Supply of backup coverage for Florida’s home insurers adequate, at higher price
The market for reinsurance — a critical piece of Florida’s property-insurance system — is improving. But it comes at a price. Those are takeaways from
The market for reinsurance — a critical piece of Florida’s property-insurance system — is improving. But it comes at a price. Those are takeaways from
Florida ranks among the most expensive – if not the costliest – states for home and car insurance. Still, rate increases there are not showing
Hurricane season is officially upon us once again as Florida continues to deal with the impacts of last year’s Hurricane Ian, which caused $60 billion
JACKSONVILLE, Fla. — If you have Farmers Insurance you might want to start looking for a new property insurance provider. Today, the insurance group announced
Companies that sell insurance to other insurance companies are raising the rates they charge in the event of catastrophic losses by as much as 50%
Farmers Insurance isn’t the only company to halt sales of new homeowners’ policies in Florida. Fifteen other insurers have stopped writing new business in Florida
The Florida Insurance Guaranty Association, which handles the claims of insolvent insurers, plans to borrow $600 million by selling municipal bonds, according to preliminary offering
Florida’s legislature and Gov. Ron DeSantis took a big step forward during the 2023 Legislative Session with the signing of House Bill 837, which protects
JACKSONVILLE, Fla. – It continues to be a hot topic in Florida: The property insurance crisis that’s resulted in skyrocketing premiums for homeowners and more than a dozen
SFR Services, a Florida restoration firm made famous by its volume of claims litigation and its charges that United Property & Casualty Insurance Co. had