Florida’s home insurer of last resort is in serious trouble. Will ...
Oct 11, 2024 · An exodus of national insurance companies from Florida, combined with local private insurers canceling plans, has left many homeowners there with only one option: Citizens Property Insurance...
Map Reveals Scale of Florida's Property Insurance Crisis
Jul 2, 2024 · Florida experienced some of the sharpest home insurance premium increases in the entire country last year and had the highest share of insurers transferring risk to reinsurance companies—two...
Insurance 'nightmare' unfolds for Florida homeowners after ... - NBC News
Oct 13, 2024 · In the areas of Florida most affected by the storms, no more than 25% of residents had separate flood insurance prior to the storms hitting, according to an NBC News analysis of U.S....
Florida news, trends and insights - Insurance Journal
Explore the newest/trending Florida content. Are Some Florida Workers’ Comp Judges Bending to the Political Winds on Fees? Does Florida’s 15-year Roof Age Rule Discourage More...
Despite market improvement, homeowners still seeing insurance …
Jan 16, 2025 · heritage property & casualty insurance company: 23-050425: florida peninsula insurance company: 23-050419: florida peninsula insurance company: 24-007126: nationwide mutual insurance company: 24 ...
After three hurricanes in as many months, Florida's property insurance …
Oct 20, 2024 · As of Thursday, the state Office of Insurance Regulation was reporting insurance claims for Milton nearing 200,000 and $2.3 billion dollars in estimated insured losses. After a triple hit to the state from Hurricanes Debby, Helene and Milton, Floridians are working to recover.
Florida residents "stuck" as state's largest insurer cuts policies
Oct 28, 2024 · Florida homeowners have told Newsweek they are being "ripped off" and put into financial difficulty as the state's largest home insurance provider moves to cut the number of its policies.
2025 Florida Insurance Bills Stir Debate Amid Rising Rates and ...
Jan 7, 2025 · These proposed measures aim to address housing durability, financial relief for homeowners, and protection amid escalating hurricane activity in the state. Here’s a detailed look at some of the most notable insurance legislation that could reshape the landscape for residents and property owners.
Citizens property insurance dropping more Florida policyholders
Mar 15, 2024 · Florida's most used home insurance company Citizens announced it will begin shedding plans next week. Although more Floridians use Citizens than any other insurance provider at 1.171...
Milton threatens to upend shaky Florida homeowners insurance …
Oct 9, 2024 · Hurricane Milton threatens to swamp Florida's troubled property-insurance market, potentially pushing prices higher and threatening coverage in a storm-prone region that already has the...