About the time you open this week’s newsletter, the Citizens Property Insurance Corporation rate hearing will begin. Of note in the rate filing details is a proposal by Senator Jeff Brandes and approved by …
One doesn’t have to be an accountant to understand that red means danger and in this Florida Domestic Property Insurers Summary of 2020 Year-End Financial Results it means a financially dangerous trend. Net Underwriting Losses by …
So what of these concerns that fraud, excessive litigation, and growing reinsurance costs are causing market contraction among property insurance companies and forcing more homeowners into Citizens Property Insurance Corporation, the state’s taxpayer-backed “insurer of …
In order to craft appropriate insurance marketplace reforms, Florida House Commerce Committee Chairman Blaise Ingoglia asked Insurance Commissioner David Altmaier in January to provide additional information on cost drivers in residential and automobile insurance …
Despite and certainly because of the challenges facing Florida’s homeowners insurance market, there are things we can do as insurance consumers and as the insurance professionals who serve them, to make 2021 a better year for …
