Ingoglia seeks ‘transparency’ on property insurance payments to affiliates
Florida CFO Blaise Ingoglia called for more transparency around payments insurers make to their own affiliated companies, responding to a joint Orlando Sentinel/South Florida Sun Sentinel report on a 2022 state-commissioned analysis. That analysis found insurers claimed $432 million in losses between 2017 and 2019 while paying their own affiliates $1.3 billion, with 20 companies exceeding the benchmark for 'fair and reasonable.'
A House bill to require insurers to justify affiliate payments passed 106-3 in 2026, but its Senate companion never got a hearing. When the newspapers obtained the unredacted analysis, Senate attorneys reportedly threatened them with legal consequences unless they destroyed it; the editors refused, saying they got the records legally.
Homeowners' premiums rose 75% between 2021 and 2025, per a Coalition for Insurable Future report, even as Gov. DeSantis and allies maintain the market has stabilized thanks to earlier reforms. Gubernatorial candidate David Jolly has called the regulatory system corrupt and proposed capping affiliate transfers by executive action.
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