Anne-Marie Wurzel, a realtor at Mainframe Real Estate, said that Florida’s insurance reforms have attracted new insurers and lowered costs, helping to restore confidence in the real estate market. This statement was made on LinkedIn on April 9.
“Is Florida’s insurance market finally on the mend,” said Wurzel, Top Realtor, according to LinkedIn. “With the approval of Apex Star Reciprocal Exchange, we welcome the 12th new property insurer to the state. The reforms have resulted in a flatter premium rate curve, allowing consumers to see a decrease in costs. This improved landscape not only benefits homeowners but also helps restore confidence in Florida’s real estate market.”
According to the Florida Office of Insurance Regulation (FLOIR), Florida’s insurance market is entering a new era of recovery and resilience, with reciprocal insurers playing a leading role in this resurgence. The recent approval of Apex Star Reciprocal Exchange by FLOIR marks the twelfth new property and casualty insurer to enter the market since the state enacted transformative legislative reforms in 2022 and 2023. These reciprocal insurers are bringing over $418 million in policyholder surplus, stabilizing the market and reshaping it around member-driven models that prioritize shared risk and long-term solvency.
The growing presence of reciprocal exchanges has injected competition and accountability into the state’s insurance landscape, resulting in relief for policyholders. Further reports by FLOIR indicate that in the final quarter of 2024, Florida homeowners saw an average premium drop of 0.7%. So far in 2025, 19 insurers have filed for rate decreases while another 37 requested no premium hikes, suggesting that reciprocal models are influencing broader pricing strategies. These mutual-style carriers, owned by their policyholders, have historically favored prudent underwriting and long-term sustainability, contributing to the recent flattening of Florida’s premium rate curve.
According to Insurance Business, this shift toward reciprocal insurance is also helping to restore trust and optimism in Florida’s real estate sector, which had been affected by years of volatile insurance pricing and diminished availability. With insurance premiums now trending downward and reliable coverage becoming more accessible, prospective homeowners and developers are regaining confidence needed to invest in Florida’s property market. Reciprocal exchanges are ideally suited to support this recovery as their community-focused approach offers stability and transparency at a time when trust is paramount in rebuilding both housing and insurance markets.
Wurzel has been a full-time top-producing Realtor at Mainframe Real Estate in Orlando, Florida since April 2021, consistently ranking among the top 250 out of over 25,000 agents in the Orlando board of Realtors. She began her real estate career in 2005 and is recognized for her strong negotiation skills and loyal client base. In addition to her professional work, she is active as the Orlando Ballet’s community ambassador for the “Come Dance with Us” program for children with special needs and has been featured in media outlets including the Orlando Business Journal, INMAN, HGTV.com, and Fox35.
