CFO Jimmy's Patronis' Seal

Florida Keeps Policyholders First


This week, I led a Keeping Policyholder First Insurance Roundtable in Clearwater with state legislators as well as business and community leaders to highlight the successes made to improve Florida's property insurance market. It's no secret that insurance challenges have become a nationwide crisis, driving up costs across the country as inflation, natural disasters, litigation, and fraud have caused a perfect storm for policyholders. Florida has met these challenges head on and our insurance market is improving day by day. I tell people all the time that it's like turning a giant cruise ship, it takes time to pass the needed reforms turn the industry around but I'm thankful that we have so many great leaders in our state manning the helm. 

Secondly, I was thrilled to see Governor DeSantis sign legislation to fund and improve the My Safe Florida Home (MSFH) program. The new funding will provide grants for nearly 20,000 Floridians with special priority going to help Florida's seniors and low-income homeowners first. There is no better time than right now to harden your home against storms and cut your homeowners insurance costs. Another hurricane season is fast approaching and unfortunately, Mother Nature loves our state and it's not if but when a major storm will take aim at Florida.

Lastly, I issued a letter to the Florida Congressional delegation, encouraging their support of legislation authored by Senator Rick Scott and Senator Maro Rubio, along with efforts by Representative Aaron Bean, codifying the state's ability to permit certain development projects. Florida's economy is booming and with more than 1,200 newcomers moving to the state every day, we need congressional action now to overturn this short-sided D.C. District Court ruling.



Patronis' Signature

Jimmy Patronis
Chief Financial Officer
State of Florida

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