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Florida Insurance Agents Feeling the Heat from Roiling Marketplace

July 11, 2022

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Dan Alexander has seen the worst of the Florida property insurance market from the inside-out – from agents who’ve quit to carriers that have gone insolvent or stopped writing new business, to having to manage policyholders that are mad at the world over soaring premiums.

“We’re working harder now than at any time I can remember,” said Alexander, vice president of Thompson Baker Agency in St. Augustine, one of Florida’s oldest agencies. “Anytime you have all that’s going on in Florida now, it creates a workload on staff that’s unbelievable.”

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