Jay Newman, president, Sawgrass Mutual Insurance Company, has written a white paper on the Florida property residual markets over the years for the Florida Catastrophic Storm Risk Management Center at Floria State University. It is entitled, Insurance Residual Markets: Historical and Public Policy Prespectives.

Jay is uniquely qualified for this research. He serviced as executive director of the Florida Residential Property & Casualty Joint Underwriting Association and later as executive director of Citizens Property Insurance Corporation. Citizens was created through a merger of the Residential JUA and the Florida Windstorm Underwriting Association.

His white paper is available from this link: pdf Insurance Residual Markets White Paper - 7-22-10 .