Florida’s insurance crisis: Could State Farm leave the sunshine state?
State Farm is no longer insuring homeowners in California because of the state’s wildfires. As hurricane season kicks off, could Florida be the next state
State Farm is no longer insuring homeowners in California because of the state’s wildfires. As hurricane season kicks off, could Florida be the next state
by Dave Elias 12:24 PM EDT, Mon June 05, 2023 Just one full day into the Florida hurricane season and homeowners are being warned to expect
If approved, rates could go up anywhere from 7.7% to 24.2%, depending on the policy. ST. PETERSBURG, Fla. — As Floridians are dealing with the
If you think your insurance rates are high, you should see the amount your insurance company must pay for insurance. Insurance companies, just like all
More frequent, more severe storms are primarily to blame for Florida’s crumbling property insurance business, exploding premiums, and policy cancellations: among all 50 states, the
June 1 is the start of hurricane season. It’s also a deadline for Florida property insurance companies to get their reinsurance in place. What’s happening: Insurance
Chief Financial Officer (CFO) Jimmy Patronis announced the arrest of a Southwest Florida resident on charges of Worker’s Compensation Fraud and Unlicensed Contracting During a
Just as the plaintiffs’ law firm of Morgan & Morgan warned, the number of Florida lawsuits filed across the state has shattered previous records, topping
Catastrophe reinsurance providers hold most of the cards for the impending Florida renewals at June 1st, with even legislative efforts to improve the situation “missing