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Efforts by insurance companies to limit their exposure to these lawsuits by limiting the assignment of benefits in their policies have been struck down repeatedly by Florida state courts. Enter ...
Downgrading financial ratings impacts homeowners with federally-backed mortgages — those from Fannie Mae and Freddie ... State law requires Florida home insurance companies to offer discounts ...
These lawmakers from South Florida are proposing increasing the cap on the value of homes that state-run Citizens Property Insurance can cover in Monroe and Miami-Dade counties.
Florida’s crumbling homeowners insurance market is exposing one of the state’s long-running flaws: its reliance on a single company to certify the majority of the state’s insurers.
Since 1992′s Hurricane Andrew, Florida’s homeowners insurance market has been dominated by small, state-based insurance companies, which is opposite from nearly all other states.
The Florida Insurance Guaranty Association board met on March 31 and filed for an emergency assessment of 1% on all Florida property insurance policies. [32] That is in addition to a 0.7% for 2022, a 1.3% assessment from July 1 2022 to June 30 2023, and another 0.7% ending December 31 2023. [32]
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agilerates.com has been visited by 10K+ users in the past month