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  2. Is Florida Finally Fixing Its Broken Homeowners Insurance Market?

    www.aol.com/news/florida-finally-fixing-broken...

    Of the $165 billion in natural disaster–caused damage the U.S. experienced in 2022, $116 billion of it was in Florida. Average annual home insurance premiums are triple the national average ...

  3. These 7 Florida insurance companies OK'd for 168K Citizens ...

    www.aol.com/7-florida-insurance-companies-okd...

    Florida Peninsula began writing home insurance in Florida in April 2005. It sells property coverage exclusively, insuring nearly 150,000 properties throughout the state through a network of 2,500 ...

  4. Can lawmakers save the collapsing Florida home insurance market?

    www.aol.com/finance/lawmakers-save-collapsing...

    Since its 2021 inception, Tampa-based company Slide Insurance has embraced taking on books of business from insolvent Florida home insurance companies. In February of 2022, the Florida OIR ...

  5. Citizens drops insurance policies as cost of Florida home ...

    www.aol.com/news/citizens-insurance-drops...

    Data from Citizens, the state-chartered property insurer of last resort for homeowners who can’t find coverage in Florida’s shaky home insurance market, show the company dropped 2,267 policies ...

  6. Homeowners insurance in Florida is a precarious mess that was ...

    www.aol.com/homeowners-insurance-florida...

    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.

  7. 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 ...

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