Between 2017 and 2022, 11 property and casualty insurers writing mainly homeowners insurance in Florida, where they were domiciled, were declared insolvent and placed in liquidation. This does
TALLAHASSEE — Florida lawmakers last week made changes that will provide “much needed relief” in the troubled property-insurance system, but effects of the legislation won’t
For the fourth time since 2019, the Florida Legislature has enacted property insurance reforms aimed towards stabilizing a beleaguered insurance market. The bill, S.B. 2-A, creates
Key Takeaways: On December 16, 2022, Florida Gov. Ron DeSantis signed two new bills into law that will implement sweeping changes to the Florida property
Senate Bill 2A passed by a vote of 84 to 33 last Wednesday at the second special session of this year aimed at tackling spiralling
TALLAHASSEE, Fla. (AP) — Florida lawmakers released a massive property insurance bill that would create a $1 billion reinsurance fund, seek to reduce insurance lawsuits
Has a car mechanic ever knocked on your door to tell you your tires are bald, and to file an insurance claim to get new
Home insurance is not a warranty policy. It is intended to make you whole again after you experience sudden and/or accidental damage to your home.
It hasn’t been made official by the governor’s office, but Florida legislative leaders have set a date for a second special session to tackle property
