Florida reinsurance renewals: Discounting the top to increase access
At this time of year, all thoughts turn to the mid-year reinsurance renewals, particularly those for Florida, and in 2023 it’s expected to be a particularly
At this time of year, all thoughts turn to the mid-year reinsurance renewals, particularly those for Florida, and in 2023 it’s expected to be a particularly
TALLAHASSEE — Florida consumers will have to pay an extra 1% for their insurance premiums because of property insurer insolvencies stemming in part from hurricane
Additional state legislation to hamstring what lawyers can collect is one step closer to approval. SB 1002 has cleared the rules committee in Tallahassee and
Update: See OIR’s Order to levy 2023 FIGA Emergency Assessment for All Other Account. On March 31, 2023, the FIGA Board of Directors approved a 1% emergency assessment on its
A Senate committee voted in favor Wednesday of confirming Tim Cerio, a veteran government lawyer, as CEO of Citizens Property Insurance Corp. Members of the
New cases initiated last month stood at 280,122. That influx was 126.9% higher than the previous record in May of 2021. Florida’s statewide E-filing Portal
Several UPC customers and insurance agents have reached out to ABC Action News In-depth Reporter Stassy Olmos, worried about their open damage claims from the
The cost of property insurance remains a hot topic in Florida. Even before Hurricane Ian, which wreaked havoc across the state, including here in Central
Property insurance rates in Florida are predicted to jump at least 40 percent in 2023, according to the Insurance Information Institute. Mark Friedlander, the institute’s director
The Florida homeowners property insurance segment of the market is facing significant challenges after a costly year in 2022, which left the group of main