Residential property insurance and markets: Florida's QUASR data

Abstract

Section 624.424(10) of the Florida Statutes requires insurers doing business in the State of Florida to file quarterly residential property insurance reports (commercial and residential) to the Florida Office of Insurance Regulation via the Quality Supplemental Report (QUASR) system. The data are reported quarterly at the county level for 13 distinct lines of business and include information on policies in force (and underlying changes in polices during the quarter), premiums, and exposures. The QUASR data are unusual in their level of granularity and as such, should be of potential value to researchers pursuing research topics in the areas of market competition, insurance market development, and insurer/insurance market performance as well as to instructors considering projects involving data management, market and insurerlevel analysis, missing data imputation methods, forecasting, or projects that examine changes across periods of market disruptions and recovery.