Florida’s property insurer of last resort, Citizens Property Insurance Corporation, could increase its purchase of reinsurance and catastrophe bond backed risk transfer in 2024, with
Initially forecast to be “near normal,” with 12 to 17 named storms, the six-month season is approaching its Nov. 30 end as one of the
Fitch Ratings forecasts that property catastrophe reinsurance renewal rate increases will decelerate in 2024, with an average increase expected to be below 10% at the
Although the Charlotte County residential real estate market has reached stabilization, future sales will be affected by rising insurance premiums, property taxes and interest rates.
South Florida has seen historic flooding in 2023. Yet, according to the Insurance Information Institute, only about 10-20% of property owners in South Florida have
Last week was International Fraud Awareness Week, which is dedicated to highlighting the prevalence and impact of fraud in all its terrible forms. Unfortunately, we do
BOCA RATON, Fla. — A Boca Raton property owner told WPTV he almost had an insurance policy on one of his properties canceled because he
In areas hit hard by Hurricane Ian, signs popped up all across the region warning that it was against the law to do contracting work
On Monday, Gov. Ron DeSantis signed a bill passed during a special legislative session this month providing hurricane relief for rural areas hit by Hurricane Idalia, which also included $176.17
