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IDEAS IN ACTION: Florida’s Insurance Crisis—Brought by Lawyers

Blog, Insurance, Research

Florida’s homeowners insurance market is in the emergency room on life support. Homeowners and insurance agents across the state struggle to obtain reasonably priced homeowners insurance. In 2022, the average annual premium for a homeowners insurance policy was $4,231, close to three times the U.S. average of $1,544, and nearly twice Florida’s $2,505 average just two years ago. In 2023, premiums are on track to climb even higher. The Florida state legislature held two special sessions in 2022 focused on making insurance more available and affordable. Although the meetings helped raise lawmakers’ awareness of the cause of the crisis and introduced measures to arrest further market deterioration, reasonably priced insurance is expected to remain hard to find in 2023.

Florida TaxWatch Releases Report Recommending Comprehensive Review of Government Leasehold Law

Releases

TALLAHASSEE, Fla. – Today, Florida TaxWatch released Calling for Clarity: Florida’s Confusing and Conflicting Scheme for Taxing Government Leaseholds Needs Legislative Attention. The report introduces the idea that Florida’s taxation of government-owned property leased by non-government entities does not align with the principles of sound tax policy – simplicity, fairness, transparency, and ease of administration. In fact, the taxpayer research institute and government watchdog, which has been a trusted resource for state leaders for over 40 years, notes that the law governing the taxation of government leaseholds has been shaped more by the courts than the Legislature and should be subject to a comprehensive review.

Comments to the Honorable Jennifer Bradley, Chair, and Members of the Senate Committee on Community Affairs regarding SB 510 – State Funds

Releases

My name is Dominic M. Calabro, and I am President and CEO of Florida TaxWatch, an independent, nonpartisan, nonprofit taxpayer research institute and government watchdog which, for over 40 years, has worked to improve the effectiveness, efficiency and accountability of Florida government and promote a fair and equitable system of taxation.

Florida TaxWatch Report Urges The Legislature To Stop Diverting Affordable Housing Funding

Press Releases

TALLAHASSEE, Fla. – Florida’s premier, independent government watchdog of forty years, Florida TaxWatch, has released a new research report about the state’s affordable housing crisis. In the Sunshine State, there are only 26 affordable and available housing units for every 100 “extremely low-income” renter households. This is the sixth-smallest percentage of available units in the nation and well below the national average of 36 percent.

The Legislature Must Stop Diverting Affordable Housing Funding

Budget & Appropriations, Research

There is an affordable housing crisis in Florida. It is truly a nationwide problem, but it is especially acute in the Sunshine State. The availability of affordable housing for lower-income families in Florida is lower than almost all other states, and most of those at the lower end of the income scale that do have places to live are overburdened with housing costs they cannot afford.

Yes on Amendment 2 to prevent nearly $1 billion property tax hike

Op-Eds

Florida Taxwatch Chairman, Pat Neal, and President & CEO, Dominic Calabro, explain why on behalf of literally every resident of the Sunshine State, Floridians must vote “yes” on Amendment 2. Renters, business owners and consumers will be in for a major property tax increase if it fails to pass.

International Trade a Boon for Florida’s Economy

Blog

Since the early days of humanity, people have traded for goods or services that they needed. In today’s world, the power of trade has been magnified and, with the rise of technology, has made many around the world better off. With the global economy expected to double in the next 20 years, it is crucial that Florida continues to take advantage of the opportunities presented by international trade.

FEMA’s Disaster Deductible

Blog

The Federal Emergency Management Agency (FEMA) has undertaken rulemaking to consider the establishment of a deductible for its Public Assistance Program. Has Florida taken the right steps to make this new rule a favorable one?

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