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Lawmakers will look into Hurricane recovery and resilience during next month’s special legislative session.
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A data analysis company finds that home insurance premiums in Florida have been rising much faster than any other state, and they are nearly triple the U.S. average.
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United Property & Casualty Insurance Co. will exit Florida’s troubled homeowners’ insurance market, forcing customers to find new coverage as their policies come up for renewal, the insurer’s parent company announced Thursday.
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Florida regulators have announced a stopgap plan to try to make sure homeowners can maintain property insurance coverage. The plan involves the state’s Citizens Property Insurance Corp. acting as a financial backstop.
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Property insurance rates continue to go up as leaders in the industry say exaggerated claims are the main reason. In the past, the rate increases have been blamed on sinkholes, hurricanes and flooding. Now there’s a new culprit: roofers.
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Fifteen months. That’s how long it’s been since Hurricane Michael upended the lives of many Floridians living in the panhandle. For some of them, not much…
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Wednesday, state-backed property insurance corporation, Citizens discussed a new law that makes changes to assignment of benefits process.Under the new…
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Contractors will now have to let insurance companies know when they’ve been assigned a policy holder's benefits. This change comes after Governor Ron…
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Legislators want to close a loophole they say bad actors are exploiting, ultimately leading to insurance rates increasing across the state. A bill heading…
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On average, Policyholders with the state-backed insurer Citizens Property Insurance could see an 8.2 percent rate hike. Blaise Gainey reports the Florida…