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 …
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, …
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 …
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 dire warning from a South Florida county commissioner on an impending condominium foreclosure crisis due in part to ever-rising insurance costs, how to stop the “rollercoaster ride” of reinsurance pricing, and Citizens …
All members of the Florida Legislature are back in town this morning for a special session that begins at 10am. On the agenda, beyond support for Israel and additional state sanctions against …
