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San Bernardino County, which accounts for six out of the 10 worst ZIP codes in the state for insurance non-renewals, is also among the most at-risk of natural hazards and climate change, according ...
Your home’s materials: The more expensive the materials used for building a home, the higher the insurance rates may be. ZIP code: Your location plays a primary role in determining your premium ...
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]
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 ...
When UPC notified Florida's Office of Insurance Regulation of their dire financial situation, the Insurance Commissioner sent a letter to CFO Jimmy Patronis to seek court approval to place UPC into receivership. In early February 2023 Slide Insurance assumed 72,000 of the 135,000 UPC policies. Less than a week later, UPC was declared insolvent ...
Condo boards have been hit with higher premiums for their commercial condo association policies — prices increased 6.6% in the second quarter of 2024 compared to the second quarter 2023 ...
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