Florida property insurance claims top $3-billion as market continues to slide
TALLAHASSEE, Fla. — In May, Florida lawmakers were summoned back to Tallahassee to try and fix the state’s cratering homeowner’s insurance market. Part of the
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Citizens insurance could hit 1.2M policies by January: What this means for Florida homeowners
TAMPA, Fla. (WFLA) — On the eve of nearly 80,000 Floridians losing their coverage, the CEO of Florida’s insurance company, Citizens, revealed his concerns over
CEO provides update on Citizens Insurance’s “almost incomprehensible growth”
On Wednesday, during the Citizens Property Insurance Corporation Board of Governors Meeting, company President, and CEO Barry Gilway said Citizens could reach 1.2 million policies
Florida Property Insurance Market Remains Challenging Despite Special Session
Southern Fidelity Insurance Company is the latest property insurer to shut down in Florida. “Effective July 15, 2022, all Southern Fidelity policies are going to
Insurance Meltdown Leaves Homeowners Without Policies and at Risk
After meteorologists warned of another active Atlantic hurricane season this year, insurance companies have closed shop in Louisiana and Florida, leaving in the lurch thousands of homeowners in those storm-prone
Insurance experts say shady contractors gaming legal loopholes in Florida
Updated: 1:01 PM EDT Jul 8, 2022 ORLANDO, Fla. — Like many Central Floridians, Kevin Quinn was shocked to learn his home insurance company was
Revealed – what’s tearing apart Florida’s homeowners’ insurance market?
The Insurance Information Institute (Triple-i) has released a damning report which has warned that Florida’s current homeowners’ insurance market is “on the verge of failure,”
New insurance law will take years to curb soaring costs
Florida’s new property insurance reform law – touted as curbing skyrocketing premiums by reining in abuses of the court system – will take years to
‘This is not a survivable market.’ Insurance crisis hits Fla.
Three years ago, FedNat Insurance Co. decided it was smart business strategy to expand deeper into the South to diversify its coverage area. But in
Florida homeowners pay nearly 3x national average for homeowners insurance
TAMPA BAY, Fla. — The price to live in paradise is getting higher for homeowners. A new analysis found that Floridians are paying property insurance premiums nearly