Browsing: Florida

A proposed constitutional amendment aims to give Florida voters control over rising home and auto insurance costs.

Florida regulators have approved proposals for private insurers to take over more than 300,000 policies from Citizens Property Insurance Corp. in December.

Florida Governor Ron DeSantis announced that many Citizens Property Insurance Corp. customers in South Florida will see rate decreases this year.

A new Florida bill proposes removing state-run property insurance for condo associations that fail to comply with new building safety regulations. The legislation follows the Surfside building collapse and aims to address safety and repair costs.

Unaffordable home insurance is impacting property values and sales, particularly in high-risk areas.

A Florida Republican senator has proposed a change that could allow more homeowners in Miami-Dade and Monroe counties to obtain coverage from Citizens Property Insurance Corp.

A new bill in Florida could allow businesses to create their own programs for compensating employees for job-related injuries, offering an alternative to the state’s existing workers’ compensation system.

Homeowners in South Florida are expecting some relief in property insurance premiums, although the decreases are small compared to recent increases.

A new legislative proposal could deny state-backed insurance to condominium associations that fail to meet building safety standards, sparking debate over affordability and resident displacement.

Soaring home insurance costs are having a significant impact on real estate markets, especially in high-risk disaster areas. This article explores the growing instability in the home insurance market and its potential consequences for home sales and affordability.