Browsing: Hurricane Season

Florida’s property insurance market shows signs of stabilization with only 1% average premium increase last year, offering hope to homeowners as hurricane season nears

Florida’s homeowners insurance market is stabilizing after a crisis, but obtaining insurance during hurricane season remains challenging. Understand what’s covered and what’s not.

Insurance industry faces mounting losses from wildfires and storms, with rising property values and development in high-risk areas driving costs

As hurricane season approaches, Florida homeowners should review their insurance policies to avoid potential pitfalls in the claims process.

As hurricane season approaches Florida, experts emphasize the importance of reviewing insurance policies to ensure adequate coverage

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.

The state-backed insurer, Citizens Property Insurance Corp., is seeing a reduction in policyholders due to legislative reforms and increased private insurer interest.

The state-backed insurer, Citizens Property Insurance Corp., is reducing its policy count. Here’s what this means for Florida homeowners.

A growing number of Florida homeowners are choosing to forgo property insurance, driven by high premiums and a troubled insurance market. This trend presents significant financial risks.

Many Florida homeowners are choosing to forgo property insurance due to high costs and market instability. Learn about the trend and its implications.