Florida property insurance rate filings show a downward trend for the first time in years, despite another insurance company seeking a rate increase; Citizens Property Insurance pursues a record reinsurance purchase for hurricane …
So what impacts will an above normal Atlantic hurricane season have on Florida’s recovering property insurance market? Will homeowners insurance rates go up? Will reinsurance prices at this week’s June 1 renewal rise? What …
A victory for automobile insurance companies from the Florida Supreme Court, a new model law with tougher standards for the nation’s public adjusters, new insurance premium tax breaks for Florida homeowners are signed …
Florida Insurance Commissioner Michael Yaworsky is disputing a recent academic report that claims Florida’s property insurance market is full of “low quality insurers,” especially those Florida-based companies that write the bulk of the 7.5 million homeowners and …
Some new data and insights from a state insurance roundtable that included policyholders, FEMA has extended its deadline and is said to be working closely with five Lee County governments to save …
Further positive indications that Florida’s property insurance market is stabilizing, stable pricing but questionable availability of reinsurance for the upcoming hurricane season, confusion over the average homeowners premium, Citizens Insurance reports fewer claims lawsuits yet …
Florida’s domestic property insurance companies show a positive net income for the first time in seven years, another carrier is scheduled to go before regulators seeking a rate increase, Citizens Property Insurance answers to Congress again, …
A Florida property insurance company says it will be able to lower rates for some of its customers, an incoming company to the Florida market warns that restricting cancellations will deter other carriers from writing …
Governor DeSantis’ warning about Citizens Property Insurance, details on the next rate increase facing some Florida policyholders, how excess litigation is driving higher automobile insurance rates, plus what Florida disaster management officials will be doing …
Two property insurance companies explain at public hearings the reasons they need 50%-plus rate increases on their Florida policies, reinsurance companies express concern to Florida insurance carriers about potential loss creep from Hurricane Ian, plus a …
