Insurance Commissioner predicts 'continued strengthening' of insurance market in Milton's wake

Insurance Commissioner predicts 'continued strengthening' of insurance market in Milton's wake

Claims of the demise of Florida’s property insurance market are exaggerated. And indeed, it’s only getting better despite a pair of recent devastating major hurricanes, due to work being done in Tallahassee.

That’s the claim from Michael Yaworsky, the head of the state’s Office of Insurance Regulation (OIR), who is trumpeting “additional encouraging developments related to the state’s strengthening property insurance market” in the wake of the one-two punch of last month’s Hurricane Helene and Wednesday’s Hurricane Milton.

For starters, USAA’s commitment to the state goes beyond a former Tampa Bay Buccaneer starring in their ad campaign.

Per the email from OIR, “following a meeting between G...

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