing again,” said Johnson, according to LinkedIn. “Tort reform is helping restore balance — and those who stay proactive and informed will be best positioned to benefit.”
Florida’s homeowners insurance market has shown signs of stabilization following the 2022–2023 tort reforms that reduced litigation and attracted new carriers. According to the Florida Office of Insurance Regulation (OIR), there have been declining rate requests and a shrinking Citizens Property Insurance portfolio as private insurers reenter the market. These developments highlight how tort reform and reciprocal arrangements are supporting improved market stability.
The Florida Office of Insurance Regulation’s May 2024 market update indicated that the average admitted-market homeowner premium was about $3,600, with the average rate-request change falling to 1.6% from 7.6% a year earlier. At least eight companies filed decreases, and several submitted zero-percent filings, signaling a cooling market and stronger capitalization for reciprocal insurers after the reforms.
A Gen Re analysis citing OIR data found that Florida personal insurance litigation fell nearly 25% in the first half of 2025 compared with the same period in 2024, after a 23% drop the prior year. This decline in claim frequency and severity has encouraged new entrants, including reciprocal insurers, and eased rate pressure across the property market.
Johnson serves as Private Client Strategic Account Executive Manager at HUB International in the Greater Tampa Bay Area, where she advises high-net-worth clients on homeowners and property risk management. Her LinkedIn profile notes extensive experience in private-client insurance, especially coastal and luxury-home exposures.
HUB International, founded in 1998 through the merger of 11 brokerages, is one of North America’s largest insurance brokers. The firm provides commercial, employee-benefit, and personal-lines coverage including homeowners insurance and maintains multiple Florida offices serving coastal property clients.
