The Citizens Property Insurance Board of Governors met last week to hear news of a series of record lows for the state-created company: in policy count, in Probable Maximum Loss (PML), and …
A strong performance by Florida property insurance companies, Florida’s insurance commissioner reveals what he’s doing to track AI use, a roofing contractor settles an accusation of unlicensed public adjusting, catastrophe losses are way down so far …
New insights and perspectives on Florida’s property insurance reforms and what lies ahead in this new year, how Florida’s lessons on auto insurance are being applied in New York, Alabama has just quantified …
Citizens Property Insurance is ordered to lower its 2026 rates even further, as the insurance commissioner and Governor tout growing affordability in Florida’s property insurance market; a new report shows claims lawsuits and costs continue …
We at LMA like to keep our readership completely up to date on all insurance happenings in the beautiful Sunshine State, but occasionally making a foray out into another state can help us …
Prior to the elimination of assignment of benefits (AOB) contracts in property claims, contractors used no-price AOB contracts. When the insurer refused to pay the inflated estimate, the contractor would sue the insurer. Under Florida’s …
Citizens Property Insurance gets a meaningful win against a late hurricane claim, and Frontline Insurance finds a similar success against a late windstorm damage claim involving an Assignment of Benefits agreement. It’s all in this …
A Florida appeals court reaffirms that the bad-faith litigation reform law cannot be applied retroactively, a Citizens water leak claim provides clarification on constant or repeated seepage rules, plus the Fifth District Court of …
Recent rulings by Florida’s appellate courts have dealt a significant blow to contractors and organizations attempting to circumvent the state’s 2019 Assignment of Benefits (AOB) reform law, marking a win for insurance companies. The 5th …
In the wake of disaster, we usually see the best and worst humanity has to offer. In the case of Hurricanes Helene and Milton, sadly we’ve started to see the latter, with opportunistic individuals …
