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 …
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 …
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 …
The clamor for more state property insurance relief takes on a new voice in Congress, State Farm suffers another big underwriting loss, Citizens Property Insurance reports encouraging news on lawsuits, and yet another drop …
Florida’s property insurance market posts another year of $1 billion-plus losses, the insurance commissioner weighs-in on the reinsurance scarcity challenge, while consumers look for ways to reduce coverage and price. It’s all in this week’s …
Reaction has been very favorable to the comprehensive property insurance market reforms passed by the Florida Legislature in its special session last month. Comments such as “profound” and “historic” and “will really unlock consumer …
Earlier this month, the Office of Insurance Regulation (OIR) reported that 27 companies are on its own “enhanced monitoring” list for various indicators of unsound financial condition. OIR also reports that excessive litigation …
