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It shows Florida’s new legislative leaders understand the enormity of the state’s property insurance crisis and are initiating decisive actions to create a path toward stability of the market.”
Florida's property insurance landscape is dynamic, influenced by factors such as market trends, regulatory changes and the frequency of natural disasters. Homeowners insurance typically covers ...
A property owner in Fort Myers Beach surveys damage from Hurricane Ian. Insurance industry leaders and elected officials need to consider more out-of-the-box ideas to address the worsening problem ...
“No other state has reported sustained losses for property insurers like Florida has since its last profitable year in 2016,” Mark Friedlander, spokesman for the insurance lobby group ...
For the past several years, Florida has been one of the most visible fronts of a nationwide property-insurance crisis that has caused premiums to rise across the U.S. by an average of 31% between ...
Enter the Florida Legislature, which passed a slew of reforms in December 2022 to crack down on litigation costs and limit the state's involvement in the property insurance market, including a ban ...
No, in Florida, the long-running and worsening property insurance crisis has been buried under an avalanche of anti-woke measures, the ones DeSantis seems to think will carry him to Washington ...
‘Quite a significant change in price’ 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 ...