Browsing: Florida

The Florida House of Representatives will hold hearings into claims that property and casualty insurers reported losses while related entities generated significant profits.

Florida leaders, including House Speaker Daniel Perez, are calling for an investigation into property insurance companies after a report suggests they misled lawmakers about their financial struggles.

Florida Governor Ron DeSantis delivered his annual State of the State address, highlighting economic performance, insurance reforms, and immigration. Simultaneously, the Florida House announced an investigation into insurance company profits.

Florida Governor Ron DeSantis delivered his annual State of the State speech, focusing on immigration, property tax reform, and business tax elimination.

A bill proposing universal windstorm coverage through Florida’s Citizens Property Insurance Corp. has been withdrawn, with a potential feasibility study under consideration.

Two proposed amendments aim to address rising property insurance expenses in Florida, sparking debate among lawmakers and citizens alike.

The Third District Court of Appeal in Florida sided with a homeowner, Mayra Avila, in a property damage dispute against Citizens Property Insurance, setting a precedent for fair treatment of policyholder claims.

A recent report reveals the insurance industry’s questionable practices behind Florida’s ongoing crisis, despite claims of market stability. Voters are feeling the pain, and lawmakers are facing the heat.

Citizens Property Insurance Corporation’s policy count drops below 1 million, indicating a recovering Florida property insurance market. Private insurers are re-entering the market.

A Florida appeals court has sided with a homeowner, holding that a new law designed to protect insurers cannot be applied retroactively to deny a policyholder’s right to sue for bad faith.