Property Insurance

The Florida Legislature adjourned last week after unsuccessful attempts to address skyrocketing property insurance premiums and improve the safety of condo towers. Speaking Monday morning in Wellington, Gov. Ron Desantis said he “would welcome” a special session to deal with those issues.

A federal judge has blocked the state from enforcing a key part of a new property insurance law designed to combat fraud. It prohibits roofing contractors from advertising to potential customers.

Governor Ron DeSantis has signed a new property insurance bill into law. The goal behind the measure is to cut down on litigation and stop rising insurance rates, but some question whether the changes will benefit consumers.

Governor Ron DeSantis says he will approve A bill that aims to fix Florida’s property insurance market. One change would increase the eligibility threshold for new policyholders to be admitted into the state-backed, Citizens property insurance group.

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.

Florida’s Insurance Commissioner says claims solicitation is raising the cost of Florida’s property insurance industry for both consumer and provider. David Altmier told a Senate panel Tuesday that rates for property owners will continue to rise unless something is done.

Florida Insurance Commissioner David Altmaier said insurance companies shouldn’t have to pay attorney fees when contractors sue them over property damage…

Citizens Property Insurance has reached a settlement with some 300 policy holders over sinkhole repair coverage. Officials say they’ll pay underground…

Florida’s so-called "insurer of last resort," Citizens Property Insurance, is delaying the opening of its clearinghouse website for three weeks. The move…

Senate Democrats want Governor Rick Scott to form a multi-state partnership to try and stabilize property insurance rates. Senator Jeremy Ring, a Margate…