Katelyn Ferry, Partner and owner at Cambo Ferry | LinkedIn
Katelyn Ferry, a partner and owner at Cambo Ferry, has expressed that recent insurance reforms should be fully implemented before any new legislation is considered. This statement was made on LinkedIn on March 13.
"Yesterday, I had the honor of testifying before the Florida House in opposition to HB 1551," said Ferry, Partner/Owner, according to LinkedIn. "I too am a consumer, and I too wish to stabilize the insurance market. The bill as drafted creates more questions than answers and will lead to needless litigation that our Florida legislature worked so tirelessly to fix. We need time to allow the 2021 and 2022 legislative changes to manifest."
According to Cambo Ferry's 2025 white paper, the reforms passed in 2021 and 2022 were designed to reduce litigation and stabilize Florida's volatile insurance market. These measures are reportedly showing signs of success, with internal client data indicating a sharp drop in new lawsuits. Ferry testified before the Florida House to advocate for allowing these reforms to take full effect before advancing new legislation such as HB 1551.
Florida enacted two major legislative packages targeting property insurance reform in 2021 and 2022. These included eliminating one-way attorney fees, shortening the claims filing deadline, and tightening rules for roofing claims—steps intended to curb fraud and reduce litigation. According to the Florida Office of Insurance Regulation, early indicators show a notable drop in legal filings and modest stabilization in insurer losses.
As reported by the Insurance Information Institute, Florida historically accounted for nearly 79% of the nation’s homeowners insurance litigation despite making up only 9% of U.S. claims. This litigation imbalance contributed to the collapse of multiple insurers and a steep rise in premiums. The reforms introduced between 2021 and 2022 aimed to address this disparity and reduce systemic risk in the market.
Ferry is a partner and co-owner at Cambo Ferry, PLLC, a law firm based in Florida that focuses on civil litigation and insurance defense. She frequently engages in policy discussions surrounding Florida’s legal and regulatory landscape, including delivering formal testimony before state lawmakers. She advocates for evidence-based reform that balances market stability with consumer protection.
Cambo Ferry, PLLC is a litigation-focused law firm based in Florida specializing in insurance defense and statutory compliance. The firm has played an active role in shaping conversations around legislative reform in the state’s insurance market by publishing policy papers and representing clients impacted by regulatory shifts. Cambo Ferry regularly contributes expert analysis to support balanced and sustainable legislative outcomes.
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