This report offers a detailed view of market performance across three main subgroups: Florida Specialists, Citizens and ANTSP (Allstate, Nationwide, Travelers, State Farm and Progressive).
In 2025, market dynamics reflected improving financial conditions for Florida-focused insurers alongside notable shifts in premium and surplus trends.
Key findings for 2025 year-end
- The overall market reported an increase in direct premiums written (DPW) of 1.3% to $33.3 billion since 2024 year-end
- 46 of the 61 tracked companies reported an underwriting gain in 2025, up from 39 companies in 2024
- The overall market reported a net underwriting gain of USD3 billion, with after-tax net income of USD3.6 billion
- Policyholders' surplus grew by 25.7% to USD16.4 billion for the market overall
- Net increases to the surplus included over USD60 million in capital inflows and over USD100 million of surplus notes
- FOIR approved eight new companies to begin writing property insurance in 2025
- 3 million policies were approved for take-out in 2025
- Over 585,000 were removed from Citizens by year-end
Read the full report to access subgroup-level results and key figures, offering a concise view of 2025 year-end financial performance in Florida's property insurance market.