Citizens Property Insurance CEO: litigation issue is at crisis level

Runaway legal costs from insurance litigation threatens Florida economy, says Barry Gilway.


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  • | 1:55 p.m. April 17, 2021
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Courtesy. Barry Gilway
Courtesy. Barry Gilway
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How did we move — in just five years — from a vibrant insurance market where financially solid companies competed for business to an unhealthy environment where policyholders who have never filed a claim are being dropped or see their premiums jump 30%, 40%, 70% in a year? 

Last week, we got an answer.

 

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