Florida isn’t alone in big double-digit hikes in property insurance rates, surplus lines insurance companies continue to see huge premium growth and especially in Florida, the important distinction in seeking prejudgment interest on a claim, …
Two property insurance companies have filed for rate increases of more than 50% on their Florida policies, legislative leaders say they’re still considering the Governor’s proposal for homeowners insurance premium relief, and a new report …
A definitive decision from Florida’s highest court on whether an appraisal can be ordered before coverage issues are decided on an insurance claim, food for thought on how to manage this decision, plus a market report …
A new poll showing inflation and rising property insurance prices are the biggest motivators for Florida voters this November, a new forecast for reinsurance pricing and commercial property rates this year, plus a big insurance …
Another property insurance company reduces its policy count in Florida due to challenging market conditions, Florida drivers now pay the most in the nation for auto insurance, Citizens responds to the dubious US Senate Banking …
The Florida Office of Insurance Regulation (OIR) has released its latest twice-annual Property Insurance Stability Report and although the market is nowhere near being out of the woods yet, there are “emerging signals that the reforms …
A new survey shows reinsurance prices in the upcoming renewal will be upwards of 30% more expensive than this year, catastrophe exposed commercial properties are expected to see the biggest reinsurance rate hikes, reinsurance prices …
After another successful takeout period by state-backed Citizens Property Insurance and a resulting and welcoming drop in its policy count, some in Congress are now taking an interest in Citizens’ risk portfolio. They want to …
Today marks the beginning of the final two weeks of legislative committee meetings leading to the start of the Florida Legislature’s 60-day session on Tuesday, January 9. We see that the Senate President is focusing on …
Last week I had the privilege of teaching over 100 homeowners insurance claims adjusters and litigation professionals some lessons learned in my years of working with policyholders who had claims, most specifically hurricane claims. Much of my continuing education course …
