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Browsing: Florida
Florida could see significant auto insurance hikes if President Trump’s proposed auto tariffs are implemented, with Floridians potentially facing an average annual increase of $126 per policy.
Florida’s personal property insurance market has returned to profitability in 2024 after eight years of losses, according to a report by AM Best.
Florida’s home insurance crisis is escalating as hurricane season progresses, leaving many homeowners facing skyrocketing costs and uninsurable properties.
Florida’s ongoing struggle with property insurance costs reveals a deeper issue: the state’s tendency to legislate away the price of hurricane exposure rather than addressing the root causes.
As hurricane season begins, Florida’s property insurance market remains unprepared despite recent reforms.
Patriot Select Property and Casualty Insurance Co. picks up nearly 12,000 homeowners insurance policies from Citizens Property Insurance Corp.
Homeowners in Florida face increasing challenges in securing insurance as companies raise premiums or exit the market, leaving many uninsured or facing hefty out-of-pocket expenses.
Insurance markets in states like California, Florida, and Louisiana are facing a crisis due to climate change, with regulators exploring solutions to rising costs.
Florida residents face 20% or more insurance premium hikes while CEO of Tampa-based Slide Insurance earns $21 million
As hurricane season peaks, Florida homeowners are experiencing another surge in property insurance rates, with a 40% increase since 2022. However, insurance experts suggest there may be reasons for cautious optimism.