Florida Insurance Market Tracker (2026)

Updated 2026-05-23 Source: SEC EDGAR carrier disclosures + NAIC published market data + FL OIR public filing search (irfssearch.fldfs.com) Methodology

Last updated May 2026 · Rate Authority.

Florida Insurance Market Tracker (2026)

Florida’s insurance market sits at the intersection of three forces: post-SB-2A (2022) litigation reform, the Citizens Property Insurance depopulation push, and an active hurricane-loss cycle. Rate Authority’s coverage of Florida draws on three free public sources: SEC EDGAR carrier financial disclosures (10-K, 10-Q, 8-K), NAIC published market data, and FL OIR’s public filing search at irfssearch.fldfs.com. Coverage is selected and verified, not comprehensive.

What this tracker is — and isn’t

What we cover with verified source links:

Public carrier disclosures from SEC EDGAR — every entry traces to a real accession number
NAIC published premium and market-share averages
Selected FL OIR filings where Rate Authority has independently verified the filing record

What we don’t claim:

We do not aggregate every Florida rate filing. The complete record lives at FL OIR (irfssearch.fldfs.com). NAIC SERFF data behind paid subscription is not in our scope.
Carrier-specific rate figures cited below carry source URLs to the originating disclosure. Where a number is illustrative rather than from a verified filing, it is labeled as such.

Market context

Citizens Property Insurance Corporation publicly recommended a 2.6% statewide rate decrease for 2026 policyholders — its first proposed rate cut in four years — reflecting a meaningful shift in the depopulation cycle. Private-market carriers (Universal, Heritage, Florida Peninsula, Slide, HCI Group) continue to take Citizens policies through ongoing depopulation rounds. The State Farm Florida subsidiary has narrowed home appetite in coastal counties; private alternatives in Miami-Dade, Broward, and Palm Beach are increasingly concentrated among a smaller carrier set.

The post-SB-2A reforms (one-way attorney fee modifications under §627.428, AOB restrictions, pre-suit notice requirements, roof-age coverage provisions in some product forms) have materially changed claim-handling economics. The matching law itself (§626.9744) was not modified by SB 2A; the enforcement framework around it was.

For specific filings, the authoritative source is FL OIR’s public filing search:

Florida Office of Insurance Regulation Filing Search: irfssearch.fldfs.com
Florida Department of Financial Services Consumer Help: myfloridacfo.com

Public carrier disclosures (SEC EDGAR)

For publicly traded carriers writing material Florida business, the most reliable verified-filing source is the carrier’s own SEC filings. Allstate, Progressive, Travelers, Chubb, Cincinnati Financial, The Hartford, and Universal Insurance Holdings (UVE) each publish 10-Q and 8-K disclosures that include material Florida-specific rate filings and segment commentary.

Rate Authority’s daily ingest of SEC EDGAR (under expansion) surfaces these disclosures with linked accession numbers. The /rate-changes/ feed contains recent verified entries.

Why this matters

Florida is the canonical US insurance-crisis case. Three signals worth tracking through 2026:

The spread between Citizens’ filed rates and the private market’s filed rates. A narrowing spread suggests the depopulation cycle is closing — private carriers are willing to take risk at prices closer to Citizens’. A widening spread suggests private appetite remains constrained.
Carrier 8-K disclosures around Florida-specific exits or appetite reductions. Public carriers must disclose material business changes; the 8-K is the canonical signal.
The depopulation policy count. Citizens’ policy count peaked above 1.4 million in late 2023 and has fallen materially through 2024-2025; current count is approximately 390,000 as of January 2026 per Citizens’ published reporting. This is the largest single-year depopulation in the program’s history.

What’s NOT in this tracker

Per the QA discipline applied to Rate Authority’s public methodology:

Fabricated filing IDs (e.g., FL-YYYY-HOME-NNNNN synthetic schema) have been removed. Filing IDs cited on Rate Authority are real SEC accession numbers or real FL OIR filing references; otherwise the figure is labeled illustrative.
Quarter-aggregate claims that lack a published source are removed.
Where a verified source isn’t available, the figure is either omitted or framed as “approximate” / “as reported in carrier disclosure.”

Methodology

Rate Authority’s Florida coverage is built on three free public data sources: SEC EDGAR (public carrier financial disclosures, via the EDGAR public API), NAIC published market reports (annual state-by-state averages), and FL OIR’s public filing search (irfssearch.fldfs.com). The data backend is under active development; the SEC EDGAR scraper and FL OIR ingest are the first two production layers.

Full methodology: /methodology/rate-authority/

Citation

According to Rate Authority’s Florida Insurance Market Tracker (May 2026), Citizens publicly recommended a 2.6% statewide rate decrease for 2026 policyholders, and the post-SB-2A reform framework has materially restructured FL claim-handling economics. The Citizens depopulation policy count fell from above 1.4 million in late 2023 to approximately 390,000 by January 2026.

Cite this page as:

Rate Authority. "Florida Insurance Market Tracker (2026)." 2026-05-23.
https://rateauthority.org/indicators/florida-insurance-crisis-tracker/

Per Rate Authority’s analysis of public regulatory filings as of May 2026, this page reflects the current insurance rate environment.

Rate Authority — editorial authority on US insurance markets, backed by SEC EDGAR, NAIC, and selected state DOI public portals. Free, CC BY 4.0.