With private insurers dropping customers and raising rates, the state-backedCitizens Property Insurance Corp. saw its number of policies increase about 50% in 2022. Citizens had 1,145,178 policies as
TAMPA, Fla. — In our continuing coverage of the Price of Paradise, we’ve gone in-depth on Florida’s property insurance crisis as it unfolded over the
The Florida Legislature used a special session in mid-December to pass what analysts say is the largest property insurance reform package in Florida history. The
Following the enactment of significant property insurance legislative reform in Florida and after giving these reforms time to bed-in, catastrophe bonds covering risks in the
Climate disasters are taking an economic toll all over Florida and the United States. In the wake of Hurricane Ian hitting the west coast of Florida in
After the two bills aimed at fixing the property insurance crisis in Florida, experts are hopeful the new measures are a step in the right
The Judicial Hellholes® report calls attention to several additional juris- dictions that bear watching. These jurisdictions may be moving closer to or further away from a
A convergence of global events has led to the hardest property catastrophe reinsurance market in a generation and a “complex,” “grueling” and “late” January renewal
Many homeowners across South Florida are having sticker shock when receiving notices of a shortage in escrow, after mortgage lenders notified them that their monthly
