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2. Is insurance contributing to the condo crisis? Florida ... - AOL

   www.aol.com/insurance-contributing-condo-crisis...

   Two Florida lawmakers blame insurance companies — not new state law — for helping to fuel a condo crisis that has hit owners with rising fees and assessments in high-rise buildings. State Sens ...

3. Experts warn Florida’s condo market could teeter on collapse ...

   www.aol.com/experts-warn-florida-condo-market...

   With condo owners slashing prices up to 40% and interest shifting to single-family homes, the market faces volatility, increased scrutiny and potential contraction as insurance companies raise ...

4. Florida condos are seeing a staggering surge in HOA - AOL

   www.aol.com/finance/t-keep-payments-exorbitant...

   One of the biggest justifications for rising costs is the passage of Senate Bill 4-D in Florida, which was passed in the wake of the Surfside Condo collapse. The 12-story condo fell in June 2021 ...

5. Condo HOA fees jumped 60% in South Florida in past 5 years ...

   www.aol.com/condo-hoa-fees-jumped-60-090000798.html

   According to data from Condo Vultures, the tri-county area had 12,925 condo associations as of December 2023 — that’s about 26% of the 50,000 condo associations in Florida.

6. Citizens Property Insurance Corporation - Wikipedia

   en.wikipedia.org/wiki/Citizens_Property...

   That issue was one of the reasons cited by insurance companies leaving Florida according to the Insurance Commissioner Michael Yaworsky. [37] In August 2023 FOIR announced that Mainsail Insurance Company from Texas was approved to operate in Florida. They also disclosed that 280,000 of Citizen's policies were approved for assumption by several ...

7. Florida homeowners have no choice but to lower condo prices ...

   www.aol.com/finance/florida-homeowners-no-choice...

   Condo sales, on the other hand, are slow because the cost of both buying and owning a condo has surged. Homeowners insurance in Florida increased about 40% year over year in 2023—and a whopping ...