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Florida Citizens' chair Beruff urges carrier to ‘go naked’ on reinsurance

The finance committee discussed shifting market dynamics as tort reform takes effect.
  • Justin Camara was EVP and portfolio director for financial and professional liability.
  • The commissioner said more work needs to be done, but big companies are interested in coming back.
Research
Research
Carriers underweight in E&S could lead the charge in the next round of M&A.
Investors recalibrate their expectations for the segment as the soft market approaches.
Highly concentrated, overly leveraged fronts could repeat the Unicover-Reliance story.
A favorable nine months for the industry does not solve its underlying problems.
Latest news
Latest news
A quick roundup of today’s need-to-know news, including the Florida market, Lockton Re and more.
The Floridian also anticipates $115mn to $125mn in net income for the quarter.
M&A
This publication revealed earlier Everest could sell its LatAm and Canadian units.
Several lines had price decreases, while growth in most sectors slowed from previous quarters.
Featured

Featured

Featured
Perspectives
Perspectives
When owners are not paying attention, discipline and governance are not top priorities.
Unpacking how much excess capital there really is and dissecting the source of its returns.
Here’s the five-pillar playbook for insurers ready to move from pilots to profit.
Despite elevated ROEs, insurers have remained disciplined.
Interviews
The CEO said that new funding will be used to expand its underwriting capabilities.
Earlier this week, The Baldwin Group said it will merge with CAC Group in a deal valued at $1.026bn.
The executive said maintaining capacity is the main challenge in a soft market.
The acquisition brought four collector vehicle MGAs to the carrier’s existing collector vehicle portfolio.
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Analysis
Analysis
MGAs going public is now a viable option, but dominating a market comes first.
NY lawmakers are preparing a legislative package to address insurance costs in the Empire State.
Admitted carriers on the other hand are still exercising caution as regulatory reforms take hold.
M&A
Insurance Insider US reviews Euclid’s process and recent events in US MGA and retail broking.
Insider on Air
Insider on Air
In Partnership with AXIS
Michael McKenna, Head of North America Specialty Insurance, AXIS, outlines the key trends shaping the industry as 2025 comes to a close and underscores that talent acquisition and rapid technology integration will be critical for specialty insurance in 2026.
In Partnership with AXIS
Looking ahead to 2026, Michael Silas, Head of Global Credit, AXIS, sees mildly positive global growth driven by tech and infrastructure, but says credit sentiment remains cautious and reinsurers must still price to long‑term tail risk.
In Partnership with Apollo
With real-time data and analytical tools giving underwriters a clear view of pricing adequacy, mix and attachment points, and allowing faster corrective action when rates fall below acceptable thresholds, insurers are shifting into a new paradigm for soft markets, said James Slaughter, Group CUO, Apollo, during an interview at the Insurance Insider’s London Market Conference.
In Partnership with Fidelis Partnership
Insurers can turn the global energy transition into both a commercial opportunity and a force for societal good, said Charlie Heathcote, Head of Sustainability, the Fidelis Partnership, during an interview at the Insurance Insider’s London Market Conference
Conferences & awards
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New York Conference 2026 | Add to calendar

April 23 2026
Convene, 101 Park Avenue, New York

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Business Club Summer 2026

May 2026
London

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ILS Connect 2026 | Add to calendar

10 June 2026
London Marriott, Grosvenor Square

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ILS Awards 2026 | Add to calendar

10 June 2026
London Marriott, Grosvenor Square

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Insurance Insider Honours 2026

2 September 2026
London

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Insurance Insider US Honors 2026 | Add to calendar

September 30 2026
Ziegfeld Ballroom, New York

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Business Club Fall 2026

October 2026
New York

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London Market Conference 2026

November 2026
London

Upcoming webinars
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