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2. Ratings agency drops two Florida property insurers entirely ...

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3. The great Demotech scare of 2022: a catalyst for change in ...

   www.aol.com/finance/great-demotech-scare-2022...

   In 2022, news that 27 of Florida’s property insurance companies were potentially facing a financial rating downgrade from Demotech, the state’s primary financial rating firm, created panic in ...

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

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

   In late July 2022, financial strength rating company Demotech announced it was considering downgrading the financial strength ratings of 27 property insurance companies. The situation is complex.

5. Citizens Property Insurance Corporation - Wikipedia

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

   New insurance companies in Florida must be approved by the Office of Insurance Regulation (OIR), which reviews the firm's business plan, projections and financial condition. The judgment of the OIR has been questioned because six of the 18 companies licensed to write "takeout" policies between 2007 and 2011 failed, even though Florida had no ...

6. Why the Florida homeowners insurance crisis should ... - AOL

   www.aol.com/news/why-florida-homeowners...

   Home insurance costs are expected to rise by 40% in Florida in 2023; state governments have some power to limit those hikes, or to make cheaper government insurance available, but they cannot ...

7. Florida homeowners fear soaring insurance cost after hurricanes

   www.aol.com/news/florida-homeowners-fear-soaring...

   By Michelle Conlin and Matt Tracy. NEW YORK/WASHINGTON (Reuters) - For 32 years, Jim Tynan had a homeowners' policy with Allstate on his 1,200-square foot condo in Ponte Vedra, Florida.