Property Insurance

A report published by the Tampa Bay Times revealed that insurance companies steered billions to parent companies while claiming they were going broke two years ago while lobbying for industry reforms.

Two different proposals are aimed at the same thing — reducing home insurance costs. Both would need to be approved by Florida voters.

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.

But people considering locating to Florida are pondering whether it's worth the risk to move to a hurricane-prone state.

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.

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.

The state has stopped accepting applications for the popular home-hardening program, less than a month after a new round of funding became available.

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.

The organization is taking inflation into account in the structuring of its mortgages.

The Home Expo had information booths and mini workshops covering all aspects of real estate vetting, financing, underwriting and improvement possibilities.