Management attributes the significant earnings growth to a lower net loss ratio and higher net premiums earned, resulting in an adjusted return on common equity exceeding 46%. Florida's legislative reforms are credited with visibly stabilizing the market by reducing the flow of funds to third parties not impacted by claims. The company reports its reserve position is currently the strongest in its history, supported by a robust capital position. Direct premium growth of 2.7% was driven by an 18.2% e ...