Briefing: Florida's Property Insurance Market

/ Categories: Research, Hurricane Ian, Insurance

Explore the latest insights from Florida TaxWatch's "Property Insurance Briefing" as it delves into the complexities of Florida's property insurance market amidst the 2024 hurricane season. This report examines the instability caused by soaring premiums, driven by litigation and hurricane damages, and discusses the role of Citizens Property Insurance as a critical safety net for over a million Floridians. Highlighting legislative efforts to stabilize the market and initiatives like home hardening to reduce costs, this briefing is essential for anyone affected by or interested in Florida's property insurance challenges. Download the full report for a comprehensive analysis and actionable solutions.

What’s Next: Hurricane Ian Recovery

/ Categories: Research, Hurricane Ian, Blog

On October 26, 2022, Florida TaxWatch hosted a discussion of subject matter experts to gain insight as to how Florida will overcome the impacts of Hurricane Ian as residents rebuild their homes, infrastructure, businesses, and finances. The discussion highlighted actions already taken to support residents, as well as challenges left for Florida to resolve. The Florida TaxWatch team was joined by Eve Rainey, the Executive Director of the Florida Emergency Preparedness Association; Kari Hebrank, Senior Governmental Consultant with Carlton Fields; and Fred E. Karlinsky, co-chair of the Insurance and Regulatory Transaction Practice at Greenberg Traurig. The discussion was moderated by Florida TaxWatch Senior Vice President of Research Bob Nave.

A Key to Overcoming Disasters: Complete Census Data Reinforces Resiliency

/ Categories: Research, Census, Economic Development, Hurricane Ian

Florida beaches are a treasure to the state, and as such, many residents strive to remain in close proximity to the shoreline. Statewide, 64.2 percent of employment and 79.2 percent of businesses are found within Florida’s 35 coastal counties.1 Unfortunately, the luring lifestyle of beaches comes at a cost; the homes and livelihoods of most Floridians are tied to areas susceptible to hurricane havoc.

A Rising Tide Sinks All Homes - The Effects of Climate Change on Florida's Economy

With more than 8,400 miles of coastline and a flat, low-lying coastal topography, Florida is especially vulnerable to the effects of sea level rise. Tens of thousands of Florida homes and businesses are at increased risk from sea level rise. Much of Florida’s critical infrastructure is at low elevations, designed and built with little consideration of future sea level rise. The physical effect of changing climate translates into real economic impacts.

«January 2026»
MonTueWedThuFriSatSun
2930311234
567891011
121314
Florida Economic Forecast: 2025-2034

Florida Economic Forecast: 2025-2034

Florida’s economy—valued at $1.76 trillion in Q1 2025—entered the year with strong momentum, but this Q3 2025 Florida TaxWatch forecast projects a return toward more “normal,” pre-pandemic growth rates over the next several years. While Florida’s population is still expected to climb to roughly 25.9 million by 2034, net migration is projected to cool as higher costs (housing, insurance, taxes) and other pressures weigh on in-migration.

Read more
15
Save Our Taxpayers - Property Tax Relief Must be Accomplished Equitably

Save Our Taxpayers - Property Tax Relief Must be Accomplished Equitably

Florida property tax levies have been rising rapidly—increasing by nearly 40 percent in just the last three years and more than doubling in the last ten years—with property taxes now totaling $59.2 billion (FY2025–26). With the Legislature’s increased focus on affordability, especially housing affordability, property taxes are expected to be a top issue during the 2026 legislative session.

Read more
161718
19202122232425
2627282930311
2345678

Archive