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Browsing: Florida
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.
A Florida Senate Republican has introduced a bill to increase the dwelling replacement cost limit for Citizens Property Insurance Corp. policies in Miami-Dade and Monroe counties.
Unaffordable home insurance is beginning to have a ripple effect on some real estate markets.
Homeowners in Florida can expect some relief on property insurance premiums starting in March 2025, though the reductions will be modest compared to recent increases.