Florida clears two carriers to absorb 40,000 Citizens policies
Mangrove and Florida Peninsula join the state's accelerating push to shrink its insurer of last resort
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Mangrove and Florida Peninsula join the state's accelerating push to shrink its insurer of last resort
Carriers making takeout offers for Florida Citizens Property Insurance policies have often run into a question: What exactly constitutes “comparable coverage?” That has posed some...
In another measure of the remarkable turnaround of the Florida insurance market, Citizens Property Insurance Corporation’s share of the market has dropped to just 2% for the first...
Three new property insurance companies have entered the Florida market this spring, bringing to 20 the number of new carriers since Florida lawmakers ended assignment-of-benefit ag...
Tort reforms and a quiet hurricane season flipped the script — but AM Best warns the work isn't done
Florida gubernatorial candidate Paul Renner, a former speaker of the Florida House, wants to eliminate the premium tax on residential property, part of his plan to reduce homeowner...
Florida Gov. Ron DeSantis has signed a bill that will create a commercial clearinghouse for Citizens Property Insurance policies, a bill that a number of brokers and agents have ca...
Editor’s note: As some national news reports continue to claim that Florida’s property insurance crisis has endured and premiums keep rising, one Florida insurance executive offere...
Home insurance and the unraveling of Florida communities By Zac Taylor, Delft University of Technology While visiting family in St. Petersburg, Florida, in November 2024, I found m...
The ruling reopens older claims that insurers thought they had already shut down
Can't get home insurance in Florida? Your neighbor's property value just became your problem too.
One resold invoice was all it took to sink the lawsuit against the insurer
Carol Coady has been called out of retirement to be interim president and CEO of Florida Lawyers Mutual Insurance Co., starting next week. Coady served as the professional liabilit...
Legal reforms, improved building resilience, and disciplined underwriting have combined to restore confidence in the Florida re/insurance market, leading to increased capacity as w...
A $2M offer, a 90-day window, and a start date nobody can agree on
With the NFIP $22.5 billion in debt and uptake falling, one carrier is counting on higher limits to win broker business
Brokerage is pressing ahead with acquisitions in a Florida market that is attracting new capital for the first time in years
Building stronger homes creates a stronger, more affordable insurance future for Florida. The post Leslie Chapman-Henderson: National Insurance Awareness Day — Why resilience is Fl...
A few years before the more-recent spate of Florida insurance carrier insolvencies, a workers’ compensation insurer known as Guarantee Insurance Co. was declared insolvent in 2017â...
Carolinas coastal property owners are seeing relief this year; Floridians, less so. And the reasons have little to do with the weather
Ciara Billie was about to step into the shower of her newly built townhome on the Hollywood Seminole Reservation in South Florida when her ceiling began to crumble and an air-condi...
Local governments in Florida will face “greater credit pressure” if voters approve a plan to largely eliminate property taxes on more than half of homes in the state, according to...
When USAA announced nearly $4 billion in policyholder dividends in December last year, the military insurer cited its financial discipline and the proactive steps of members to pre...
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