Linda Regner Dykeman, Chief Marketing Officer of HUB International, said that Florida's recent reforms are easing the beachfront homeowners insurance market with falling premiums and returning insurers. The statement was made on LinkedIn.
"Following recent legislative reforms, Florida's beachfront homeowners are seeing changes in the insurance market—premiums are dropping, and more insurers are returning to the state," said Regner Dykeman, according to LinkedIn. "While this softening brings welcome relief."
According to the Florida Office of Insurance Regulation's (OIR) July 2025 Stability Report, the state's 2024–2025 insurance reforms reshaped pricing and carrier participation by curbing one-way attorney fees, tightening assignment-of-benefits rules, and enhancing OIR oversight. These measures led to a decline in defense costs per claim and accelerated new carrier entries, helping stabilize premiums and reduce Citizens' exposure across the state.
Average homeowners premiums remained among the nation's highest but showed early easing in late 2025. As reported by the Florida OIR, coastal counties averaged $6,351 in Palm Beach, $6,165 in Broward, $5,960 in Miami-Dade, and $7,621 in Monroe. Statewide rates averaged about $8,770 according to MoneyGeek, reflecting gradual improvement in approved filings.
Florida's insurer base continued expanding under the reform framework. According to OIR releases, the state approved Viceroy Preferred on August 21, 2025, and two reciprocals—Stand Insurance Exchange and Praxis Reciprocal Exchange—on September 18. This brought total post-reform entrants to at least 17, signaling growing confidence in Florida’s private market.
Regner Dykeman serves as Chief Marketing Officer (Canada) at HUB International. According to the Traffic Injury Research Foundation, she sits on its board and previously led Allianz Global Corporate & Specialty Canada after senior roles at Travelers and Aviva. She brings over 25 years of property-and-casualty market experience.
HUB International was founded in 1998 through the merger of Canadian brokerages and has since grown into one of North America's largest insurance and risk-management firms. According to the company’s official About page, it employs over 20,000 people across 570 offices and provides insurance, benefits, and wealth-management services through a decentralized structure.