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Hurricane Idalia, with estimates of insured losses as low as $2 billion, will nonetheless affect underwriting results for a number of carriers, the AM

Out of 126 regulated property insurers. Fla.-operated Citizens is the state’s largest, followed by No. 2 Universal Property and Casualty, and No. 3 State Farm.

State Farm Florida has reappeared in market share charts publicly released by Florida's Office of Insurance Regulation after an eight-year absence. The company insures the third-largest number of homes in Florida, 558,604, behind only state-owned Citizens Property Insurance Corp. and Fort Lauderdale-based Universal Property & Casualty. State Farm Florida had been blocking public release of its policy count since invoking "trade secret" status in 2014, preventing industry analy...

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Florida lawmakers return to the Capitol to try to stabilize a troubled property insurance market with high rates and companies going bankrupt.

TALLAHASSEE– On the eve of hurricane season, Florida lawmakers are returning to the Capitol to try to stabilize a troubled property insurance market plagued by skyrocketing rates and a parade of companies dropping policies or going out of business. Whatever comes out of the special session, homeowners are almost certain to keep seeing rate hikes for months,...

TALLAHASSEE— On the eve of hurricane season, Florida lawmakers are returning to the Capitol to try to stabilize a troubled property insurance market plagued by skyrocketing rates and a parade of companies dropping policies or going out of business. Whatever comes out of the special session, homeowners are almost certain to keep seeing rate hikes for months,...

Florida lawmakers return to the Capitol to try to stabilize a troubled property insurance market with high rates and companies going bankrupt.

OUR POSITION: Legislators are headed back to Tallahassee Monday for a second special session that will explore ways to deal with soaring home insurance policy costs and the flight of insurance companies from Florida. Ron DeSantis has signaled his confidence lawmakers can fix the property insurance crisis when they begin a second special session Monday in...

"You can't look at the state of the private insurance market in Florida and say it's good. TALLAHASSEE– On the eve of hurricane season, Florida lawmakers are returning to the Capitol to try to stabilize a troubled property insurance market plagued by skyrocketing rates and a parade of companies dropping policies or going out of business. "You can't look at the...