Florida’s property insurance market remains in the red
The first emergency assessment on Florida’s property insurance policyholders since Hurricane Andrew is on the way, as three more carriers file rate increases of 14%, 45%, 62% and even 103%. There’s also …

What a tumultuous two weeks it’s been for Florida’s property insurance market. While it reportedly reaffirmed “A” ratings for a majority of Florida’s domestic insurance companies, ratings agency Demotech downgraded three companies and pulled ratings altogether …
Another homeowners property insurance company has filed a double-digit rate increase with Florida regulators while Citizens Insurance has begun tracking contingency fee multiplier litigation, one of the cost drivers behind rates. Plus a great history lesson about …