Hurricane season has been eerily quiet for us here in Florida, even as a non-tropical system dumped rain amounts this past week onto Central Florida that the National Weather Service described as similar to a hurricane.
Another potentially disastrous Category …
A new report shows Florida’s insurance consumer and litigation reforms positively affected the price of reinsurance this hurricane season, Citizens Insurance accuses certain plaintiff lawyers of using “misinformation” in their quest to …
Consumer insurance reforms are credited for Florida’s declining auto insurance rates, regulators push for dollar amounts of attorney fees in claim settlements, Citizens defends its alternative dispute resolution process, plus a new …
Gallagher Re says Florida’s recent legislative reforms led to more available and affordable reinsurance this hurricane season, new hurricane models are making their debut, plus a survey finds a sizeable number of …
Florida’s property insurance market continues its rebound, reflecting improving financial conditions, as more carriers join the market; Citizens Property Insurance policy count drops below 800,000 amid other encouraging signs; plus a rare rate hearing for …
A new survey shows Floridians are “connecting the dots” between damaging hurricanes and insurance premiums, the costs of catastrophes doubled in the first quarter of 2025 with hurricane season next on …
The California wildfires could negatively impact homeowners insurance rates in Florida this year, Gallagher Re warns of a “new normal” for annual insured losses from catastrophes, plus the big pushback from the insurance …
While Florida residents braced themselves for a wild 2024 storm season, the Florida Hurricane Catastrophe Fund and insurance companies statewide prepared for the worst. In total, the Cat Fund is expected to pay out $4.6 billion …
The latest Florida damage estimates will be released later today but as of last Wednesday, Hurricane Debby’s insured losses had grown to $113.8 million on 15,326 claims for a storm that may total up …
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 …
