State regulators have approved an extension of a special assessment on Florida property insurance policyholders, while they consider loosening rules on Citizens Insurance coverage. Meanwhile, the insurance commissioner says litigation against companies is …
Another Florida property insurance company goes into receivership, a roofing industry lawsuit is dismissed, Citizens Property Insurance has its rate hike request trimmed, and it’s official: Florida now has the highest homeowners insurance premiums in …
The Florida Legislature’s May 23-25 special session didn’t come soon enough for yet another insurance company which is now trying to wind-down at least some of its operations among growing concern by ratings agencies of …
The need for further legislative reforms in Florida’s property insurance market was on full display this past Friday at a public rate hearing where three companies proposed rate increases from 26% to 111%. All three companies’ …
With the tropics heating up as we head into the heart of hurricane season next month, Florida’s Insurance Consumer Advocate has issued a timely reminder to consumers and the industry about …
The Florida Bar has filed its response with the state Supreme Court on why the referee’s recommendation upholding plaintiff insurance attorney Scot Strems’ suspension should be approved. It also specifically responds to Strems’ filed arguments why it …
Two sister, Florida-based property insurance companies are seeking double-digit homeowners insurance rate increases, continuing the trend we’ve talked about here that is a symptom of our state’s property insurance market woes.
Southern Fidelity Insurance Company …
