The Florida Insurance Roundup podcast        April 22, 2024
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When Insurers Exit on The Florida Insurance Roundup podcast

Good Morning Ken!


A new report claims that Florida's property insurance market is full of “low quality insurers,” especially those Florida-based companies that write the bulk of the 7.5 million homeowners and condo insurance policies. It casts aspersions on Demotech, the rating agency that reviews their financial stability.



Former Florida Deputy Insurance Commissioner Lisa Miller sat down with Demotech President Joe Petrelli to get the other side of the story that the report didn't. She also learned that it wasn't low capital and surplus that led to seven company insolvencies, as the report claims, but instead targeted technology-enabled claim instigation.

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Joe Petrelli, President, Demotech, Inc.

If you cannot listen now, plan to do so on your drive to work or back home, or while out for a jog or walk this week. You can listen & also read a summary of the interview in the Show Notes section of the podcast. Your questions, comments, and suggestions for future topics and guests are always welcome and we certainly look forward to hearing from you! Send them to [log in to unmask]


The Florida Insurance Roundup podcast from Lisa Miller & Associates, is your program on the people, issues, and regulations shaping Florida's insurance market. It's the only podcast devoted exclusively to Florida insurance issues. Lisa, a former deputy insurance commissioner and nationally-recognized disaster insurance and recovery expert, brings you the latest developments in Property & Casualty, Workers' Compensation, and Surplus Lines insurance from around the Sunshine State. We want this podcast to be another vehicle for conversation with our clients, colleagues, and friends on these important topics. 

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