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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. Florida's homeowner insurance is in crisis. Some think ... - AOL

   www.aol.com/floridas-homeowner-insurance-crisis...

   Florida's homeowners insurance crisis has become a nightmare for many homeowners, driving them out of the state. Home insurance premiums continue to increase, with limited competition in the market.

5. The Best- and Worst-Case Scenarios for Florida’s Housing ...

   www.aol.com/best-worst-case-scenarios-florida...

   Dutch Mendenhall, author and founder of Radd Companies, added another layer to the worst-case scenario. “Florida leads the nation in home insurance costs, where 20% of homeowners pay over $4,000 ...

6. 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 ...

7. Florida's insurance crisis poses yet another obstacle for ...

   www.aol.com/finance/floridas-insurance-crisis...

   Floridians already pay the highest home insurance premium in the nation at an average of $6,000 a year in 2023, a year-over-year increase of 42% and 3.5 times higher than the US average of $1,700.