Browsing: Florida

An amusing yet insightful commentary on the trials and tribulations of Florida homeowners dealing with Citizens Property Insurance.

NFIB member Aileen Band shares insights on navigating natural disasters and rising insurance costs for small businesses in Florida.

A Florida bill proposing to withhold state-run property insurance from condominiums that fail to comply with new state requirements has become a key sticking point in discussions about condo safety legislation. Senator Jennifer Bradley and Representative Vicki Lopez hold opposing views regarding the contentious proposal.

Florida-based insurer Mangrove Property Insurance is expanding its leadership team with several key promotions, signaling a commitment to long-term stability in the state’s property insurance market.

The Florida Office of Insurance Regulation approves private insurers to assume thousands of policies from Citizens Property Insurance Corp. as the state prepares for hurricane season.

A Florida appeals court has overturned a lower court’s decision, allowing a homeowner’s lawsuit against Citizens Property Insurance Corporation over water damage to move forward. The ruling centers on the role of expert testimony in determining the timing of the damage.

Insurance trade groups express concern that a Florida House bill could undermine recent reforms aimed at controlling legal costs in insurance disputes.

A recent report has flagged discrepancies between insurance companies’ financial losses and the profits of their affiliate companies, sparking concerns among regulators and lawmakers.

The Office of Insurance Regulation is still considering a rate increase request by Citizens Property Insurance Corp. that could impact Florida homeowners.

A report reveals that while Florida insurance companies claimed profit losses, their parent companies and affiliates were making billions, raising concerns about the sustainability of the state’s insurance market.