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Lawmakers in 2022 and 2023 passed measures aimed at stabilizing the state’s insurance market as insurance companies fled the state and policyholders saw premiums skyrocket.
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But people considering locating to Florida are pondering whether it's worth the risk to move to a hurricane-prone state.
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A state program that provides critical backup coverage for property insurers could pay an estimated $4.6 billion because of 2024 hurricane claims, mainly from Milton.
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The property insurance market in every other state seems to be headed down the road that Florida has paved. Here is Florida's origin story of this crisis.
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The state has stopped accepting applications for the popular home-hardening program, less than a month after a new round of funding became available.
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Gov. Ron DeSantis has approved $200 million to continue a home-hardening grant program that could help about 20,000 residents cut property insurance costs.
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The organization is taking inflation into account in the structuring of its mortgages.
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The Home Expo had information booths and mini workshops covering all aspects of real estate vetting, financing, underwriting and improvement possibilities.
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Bills that cover social media, homeless camping, and property insurance are among a batch of bills now on the governor's desk. He can veto, sign, or let them go into effect without his signature.
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State leaders have long sought to move policies out of the state-backed Citizens Property Insurance and into the private market.