Florida legislative impact on the horizon as more policies move to Citizens: Brown & Brown CEO
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Florida legislative impact on the horizon as more policies move to Citizens: Brown & Brown CEO

Thorsten Schier
April 25, 2023
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Brown & Brown CEO J Powell Brown said he foresees the changes from December’s special session to be positive in the long term, but until then, more policies will continue moving into Citizens.

Speaking to analysts during the firm’s Q1 earnings call, Brown added that Citizens is still the insurer of last resort, but its underwriting guidelines have changed, and there’s not a rate cut from the state government as there was...

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