Florida homeowners take major hit in crumbing property insurance market
JACKSONVILLE, Fla. — If you have Farmers Insurance you might want to start looking for a new property insurance provider. Today, the insurance group announced
JACKSONVILLE, Fla. — If you have Farmers Insurance you might want to start looking for a new property insurance provider. Today, the insurance group announced
Companies that sell insurance to other insurance companies are raising the rates they charge in the event of catastrophic losses by as much as 50%
Farmers Insurance isn’t the only company to halt sales of new homeowners’ policies in Florida. Fifteen other insurers have stopped writing new business in Florida
The Florida Insurance Guaranty Association, which handles the claims of insolvent insurers, plans to borrow $600 million by selling municipal bonds, according to preliminary offering
Florida’s legislature and Gov. Ron DeSantis took a big step forward during the 2023 Legislative Session with the signing of House Bill 837, which protects
JACKSONVILLE, Fla. – It continues to be a hot topic in Florida: The property insurance crisis that’s resulted in skyrocketing premiums for homeowners and more than a dozen
SFR Services, a Florida restoration firm made famous by its volume of claims litigation and its charges that United Property & Casualty Insurance Co. had
The average home insurance policy in Florida is $6,000 annually, almost four times the national average. And the skyrocketing rates show no sign of letting
Florida has the third highest number of foreclosures in the country so far this year, according to a foreclosure activity report from ATTOM, a property and
TALLAHASSEE, Fla. — As Florida recovers from last year’s hurricane season, it now readies for another. The Legislature stepped up to help this lawmaking session,